XAUUSD 4H Pre CPI Day.

XAUUSD 4H, Pre CPI Day. Since previous bullish impulse, the market has been moving sideways in the premium zone. We would like to see the price to go lower to the discount zone before committing into a bullish position. Since the market has been moving in the same range for the last 32 hours, be careful with your lot sizing and manage risk with a tight SL. It is safer to go on a breakout trade.