Gold doesn't find extra momentum in US inflation data

GOLD HAS NOT BEEN ABLE TO FIND AN ADDITIONAL IMPETUS FROM INFLATION DATA IN THE UNITED STATES. THE UNITED STATES CPI REPORT, RELEASED YESTERDAY, WAS THE MAIN EVENT IN THE MARKET THIS WEEK, BUT FAILED TO GENERATE THE EXPECTED MAJOR SURPRISE THAT LED MARKET PARTICIPANTS TO RE-ADAPT TO THE PREVIOUS PATTERN. FOR GOLD, THE SITUATION BETWEEN THE UNITED STATES AND IRAN REMAINS CRITICAL, BUT THE TECHNOLOGICAL BREAKTHROUGH OF EARLIER LAST WEEK BROUGHT AT LEAST A LITTLE ACTION. AT PRESENT, THE CRITICAL LEVEL IS $4387 AND, DESPITE ATTEMPTS BY BUYERS TO TEST THIS LEVEL IN THE ASIAN MARKET, IT STILL APPEARS INSUFFICIENT. THE HIGH POINT EARLIER TODAY, WHICH TOUCHED $4449, IS NOW DOWN TO $4375. WHILE BUY-IN OF ASIAN MARKETS REMAINS A POSITIVE SIGN, MORE POSITIVE PROGRESS IS NEEDED TO SUPPORT THE INCREASE IN GOLD。