On Thursday (April 10th) morning trading in the Asian market, spot gold fluctuated narrowly and is currently trading at $3085 per ounce. Spot gold experienced a "violent rally" on Wednesday, with a single day surge of over 3%, the largest increase since March 2020, and approaching the $3100 mark during trading. Behind this epic market trend is the decision of the Trump administration to raise tariffs on major Asian countries to 125% - the market panic index exploded instantly, and investors crazily sold stocks and industrial commodities, pushing gold onto the safe haven throne. Despite the 90 day suspension of tariffs causing a slight drop in gold prices to $3082, traders' fingers are still hanging on the buy button: the current gold price has surged by $400 since the beginning of the year, just one step away from the historical peak of $3167 on April 3rd!

【 Three major benefits: Gold bulls armed to the teeth 】

Trade War: Double Kill of Inflation and Recession

Bart Melek, head of commodities at TD Securities, hit the nail on the head: 'Gold is becoming the last fortress against systemic risk'. The heavy blow of Trump's 125% tariff may not only push up US inflation, but also strangle global economic growth - this is precisely the Federal Reserve's most feared "stagflation nightmare". The meeting minutes show that Federal Reserve officials have begun to prepare for the "difficult choices", and interest rate futures indicate that the probability of a rate cut in June is still as high as 72%.

Countdown to the 'liquidity crisis' in the US Treasury market

The 10-year US Treasury yield surged to a February high of 4.515%, driven by a terrifying signal of direct bidding rates from sovereign buyers such as Japan hitting a 15 year freezing point. When the largest creditors may be selling off US bonds, the demand for "de dollarization" of gold will be boosted by rockets!

Tonight's CPI may become the ultimate trigger

All eyes are focused on Thursday's US CPI data - if inflation exceeds expectations again, the market's fear of the Fed's "longer and higher" interest rates will send gold prices up to $3200; If the data is weak, the expectation of early interest rate cuts will ignite even crazier safe haven buying.

【 Ultimate Warning: The mode of rapid rise and fall has been activated 】

Although the S&P index has experienced its largest rebound since 2008, the VIX panic index remains high at 33, indicating that the market is far from calm. The roller coaster market of gold has just begun:

Long defense line: $3050 has become the new bottom line, any pullback is a buying opportunity

Short Grave: Breaking through 3100 may trigger algorithmic trading to chase after gains, with the target heading straight to historical highs

Nuclear explosion timing: The expiration date of the 90 day tariff probation period (early July) may trigger a larger scale capital flight

Traders must fasten their seat belts - when the Federal Reserve's policy toolbox is at its bottom and trade war bullets are flying, every breath of gold can trigger a market tsunami! Before and after the release of tonight's CPI data, please ensure that your account margin is sufficient. This battle will determine who becomes the winner in troubled times!

In addition, we need to pay attention to the changes in the number of Americans applying for unemployment benefits for the first time. Many Fed officials will make speeches this trading day, and investors also need to pay attention.