CPT Markets: The expectation of the Federal Reserve's interest rate cut at the end of the year is expected to increase to support the gold price! Intraday...

gold/dollar (XAUUSD)：

Gold rose to1883.77Nearby, gold prices gained an upward boost due to the market's expectation of the Federal Reserve's interest rate cut at the end of the year.

In terms of Lido data, review the past two times in the United StatesCPIBefore the release of the data, the market expected that the growth rate of inflation in the United States would slow down, and the results showed that the rate of inflation slowdown exceeded the market expectation; stay11month10The United States10monthCPIAfter the data, the US dollar index fell sharply2.32%，录得十余年最大单日跌幅，现货黄金当日相对大涨近50美元，创下近两个半月新高；12month13Japan, USA11monthCPI数据公布后，美元指数大跌近1%，创下近半年新低，现货黄金当日大涨逾30美元，盘中一度创近五个半月新高。目前美元指数震荡微跌，市场对美国通胀增速可能放缓的预期，仍令美元承压。此外，10年期国债收益率周三下跌5.9Basis points, to3.560%，而且过去四个交易日，该收益率有三个交易日收跌。

而在利空数据方面，美股三大股市全数收涨，包含标普指数收盘上涨1.26%、道琼斯指数收盘上涨0.8%And the Nasdaq Index closed higher1.76%。 The world's largest goldETF持仓——SPDR持仓周三下降1.74Tons to912.43Tons, for12month20日以来新低，而且该持仓近五次变动均为减少，暗示机构和专业投资者对黄金中长线走势持谨慎偏空太多。

总而言之，对美国通胀增速放缓的预期居高不下，市场对美联储年底将降息的预期也有所升温，美元指数维持弱势并面临进一步下探风险，伴随地缘局势和全球经济衰退的担忧，带给金价提供支撑。不过美股全数收涨及黄金持仓数下降，限制了金价的涨势；日内关注美国12monthCPIdata

Press from above(Upper resistance) 1883.70，1885.10； From the downward direction, the lower support1881.90。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.