This evening, relatively important CPI data will be released. From the current market expectations, the CPI may rise slightly. If the data and expectations do not change significantly, it will basically not interfere with the recent interest rate cut pace. As long as the CPI does not rise significantly in the evening, the interest rate cut can be basically confirmed, and the possibility of gold prices continuing to rebound is quite high, with a potential upward push towards 99800.

If the CPI unexpectedly drops, then there may be a direct surge in the evening, providing a direct opportunity to chase long positions to see the 101000 level. The first wave of long positions around 95500 in the morning has already realized profits by rebounding to 97100. In the afternoon, it was suggested to consider entering a long position again if it falls to 97000. Did everyone keep up?