Post
--
A孟星然
·
--
BearishXingran’s Midday Gold Market Analysis
The U.S. September CPI release at 20:30 tonight is the biggest short-term risk event. Core CPI was 0.3% month over month previously, and the market is closely watching whether it continues to ease.
Analysis by Jin Tou Wang points out that if core CPI comes in at 0.2% or lower month over month, gold may retest 4200–4240; if it comes in at 0.3%, expectations of a December rate hike may resurface, and gold could fall back to 4150 or even 4100.
Resistance: 4170 Strong resistance: 4195 Support: 4144 Strong support: 4110
Trading recommendations:
Entry: Enter short positions on a rebound into the 4165–4172 range
Stop-loss: Above 4195
Targets: 4146 → 4110
Summary
Before the CPI release, bulls and bears are likely to remain cautious, with gold expected to trade in a narrow 4144–4170 range. A rebound into the resistance zone that meets selling pressure could offer an opportunity to sell at a high, but tonight’s CPI data will determine the short-term direction—core inflation above expectations could weigh on gold, while a lower-than-expected reading could trigger a short-term rebound. Trade lightly before the data is released and use strict stop-losses. $XAU #比特币突破8.4万美元
The U.S. September CPI release at 20:30 tonight is the biggest short-term risk event. Core CPI was 0.3% month over month previously, and the market is closely watching whether it continues to ease.
Analysis by Jin Tou Wang points out that if core CPI comes in at 0.2% or lower month over month, gold may retest 4200–4240; if it comes in at 0.3%, expectations of a December rate hike may resurface, and gold could fall back to 4150 or even 4100.
Resistance: 4170 Strong resistance: 4195 Support: 4144 Strong support: 4110
Trading recommendations:
Entry: Enter short positions on a rebound into the 4165–4172 range
Stop-loss: Above 4195
Targets: 4146 → 4110
Summary
Before the CPI release, bulls and bears are likely to remain cautious, with gold expected to trade in a narrow 4144–4170 range. A rebound into the resistance zone that meets selling pressure could offer an opportunity to sell at a high, but tonight’s CPI data will determine the short-term direction—core inflation above expectations could weigh on gold, while a lower-than-expected reading could trigger a short-term rebound. Trade lightly before the data is released and use strict stop-losses. $XAU #比特币突破8.4万美元