Tomorrow night at 21:30, two major data releases will hit back-to-back, and the gold market's volatility may finally reach a conclusion.

Let's see how these key data points could influence the price trend:

The CPI expectation is 3.1%. If it truly falls below 3%, the rate cut expectations will intensify, and gold will likely surge straight to new highs; if the data remains flat, short-term corrections may occur; but if it exceeds expectations and hits a new high, gold might face downward pressure.

The initial jobless claims are expected at 225,000. An actual figure lower than expected indicates weakening employment, which could lead to a dollar decline and gold rally; conversely, if the data is higher than expected, the dollar may rebound, and gold could adjust accordingly.

What is the current background? The probability of a rate cut by the Federal Reserve in December has soared to 87%, with even dovish officials frequently signaling easing measures. Investment banks like Goldman Sachs and JPMorgan Chase are already aligned with the rate cut outlook. Although recent profit-taking has somewhat suppressed gold, the expectations of rate cuts and geopolitical risks still underpin the market, maintaining a generally bullish sentiment.

The advice is to avoid rushing into trades before the data is released. Focus on two key points: whether the CPI breaks below 3%, and whether initial jobless claims exceed expectations. If the data aligns with bullish logic, you can follow the trend and enter long positions to seize the breakout opportunity.