#美联储重启降息步伐 Tonight’s PCE Data Drops: Will Rate Cuts Be Played? Gold’s Trend Will Reveal All

The market is now full of rate cut expectations. Behind this collective bet is actually a worry about economic weakness—everyone feels that loose policies are needed to keep things afloat. Tonight’s PCE data is the verification code.

This data directly reflects the real level of inflation. If the number meets expectations, or is even weaker? A rate cut is almost a done deal. But if it unexpectedly comes in stronger, then the story will have to be rewritten.

Gold is now stuck near $4,200. This is a delicate position.

The logic is simple: rising rate cut expectations → capital flows into safe-haven assets → gold breaks above $4,200 and keeps surging. Conversely, if the PCE data dashes hopes for a rate cut, gold could break down directly. So tonight is not just a test for economic data, but also a life-or-death line for gold bulls and bears.

In the short term, this data will determine the market rhythm for the next few weeks.

Advice for beginners: Pay close attention to tonight’s data and the market’s first reaction. Don’t rush to chase gains or cut losses; macro turning points are the easiest time to step into a trap. Wait until the direction is clear before taking action—it’s much better than rushing in blindly.