XAU/USD - Gold Bulls Test Major Supply Ahead of CPI

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XAU/USD - Gold Bulls Test Major Supply Ahead of CPIGOLDEASYMARKETS:XAUUSDeasyMarketsGold remains one of the strongest bullish structures across the charts, with price continuing to trade within an established upward move after breaking away from the previous 4,000–4,120 consolidation area. Price is now approaching the major 4,375–4,415 resistance zone. A sustained break above this area would reinforce the bullish trend and bring 4,425–4,435 into focus, with further upside possible toward 4,450. The 4,300–4,315 support zone is now particularly important. Holding above it would keep the broader bullish structure intact, while a deeper break could signal a larger correction. Fundamentally, gold remains highly sensitive to US inflation, Treasury yields and Fed expectations. Markets are also watching geopolitical tensions closely, which continue to support safe-haven demand. A softer CPI print could provide another tailwind for gold through lower rate expectations, while a hotter reading could strengthen the dollar and pressure precious metals. Key levels: Support: 4,300–4,315 / 4,120–4,140 Resistance: 4,375–4,415 / 4,425–4,435 Bias: LONG - bullish while price holds above 4,300. This Article is for informational and educational purposes only and does not constitute investment advice. It does not consider the financial situation, needs, or objectives of any specific individual. Any reference to past performance is not a reliable indicator of future results. Risk Warning: 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please refer to our full risk disclaimer on our website