XAUUSD Update | Gold Drops After CPI — Can Support Hold?Gold US DollarVANTAGE:XAUUSDazgoldtraderGold came under renewed pressure yesterday after failing to hold above 4181, with sellers pushing price back into the pullback zone. Today’s sell-off accelerated following US CPI data, with price breaking below 4139 and dropping sharply into the support zone around 4105–4057. Buyers have since stepped in, triggering a modest recovery. Higher-than-expected inflation can put pressure on gold by strengthening expectations of tighter Fed policy, supporting the US dollar and Treasury yields. Price is now recovering from support, but we need to see whether buyers can sustain the bounce. A reclaim of 4105 would be the first step towards recovery, while a break below the support zone would bring the secondary support zone at 4014–3975 into focus. 📌 Key levels to watch: Resistance: 4105 4139 4158 4181 4229 4271 Support: 4076 4057 4014 3975 3938 👉 Let the levels guide you and wait for confirmation before taking an entry.