Gold trend analysis
The U.S. Consumer Price Index (CPI) data for August released on Wednesday will become the focus of market attention. CPI is expected to rise 0.5% month-on-month in August, while core CPI is expected to rise 0.2% month-on-month. Markets don't expect the Fed to raise policy rates in September, and inflation data is unlikely to change that view. I think gold will rise to a certain extent tomorrow
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.