Inflation Cools, But Gold Still Can't Break Out of the DowntrendGOLD (US$/OZ)TVC:GOLDchungngctKey Highlights Both the U.S. CPI and PPI came in below expectations, signaling easing inflation pressures and reinforcing expectations that the Fed may adopt a more dovish stance. Despite the softer inflation data, gold remains confined within its H1 descending channel, with no confirmed trend reversal yet. The next major catalysts are Retail Sales, Jobless Claims, remarks from President Trump, and the U.S. Consumer Sentiment report. 📌 Trading Plan Resistance: 4070–4085 | 4105–4120 | 4195 Support: 4015–4025 | 3980 | 3960 | 3942 Extended Support: 3920 | 3880 📌 Personal View ✅ The primary trend remains bearish as long as price stays below the descending channel. ✅ Continue watching for SELL opportunities around key resistance zones. ✅ A breakout above 4120 could open the door for a recovery toward 4195. ✅ A break below 4015–4025 may extend the decline toward 3980–3960, with 3942–3920 as the next downside targets. 📌 What do you think? Will cooling inflation be enough for gold to break out of its downtrend, or is this still just another rally to sell?