Gold New WeekGold (XAUUSD)CAPITALCOM:GOLDX_GoldenBoy_XHi, Iโm Maicol, an Italian trader. I study Gold since 2019. I need your support. Leave a like and follow me. Itโs a small thing for you, but important for my work. Please read the description to understand the trading plan. Donโt focus only on the chart. Thanks. Live today at 15:00 CET (Rome time). ๐ GOOD MORNING EVERYONE ๐ The daily has broken the bearish structure that was keeping price under pressure. H4 is aligned with the higher timeframes. Clean structure. Clear direction. H1 is the only timeframe currently weakening. This could be a short-term pullback or liquidity grab slightly lower before continuation to the upside. Main scenario: long continuation after a possible retracement. So for now: Weekly: long Daily: long H4: long H1: short There is little news at the start of the week and we are close to the monthly close, so be careful. As you know, the first and last week of the month are often the most unstable due to institutional positioning. ๐ NEWS UPDATE ๐ Key Points: The Supreme Court has overturned Trumpโs previous tariff regime โ a new 15% global tariff has been introduced. EUโUS trade tensions are rising; fragmentation risk is increasing. Satellite images show an increase in US fighter jets in the Middle East. US growth is slowing while inflation remains persistent. Markets are highly sensitive to inflation and geopolitical risk; gold remains supported and volatility is elevated. Gold stays supported after the latest data showed US GDP slowing sharply to 1.4% (from 4.4%), while inflation (Core CPI / Core PCE near 3%) remains above target. This combination โ slower growth but still elevated inflation โ keeps the Fed cautious and real yields unstable. Geopolitical tensions and trade uncertainty add a risk premium, while the technical structure shows gold breaking higher for now. Momentum is constructive, but sustainability depends on real yields and the US dollar. ๐ Bias: Bullish (with headline and data risk) Gold remains supported by: -Slowing growth -Sticky inflation T-rade instability -Escalation risk If Fridayโs PPI prints hot โ yields rise โ likely pullback. If PPI prints soft โ real yields ease โ continuation higher. Regarding Iran, escalation and conflict risk are increasing, which could push gold toward new all-time highs. ๐ Reminder ๐ I avoid trading during the Asian and London sessions. I focus on the 14:30 news and the New York open at 15:30. ๐ Turn on notifications so you donโt miss anything. ๐ฌ If you have any questions, message me. Iโll reply. ๐ NEXT APPOINTMENTS ๐ As usual, weโll be live at 14:00 to follow the market in real time. In the meantime, have a good day. -GOOD TRADING -MANAGE RISK -BE PATIENT