$XAU # Alert 🚨 Today CPI NEW # Our Prediction Gold Sell Because
*Reason for SELLING:*
*1. Headline CPI Expected High:*
- Last month: 3.4%
- This month expected: *3.7%*
- Reason: Oil above $100, fuel prices high.
*2. If Core CPI Comes Hot, Fed Will Hike Rates:*
- Fed target is 2%, but inflation is 3.7%
- If Core comes at 0.3% instead of expected 0.2%, chances of a rate hike in October will jump to 42%
- Rate Hike = Dollar Strong = Gold SELL
*3. Gold Already Falling:*
- Gold already dropped to $4189
- If CPI is hot, next target is $4150 to $4100
$XAU selling #
*Reason for SELLING:*
*1. Headline CPI Expected High:*
- Last month: 3.4%
- This month expected: *3.7%*
- Reason: Oil above $100, fuel prices high.
*2. If Core CPI Comes Hot, Fed Will Hike Rates:*
- Fed target is 2%, but inflation is 3.7%
- If Core comes at 0.3% instead of expected 0.2%, chances of a rate hike in October will jump to 42%
- Rate Hike = Dollar Strong = Gold SELL
*3. Gold Already Falling:*
- Gold already dropped to $4189
- If CPI is hot, next target is $4150 to $4100
$XAU selling #