Can international spot gold break through 4400?

The interest rate cut cycle will shake the US dollar pattern. After the Federal Reserve confirmed the interest rate cut cycle this week, the US dollar index broke down to 98.35, and gold returned to an upward trajectory. But! The biggest variable is right in front of us: next week's US CPI data. This is the real "starting gun."

If inflation is mild and expectations for rate cuts are solidified, gold may take the opportunity to reach new highs.

If inflation rebounds, the market will doubt the Federal Reserve's determination to cut rates, and gold prices are likely to experience a sharp collapse in the short term, which would be an opportunity to buy the dip.

The trend is a friend, and the mid-term bullish logic hasn't changed. But in the short term, at historical highs, volatility will be as intense as a roller coaster. Don't rush in at the peak; wait for the CPI data to be released and the market sentiment to stabilize before looking for opportunities. Remember, maintaining a bit of clarity amid the frenzy often allows for a longer survival.