Gold: Resistance Area – Short First, Longs on PullbacksGoldOANDA:XAUUSDTradeCore_Evan1After two weeks, I’m back. How has everyone been doing with their trading? During my absence, gold rallied strongly and broke through the 4400 level. This move was late but it came — congratulations to those who followed the strategy and captured solid profits! Now, back to business. Today’s market presents both risk and opportunity — CPI data will once again shake the market. If the data is bullish for gold, price could test the 4500 area. If bearish, we may see a pullback toward 4300 or even 4250. From a technical perspective, the rally has been relatively healthy. However, sharp moves are always accompanied by accumulating selling pressure. If today’s data leans bearish, the combination of data-driven selling and existing overhead supply could push price below 4300 with relative ease. The daily chart structure still looks decent for now. But as price moves above 4400, it is entering areas with notable selling pressure: 4440–4480: the first resistance zone after holding 4400 4540–4600: a heavier supply zone on the daily chart On the 2-hour chart, persistent bearish divergence serves as a warning signal to stay cautious. From a short-to-medium-term perspective, after the rally above 4400, the trading bias needs to shift — prioritizing selling opportunities, with buying as a secondary approach. Trading Reference Levels: Buy @ 4360 / 4280 Sell @ 4430 / 4480