Core Viewpoint - The financial markets are closely monitoring the Federal Reserve's actions regarding the potential resumption of interest rate cuts, particularly following recent economic data that has raised concerns about inflation and employment [1][2][3]. Group 1: Federal Reserve's Monetary Policy - The Federal Reserve is expected to release detailed minutes from its last monetary policy meeting, which may reveal differing opinions among committee members regarding interest rate cuts [2][3]. - Market expectations for a rate cut in September have shifted significantly, with the anticipated cut of 50 basis points now being reconsidered, reflecting high uncertainty in policy direction [3]. - Criticism has been directed at the Federal Reserve for its lack of clear communication regarding its decision-making criteria, which has led to confusion in the markets [4]. Group 2: Gold Market Reaction - The gold market has been sensitive to changes in trade tariffs and economic indicators, with prices fluctuating within a $200 range since late April [1]. - Historical patterns suggest that after a period of adjustment, gold prices may rise again, although there are indications of potential short-term declines [5]. - Key support levels for gold prices are identified at approximately $3,270 and $3,200, which could influence future price movements [5].