Publikuj

CPI hasn't been released yet, but gold $XAU has already skyrocketed, this guy is really strong. It broke through 4400 yesterday, continued to hold at 4418 today, and even surged to 4448 intraday. Silver also strengthened in sync, rising nearly 1.4% intraday. Weak employment data lowered rate hike expectations, the stalemate in the Hormuz agreement added fuel to safe-haven sentiment, combined with multiple supports from central bank gold purchases and institutional allocations, this early rise in gold indicates the market already expects CPI to cool down further. But the data hasn't come out yet, and the price has already risen, which inherently carries risk. If tonight's CPI really meets or even falls below expectations, gold may continue to surge. But if CPI rebounds, the market will be caught off guard, and the correction from the expectation gap could be quite painful. Storage stocks led by $SNDK also surged sharply today. SanDisk rose over 3.6% pre-market, $SKHYNIX rose over 4.4%. Gold is rising, storage stocks are rising, but the two markets are trading completely different things. Gold is trading geopolitical and rate cut expectations, while storage stocks are trading sentiment recovery from AI infrastructure earnings season. Market funds flowing simultaneously to both safe-haven and growth ends indicate layered risk appetite. $SPCX is flat, consolidating while waiting for direction. CPI data will be the variable that breaks the balance; cooling data may break previous highs, rebounding data may cause a pullback. Tonight's CPI is the biggest variable. If the data is good, gold and storage stocks can continue to surge. #黄金站上4400美元，避险需求升温