Gold

Bullish

Archived analysis from Aug 13, 2026, 1:27 PM

Key insight

4,393 holds above $4,400-zone base — PPI print today decides whether July CPI disinflationary signal extends rally to 4,500.

4,400 held 4 sessions straight; fading Fed hike bets + weak jobs data underpin dip-buying above round number.

Main risk

Hotter-than-expected July PPI

Upside PPI surprise today revives Sep Fed hike fears, threatening 4,400 support.

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