黄金在美国CPI后宽幅震荡，10月加息押注未明显升温
Gold whipsaws after US CPI as data falls short of bringing an October rate hike back into play
Gold once approached a new monthly low after the release of the US CPI data, and then recovered all losses; as of the data, the market's pricing for an October interest rate hike has stabilized at around 30%, which is only 9 percentage points higher than the 21% before the data. The author believes that the initial decline was an overreaction. If today's PPI and other data are less than expected, it may lead to a rebound; on the daily chart, sellers are focusing on 3,885, and buyers need to break through the trend line to look at 4,700. The 4-hour resistance is 4,228.
Gold first declined and then rose after the announcement of CPI, indicating that the market's expectations for an interest rate hike in October were limited, and the price's rapid recovery of losses indicated that data shocks were more digested into short-term fluctuations. If subsequent PPI data deviates from the inflation path, it may amplify gold's sensitive response to interest rate expectations; traders need to pay attention to the gains and losses of key technical levels to judge the sustainability of the market repair.
作者将CPI后的急跌视为过度反应，并给出日线阻力与多空目标位，便于理解黄金近期波动路径。
来源：ForexLive · investinglive.com