THROUGH THE NIGHT · Tue 10 Nov · CPI DAY · XAUUSD Daily Pivots

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THROUGH THE NIGHT · Tue 10 Nov · CPI DAY · XAUUSD Daily PivotsGold - CashCMCMARKETS:GOLDRealMichaelNeoR3 4209 R2 4173 R1 4150 PIVOT 4114 S1 4078 S2 4056 S3 4020 WHERE WE LEFT IT Buyers weren't done on Monday. After the Review, they took price off R2 and pushed it through the weekly R38 at 4135, to 4149. That's $1 short of Monday's R3. It closed at 4140, the highest close of the bounce. WHERE PRICE SITS 4139. That's $25 above the pivot and $11 below R1. Monday's high (4149) and today's R1 (4150) sit $1 apart. That's the first test. Just under price, the weekly R38 at 4135 is now support, with the M15 mid trend curve at 4126. Bias: HIGHER while H1 holds above 4114. Provisional into CPI. How bias flips: an H1 close below 4114 and a retest that holds. A wick doesn't count. PATH 1 · BUYERS PRESS ON (with bias) M15 closes above R1 at 4150 and the retest holds → R2 at 4173. Above R2 sits our swing battle point: 4180 to 4220. The weekly R61 (4198), R3 (4209) and the H1 upper trend curve (~4187) all sit in it. That's where the bounce gets its real test. PATH 2 · R1 REJECTS AGAIN Sellers turn 4150 a second time → back to 4135, then 4126, then the pivot at 4114. H1 closes below the pivot and the retest holds → S1 at 4078. CPI · 13:30 UK Forecast 0.3% (previous 0.6%) · Core 0.2% (previous 0.3%) Also 09:00 · Fed's Waller speaks. A soft print → a weaker dollar, and fuel to take the battle point. A hot print → a rejection at R1, and back to the pivot. No positions into the release. Let the first H1 close lead. THE RULES Level to level only. 1.5R minimum. Stop to breakeven at 1R. The trade reaches the next level or it scores zero. M15 confirms the entry. H1 sets the bias.