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#GoldBreaks4400USD
Gold Breaks Above $4,400 as Markets Reassess the Fed and Global Risk
Gold has pushed above the $4,400-per-ounce level, extending its latest rally and returning to the forefront of global macro markets. Spot gold reached approximately $4,434.84 per ounce on August 11, its highest level since June 5, before easing from the session highs. U.S. gold futures also moved higher, reflecting renewed demand for the precious metal.
The move comes at a significant point for monetary-policy expectations. Weaker-than-expected U.S. employment data has reduced some expectations for near-te
XAU0.46%
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$BEAT Just look at the overall long and short positions.
BEAT38.05%
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Gold Evening Strategy for August 12
The hourly chart has bottomed out and rebounded, continuing to move higher amid volatility. The price has held above the middle Bollinger Band, with short-term bulls maintaining the upper hand. The market is steadily recovering. Several U.S. economic data releases related to CPI are due tonight, and the results will directly affect expectations for Federal Reserve rate cuts, potentially intensifying short-term volatility in gold prices. Focus on resistance at the previous high and above.
Key Levels
Resistance: 4425, 4435
Support: 4390, 4360
Strategy:
G
XAUT0.50%
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At the beginning of last month, I said Bitcoin would fall further, and my view remains unchanged.
On the higher-timeframe weekly chart, connecting the 2022 low with last December’s 126K high, Bitcoin indeed has solid support at 57.8k, and weekly MACD bullish divergence is not easy to form. However, put another way, bullish divergence on the weekly timeframe is relatively slow to take effect. More often, the market will consolidate and correct to absorb the divergence rather than form a reversal.
On the shorter four-hour timeframe, Bitcoin has been ranging between 67k and 57,800 for nearly two
BTC-0.42%
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Tonight’s CPI report will be the key factor determining gold’s direction.
Based on the intraday trend, gold prices surged to 4,424 before pulling back, but they are still holding above 4,393, so the overall bullish structure remains intact for now.
Tonight, the focus remains on buying the dips, with particular attention to support in the 4,385–4,405 area.
If prices drop sharply after the CPI release, bullish opportunities can still be considered as long as the support below is not decisively broken.
On the upside, watch 4,425–4,450 first. If the data is clearly bullish for gold and 4,425 is br
GLDX0.73%
PAXG0.50%
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You can literally buy a $1B asset for just $34 million right now.
Tell me how this isn’t the most insane mispricing you’ve seen 😭 $UTYA
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8/12 intraday trading plan: All short positions in the cryptocurrency strategy are profitable! The Bitcoin short at 64,450 perfectly caught the wick and is currently up 500 points. Reduce the position and continue trading! The Ethereum short at 1,923 perfectly caught the wick and is currently up 15 points! The SOL short at 77.2 is currently up 1 point!
ETH1.09%
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This week, the ecosystem roles of the major public chains were exceptionally clear, and the data dashboards also looked quite impressive. Everyone’s interactions remain concentrated in their respective strongholds, showing that on-chain activity is still booming! The chart below shows the results of my analysis, and I hope it offers some insights
Solana remains the king of traffic, with 24-hour trading volume of approximately 88.74M
Tron / Ethereum are the dual cores of stablecoin settlement, with 7-day transfers of approximately $73.81B / $73.74B, respectively
Ethereum remains the core for ca
SOL0.79%
TRX0.08%
ETH1.07%
ARB-1.12%
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🧧 Qixi red packets are here—come to Gate Square to unwrap your surprise!
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When the market is stable, act decisively to build positions to the upside
Go long at 4420, take partial profits at 4435, lock in the first 15-point gain, and keep half the position to target 4450#黄金 #伦敦金 #现货黄金 $XAUUSD
XAUUSD1.12%
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U.S. July CPI (released at 20:30 Beijing time)
⚠️The following reflects Wall Street’s consensus expectations and is intended for scenario analysis only; it does not constitute trading advice.
Market consensus expectations
• Headline CPI: 3.4% year-over-year, +0.1% month-over-month (previous: 3.5% year-over-year, ‑0.4% month-over-month)
• Core CPI (closely watched by the Federal Reserve): 2.5% year-over-year, +0.2% month-over-month (previous: 2.6% year-over-year, 0.0% month-over-month)
Three scenarios and asset direction (crypto, U.S. stocks, and gold)
1. ✅Below expectations (bullish for risk a
BTC-0.42%
ETH1.09%
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🚀 $DRAM – Strong bullish momentum persists
🟢 DRAM LONG
🎯 Entry: 53.50 – 53.55
🛑 Stop Loss: 52.07
🎯 TP: 54.98 - 56.43 - 57.88
DRAM6.54%
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$NBIS COMMENTS ON VINELAND
"To date, we have delivered all capacity tranches to Microsoft under contract, including two tranches over the past month."
Now waiting for the earnings call
NBIS4.89%
MSFT-0.43%
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$TST has slammed me into the ground again: $24 million in 24-hour trading volume, with the price plunging to 0.0137, down 17.28% on the day. Do you know how I lost nearly the equivalent of a motorcycle on this trade last month? It wasn't because I shorted it, but because I got greedy for the last leg of the rally, chased spot at 0.019, watched helplessly as it drifted lower, and finally cut my position at 0.011, losing nearly half. I kept averaging down until I questioned my entire life. Today, it rebounded to 0.0178 before getting slammed back down. Honestly, my hand was shaking as I stared a
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🧧 Your Qixi red envelope has arrived—come to Gate Square and unwrap your surprise!
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FatYa888:
Full send 👊
CPI is coming in hot, and tonight’s report could have far-reaching effects on U.S. Treasuries, stocks, gold, and the entire crypto market.
If the data comes in below expectations, rate-hike expectations will ease, the dollar will weaken, gold will challenge 4,500, and Bitcoin will test 66,000. However, after the recent consecutive gains, this surge could conceal the risk of a pullback.
If the data comes in stronger than expected, rate-hike expectations will be reassessed, longs will exit en masse, and a correction will begin. The market will likely take a roller-coaster path—rising initially i
BTC-0.41%
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Come to #Gate to discover more Polymarket prediction opportunities https://gate.onelink.me/Hls0/prediction?page=detail&event_ticker=827133&source=cex#GateLaunchpool瓜分141万枚DOS #Gate多项交易指标全球Top4 #我的七夕交易分享 #股票交易分享挑战 . Go all-in and wait to die @追梦小小 @每天赚100u就好
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难掩最后一舞
0/50
30D Return %
-0.46%
-16.00 USDT
30D P/L Ratio
0.77
AUM
$0
30D Win Rate
73.68%
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CPI data tonight! Key signals in the bull-bear showdown
gate liveLIVE
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