Trade analysis
Gold Chart Stuck in a Supply Zone Before CPI | 10 August 2026
By Alan Solarsh · 10 August 2026
Gold sits inside a supply zone ahead of Wednesday's inflation report and Fed rate decision.
What the chart shows
Small candles sit inside a pink supply zone, where sellers have stepped in before. A breakout is price leaving the zone, and its direction is not yet known. Inflation news can shift interest rate hopes, so check the calendar before trading.
Traders with a day job can plan ahead by checking zones and news days. Knowing when big news lands helps you avoid surprises.
Key points from the video
- Alan shows price stuck inside a supply zone, where sellers have stepped in.
- He watches for price to leave the zone, but the direction is unknown.
- He opens his economic calendar to check the news planned for this week.
- Wednesday brings CPI, a measure of inflation, and the Fed interest rate decision.
- Alan will wait and see what the Fed does before reading the breakout.
The Learn to Read a Forex Chart course teaches this step by step. You can start for free and learn at your own pace.
Learn to read a chart, start freeSee the robotQuestions about this chart
What is a supply zone on a gold chart?
A supply zone is an area where sellers have stepped in before. Alan shows price stuck inside one, with small candles sitting in the pink area.
What does a breakout mean on a forex chart?
A breakout is price leaving a zone it has been stuck in. Alan says he does not know the direction, so he waits and watches.
How does CPI news affect gold this week?
CPI is a report on inflation, due Wednesday alongside the Fed decision. Alan says calmer inflation raises rate cut hopes, which he calls good for gold. He waits to see what the Fed does.
Read next
- Learn To Read A Forex Chart, the free course
- All trade analysis videos by Alan Solarsh
- The previous day's chart analysis
- Forex education articles
- See the Forex Robots
Forex trading carries risk. This is education from my own chart, not advice or a signal.