#数字资产市场洞察 CPI data below expectations, can gold break through 4350?

$XAU

After the US November unadjusted CPI annual rate was released and fell to 2.7%, well below the expected 3.1%—this indicates that inflationary pressures are indeed easing. The subsequent logic becomes clear: after inflation softens, policy focus will shift to economic stimulus, and rate cuts and liquidity injections are almost inevitable. The new US administration has also sent a clear signal, with the Federal Reserve's new chair leaning towards a more dovish policy stance, which is a solid positive for defensive assets.

Although gold has recently experienced limited volatility and the European and American holidays have suppressed trading activity, it still closed with a strong bullish candle driven by CPI data. From a technical perspective, the 4300 level remains solid and has been confirmed as effective. Currently, short-term resistance is at 4350; once this barrier is broken, the upward potential will be fully unlocked. Looking at a longer time frame, it’s not a question of if gold will hit new all-time highs, but when.

Recent trading strategy:
$XAU Look for buying opportunities around 4325-4315, targeting the 4340-4350 range. If a clear breakout occurs, then watch for 4355, 4365, and 4380.

Risk warning: This analysis is based solely on personal opinions and technical judgment and should not be used as the basis for investment decisions. Market conditions are uncertain, and investments carry risks.