Group 1 - The core viewpoint is that Trump's tariff policies are influencing gold prices, with expectations of rising US CPI data impacting market dynamics [1][2][4] - The market anticipates that the June CPI data may show the largest monthly increase this year, which could lead the Federal Reserve to adopt a cautious stance on interest rate cuts, benefiting the dollar and pressuring gold prices [1][2] - Despite the pressure from rising CPI data, high inflation is also strengthening safe-haven demand for gold, providing support for its price [1][2][4] Group 2 - Gold prices faced resistance at $3365 and experienced a decline to a low of $3320, before stabilizing and trading within the range of $3320 to $3331 [1][2] - Technical indicators suggest a balanced market with potential for continued volatility, as the 5-day moving average shows a slight golden cross and other indicators reflect mixed signals [4] - The suggested trading strategy is to adopt a range-bound approach, with support levels at $3320 and $3300, and resistance levels at $3342, $3348, and $3365 [4]
黄力晨:美国CPI数据打压降息预期 黄金回落后受避险支撑反弹
Sou Hu Cai Jing·2025-07-16 12:19