The rate-hike probability skyrocketed to 91%, yet $XAU gold didn’t actually break down! Smart money reversed and bought the dip with a $23 million long—why are retail investors still panicking?
A “bad news” that can’t knock it down is the real bottom.
On the news front: Last night’s CPI again came in above expectations, with core inflation hitting 3.4%. Market bets for next week’s rate hike jumped directly from 67% to 91%.
But gold only dipped slightly—going from 4295, it was forcefully bought back to 4360. The 100-day moving average at 4335 is firmly being held underfoot.
Today, Goldman Sachs reiterated its target price for end of 2026 at $4,900, noting the upside risk is relatively high.
Look at the data too: SPDR Gold ETF reduced holdings by only 2.85 tons yesterday, and total holdings are still 1,047 tons. Institutions clearly haven’t exited.
Long/Short Strategy
Go long: On pullbacks to 4335–4350 that stabilize, enter lightly—keep tight risk management.
Go short: If price rebounds to 4400–4420 and meets resistance, short lightly—keep the position size small.
With a 91% rate-hike probability that still can’t knock it down, what are you afraid of? No time to stare at the charts? Your buy/sell points have been handed right to your mouth. Join the Shibei King exchange room for steady compounding!👇
#CPI数据来袭能否触发9月加息 #美国合众银行完成Stellar跨境支付试点 $BTC $ETH
A “bad news” that can’t knock it down is the real bottom.
On the news front: Last night’s CPI again came in above expectations, with core inflation hitting 3.4%. Market bets for next week’s rate hike jumped directly from 67% to 91%.
But gold only dipped slightly—going from 4295, it was forcefully bought back to 4360. The 100-day moving average at 4335 is firmly being held underfoot.
Today, Goldman Sachs reiterated its target price for end of 2026 at $4,900, noting the upside risk is relatively high.
Look at the data too: SPDR Gold ETF reduced holdings by only 2.85 tons yesterday, and total holdings are still 1,047 tons. Institutions clearly haven’t exited.
Long/Short Strategy
Go long: On pullbacks to 4335–4350 that stabilize, enter lightly—keep tight risk management.
Go short: If price rebounds to 4400–4420 and meets resistance, short lightly—keep the position size small.
With a 91% rate-hike probability that still can’t knock it down, what are you afraid of? No time to stare at the charts? Your buy/sell points have been handed right to your mouth. Join the Shibei King exchange room for steady compounding!👇
#CPI数据来袭能否触发9月加息 #美国合众银行完成Stellar跨境支付试点 $BTC $ETH
