8.12 Yellow Croaker’s Evening Thoughts and CPI Market Outlook
Market participants generally expect that the U.S. July CPI will ease to an annual rate of 3.4%, down from the prior 3.5%. If the inflation data comes in as expected and declines, it will bolster market expectations for a Fed rate cut, putting pressure on the U.S. dollar and Treasury yields—providing fundamental support for gold.
From a technical standpoint, the bullish structure on both the daily and 4-hour timeframes remains strong. Price is holding above the upper Bollinger Band, and the larger upward trend in the medium term has not changed.
In the short term, 4390–4405 forms an important dense support zone. Pullbacks and consolidation ahead of the data should be viewed as accumulation within an ongoing uptrend, with the bulls still maintaining control of the order flow.
Evening CPI data is likely to trigger sharp market fluctuations, with two-way stop-sweeping risks. It is not advisable to take a heavy position in advance. Wait patiently for trading signals on the chart, and make risk control the top priority.
Trading Suggestions
Duo: Buy on stabilization in the 4400–4420 range, target 4465. After a breakout, look for 4495 and 4560.
（Personal advice is for reference only—always remember to set a stop-loss and manage risk）
#黄金 #币安人生
Market participants generally expect that the U.S. July CPI will ease to an annual rate of 3.4%, down from the prior 3.5%. If the inflation data comes in as expected and declines, it will bolster market expectations for a Fed rate cut, putting pressure on the U.S. dollar and Treasury yields—providing fundamental support for gold.
From a technical standpoint, the bullish structure on both the daily and 4-hour timeframes remains strong. Price is holding above the upper Bollinger Band, and the larger upward trend in the medium term has not changed.
In the short term, 4390–4405 forms an important dense support zone. Pullbacks and consolidation ahead of the data should be viewed as accumulation within an ongoing uptrend, with the bulls still maintaining control of the order flow.
Evening CPI data is likely to trigger sharp market fluctuations, with two-way stop-sweeping risks. It is not advisable to take a heavy position in advance. Wait patiently for trading signals on the chart, and make risk control the top priority.
Trading Suggestions
Duo: Buy on stabilization in the 4400–4420 range, target 4465. After a breakout, look for 4495 and 4560.
（Personal advice is for reference only—always remember to set a stop-loss and manage risk）
#黄金 #币安人生