Gold Long Setup Before CPI: Inflation Hedge Play

**Symbol:** XAUUSD (Gold) With this week's CPI expected to show continued inflation stickiness (consensus: 3.3% YoY), gold is positioned as both an inflation hedge AND a safe haven — a rare double-tailwind. Gold has pulled back to the $2,342–$2,358 demand zone after last week's hot data reaction was faded. This is a structurally significant buy zone — the confluence of the breakout level from 4 weeks ago and the 4H 50 EMA. **Pre-CPI long setup:** **Entry:** $2,348 (inside demand zone, pre-data entry) **Stop Loss:** $2,315 (below the structure) **Take Profit 1:** $2,395 (pre-CPI resistance) **Take Profit 2:** $2,420 (ATH zone — if CPI beats expectations) **Risk/Reward:** 1:1.4 to TP1, 1:2.2 to TP2 If CPI comes in below consensus (cool inflation), gold could benefit from rate cut expectations — this trade works in both scenarios if the size is appropriate. Are you positioning in gold ahead of CPI this week?