Gold (MGC) – Watching 3725 Key Decision Point Ahead of CPI

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Gold surged yesterday with aggressive bullish momentum, tagging into the 3725 BFH level. Price is consolidating just beneath it as we head into Tuesday’s London and NY sessions.

Upside: Break and hold above 3725 opens the door toward 3750+.

Downside: Rejection at 3725 + breakdown through 3700 could shift structure, with targets at 3680 and 3662.

CPI & Unemployment data in the NY session may provide the catalyst.
📌 Patience until reaction confirms — 3725 is the key battleground.

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