#美国消费者物价指数发布在即 Precious Metals Market Midnight Fluctuations: Data Expectations and Policy Guidance Trigger Sharp Volatility

Short-term price jumps are just routine market reactions. The real profit-makers are often those who stick to their trading discipline. Time will ultimately verify your judgment.

This morning, after reaching a high of 4641.77, precious metals encountered obvious resistance around 4630, then retreated to test the 4600 integer level, showing a typical oscillation pattern of high point retracement and low point rebound.

From the news perspective, the US is about to release initial jobless claims data and the Philadelphia Fed Manufacturing Index, two indicators that often serve as market barometers. If the data exceeds expectations, the market will reinforce the perception that the Federal Reserve will continue its tightening policy; coupled with recent strong statements from Fed officials, multiple factors have compounded, causing precious metals to quickly come under pressure after rising.

From a technical standpoint, on the 5-minute chart, 4630 has completely shifted from a support level to a resistance level, while the 4600-4590 zone has formed a relatively solid support band. The trading volume on the chart is quite interesting: during the decline, volume continues to increase, indicating some are intensifying selling pressure; but during the rally, volume gradually diminishes, implying upward momentum is waning. This combination of volume and price suggests that bullish and bearish forces are approaching balance, and in the short term, a range-bound oscillation is more likely.

The trading approach during midnight is quite clear: look for short entries in the rebound zone of 4630-4640, targeting 4600 or even lower at 4580. $XAU