#CPIWatch✨
If non-farm payrolls (NFP) come in stronger than expected, rate-cut bets may temporarily retreat. But CPI is the most important test: higher-than-expected inflation may lead the Fed to tighten or delay the cut, while a quiet reading could restore support for the easing scenario.
My view: Cautiously bullish—gold tends to rise if CPI comes in below expectations. However, a strong inflation surprise could mean downside pressure on gold, with higher yields and a stronger dollar.
Are you bullish or bearish? 📈📉
Share your trades or your gold holdings through the trading share tool.
#CPIWatch✨ #cpi I #NFP #Gold
If non-farm payrolls (NFP) come in stronger than expected, rate-cut bets may temporarily retreat. But CPI is the most important test: higher-than-expected inflation may lead the Fed to tighten or delay the cut, while a quiet reading could restore support for the easing scenario.
My view: Cautiously bullish—gold tends to rise if CPI comes in below expectations. However, a strong inflation surprise could mean downside pressure on gold, with higher yields and a stronger dollar.
Are you bullish or bearish? 📈📉
Share your trades or your gold holdings through the trading share tool.
#CPIWatch✨ #cpi I #NFP #Gold