#密码资产动态追踪 January 13 Gold Market Overview: Data Focused on Range Fluctuations and Consolidation

Gold has been consolidating and accumulating energy over the past couple of days. The key moment is coming—Tonight at 21:30 Beijing time, the US December CPI data will be released. This data will directly determine the next move for gold.

First, let's discuss why this CPI is so important. The November data was affected by partial government shutdowns, leading to statistical issues, so the December data is expected to correct and rebound. The market will focus on commodity and service prices—this will directly influence the Federal Reserve's stance on interest rate cuts.

In simple terms, there are two possible scenarios for the CPI data:

**Data Surges (Year-over-Year > 2.7%)**
The dollar may soar, and the Fed's rate cut plans might become less urgent. Gold could see a reverse decline. In terms of price levels, 4550-4570 is a support zone; if broken, watch for 4530. For trading, a rebound in the 4600-4620 range could be an opportunity to short, with a stop-loss above 4630, targeting around 4570. Be quick in and out—no overthinking.

**Data is Normal or Lower (Year-over-Year ≤ 2.7%)**
The dollar might weaken, and expectations for rate cuts could rise, which is positive for gold. If gold breaks through 4620-4630, consider going long, with a stop-loss below 4600, and targets at 4650-4662. Alternatively, if gold returns to the 4580-4590 range, small long positions can be considered, with a stop-loss at 4560.

In the long run, the big picture remains unchanged: declining inflation, a soft landing for the economy, and central banks continuing to buy gold. These fundamentals won't be altered by a single CPI report. Plus, geopolitical risks still carry premium, so the medium-term bullish trend for gold remains solid. Of course, the short-term direction depends entirely on tonight's data.

Always prioritize risk management—markets can turn unexpectedly. Control your positions accordingly, and set stop-losses as needed. $BTC $ETH