Gold Price Analysis: $4,677 Pulls Back to Channel Support — CPI Tuesday Is the Only Thing That Matters This Week

Source signal context

Gold pulled back to $4,677 on May 11 after rising 3.72% last week; traders de-risked ahead of Tuesday’s CPI release, and expectations for no June rate cut (95.8% per CME Fedwatch) limited upside Signal metadata — impact negative, driver macroeconomic.