#CPIWatch
$XAUT 4.300$
Bearish for gold in the short term, but structurally bullish in the medium-to-long term.The combination of the blockbuster Nonfarm Payrolls (NFP) report and a highly probable Fed rate hike creates a textbook headwind for XAU/USD [Polymarket]. Higher interest rates push real Treasury yields up and strengthen the U.S. dollar, which strips non-yielding gold of its immediate appeal.However, with Brent crude hovering above $100 and global inflation risks remaining sticky, gold maintains its secular bullish support as a hard asset hedge.
$XAUT 4.300$
Bearish for gold in the short term, but structurally bullish in the medium-to-long term.The combination of the blockbuster Nonfarm Payrolls (NFP) report and a highly probable Fed rate hike creates a textbook headwind for XAU/USD [Polymarket]. Higher interest rates push real Treasury yields up and strengthen the U.S. dollar, which strips non-yielding gold of its immediate appeal.However, with Brent crude hovering above $100 and global inflation risks remaining sticky, gold maintains its secular bullish support as a hard asset hedge.
