GBP/USD was trading at 1.3428 on Thursday, following a period of volatility after the release of UK inflation data, which came in weaker than expected despite geopolitical tensions over Iran and rising oil prices.

The UK Consumer Price Index (CPI) slowed to 2.8% in April, down from 3.3% in March, while the market had anticipated a reading of 3%.


The market interpreted these figures as a signal that the Bank of England may not need to raise interest rates aggressively in the near term. This has reduced expectations of further tightening and weighed on the pound.

Get more news.t.me/fZRSUIAnrZ83YjU0

📊 MARKET UPDATE: GOLD / XAUUSD 📊

Gold is currently trading around the H4 + H1 support breakout zone near 4520, where the market is testing an important reaction area after the recent bearish pressure.

As long as price manages to hold above the 4450 support zone, buyers still have the opportunity to regain momentum and push the market higher.

A successful bullish reaction from the current zone could drive price back toward the next resistance area around 4550 – 4570.

If buyers manage to break and sustain above the 4570 resistance zone, it may open the path for further bullish continuation in the short term.

Almost all targets are done and dusted 🚀

Gold bears look to retain intraday control amid mixed technical setup
From a technical perspective, the XAU/USD pair maintains a modest bearish bias within a downward parallel channel and remains well under the upper boundary around $4,682.12. Meanwhile, the Relative Strength Index (14) at 46.60 has recovered from oversold territory, though it still points to only neutral-to-soft momentum. However, a mildly positive turn in the Moving Average Convergence Divergence (MACD) suggests corrective upside rather than a completed bearish phase.

On the topside, initial resistance emerges at the prior channel reference around $4,63

📚 DAY 4: Protect Your Mindset

💡 Trading is not just technical — it’s psychological.

Losses are part of the journey. What matters is how you react and recover.

📌 Rule: Stay calm, stay focused, keep improving.

📊 CHF/JPY BUY SETUP

📈 Entry: 201.85
🎯 TP1: 201.55
🎯 TP2: 202.00
🎯 TP3: 202.00 (swing)
🛑 SL: 201.15

💡 Risk management: 2–3% per trade
Trade with discipline 📊🔥

Join Us Here👎https://chat.whatsapp.com/GGhHe8Ci3SE1y9r3gfSwap

XAU/USD SELL SETUP 🔴
Entry: 4522–4530 (sell on pullback)

SL: 4542
TP1: 4510
TP2: 4500
TP3: 4490

Short Technical Analysis (M15)

Sellers are still in control after rejection from the supply zone. Price failed to create a strong bullish breakout and continues to respect the bearish structure. As long as the price stays below 4542, sell setups remain valid.

If the price reaches the 4525–4530 area and shows rejection candles, that could provide a cleaner entry confirmation.

📊 XAU/USD TECHNICAL ANALYSIS
Gold maintains a modest bearish bias within a downward channel, trading below the upper boundary around $4,682.12.
📉 KEY LEVELS
Resistance: 4,632.58 | 4,682.12
Support: 4,500.00 | 4,380.81
⚠️ OUTLOOK
As long as price stays below 4,632, bears retain short-term control. A break below 4,500 opens further downside toward 4,380.
https://t.me/+Btd4FdeV9L04MzVk

Gold Sell Confirm Target🎯🎯
Let's go sell

Join Our Free VIP Group Now
https://chat.whatsapp.com/D7dItpWEv3J6vNmyqghTaA

🚨 WE ARE LIVE NOW 🚨
Real-time trading robot testing in progress!

📊 Watch how the robots perform in live market conditions
💰 See results, entries, and profits happening in real time

👉 Don’t just hear about it… witness it yourself LIVE!
👉 Watch now:

🔥 Join now before the session ends! Don't forget to subscribe, like, share, and comment