Coffee Time☕ with Market Analysis 📈 Product: XAU/USD Prediction: Decrease Fundamental Analysis: On Tuesday, the U.S. Producer Price Index (PPI) rose by 0.1%, with core PPI unchanged, signalling a continued slowdown in inflation. Traders are now focused on Wednesday's U.S. Consumer Price Index (CPI) and Thursday's retail sales data to anticipate the Federal Reserve's next moves. XAU/USD prices saw some selling near the monthly high, erasing the previous day's 1% gain. A generally positive stock market tone reduced demand for safe-haven assets, and some repositioning ahead of the key U.S. inflation data added pressure on precious metals. Technical Analysis: On the daily chart, gold has finally rebounded to the resistance zone near the $2483 level. Bears are expected to step in above this level, aiming to push the price back down to the $2360 support level. On the other hand, bulls are hoping for a further breakout to increase their bullish bets and drive the price to new highs. On the 4-hour chart, the price is still stuck in a range between the $2360 support and the $2483 resistance. Market participants may continue to "range trade" by buying at support and selling at resistance until a breakout occurs. REGISTER NOW!! - https://mykvbplus.github.io/?r...  #KVB #tradingindonesia #Businessmanager #Relationship #Relationshipmanager #indonesia #vietnam #Signal #COPYTRADE #XM #Exness #mytradingstory #forexmarket #FOLLOWMEGuideBook #OPINIONLEADER #tradingvietnam #trader #tradingview