According to Jinshi.com, the "horrible data" of the monthly retail sales rate in the United States in June will be released at 20:30 tonight. The market expects that it will decline month-on-month, showing weak consumer spending for the third consecutive month. Against the backdrop of cooling inflation, can retail data become an important driver of the Fed's three interest rate cuts this year? Be careful that the data will push gold to a record high. Investors are advised to pay attention to the relevant risks.