Daily notes
Intraday bias, levels and trade ideas for WTI and Brent, plus gold, published before the London open.
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Gold retests 4,114 from below after the CPI drop
Hot US CPI knocked gold out of its composite value and left low-volume nodes at 4,118–4,135. Price is now bouncing into that gap from below. Sell zones, a counter-trend buy, stops and targets from the volume profile.
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WTI tests the 95.64 PoC after a big API draw
WTI has broken its September downtrend and is building higher value, now pressing into the 95.64 composite PoC. An 11.1M-barrel API draw and Middle East supply risk back the bullish view. Buy zones, stops and targets from the volume profile.