LiKuiDianJin

U.S. Eastern Time 8:30 this morning, which is 8:30 p.m. Beijing time, the weekly initial jobless claims for the week ending May 9 and the U.S. monthly retail sales data will be announced.
These two sets of data directly influence gold prices and are key messages that must be closely monitored this week.
U.S. retail sales data is known as a "scary data" point, easily triggering sharp market volatility, and directly affecting gold prices in the short term mainly through two logical factors: the strength or weakness of the dollar and the Federal Reserve's interest rate cut expectations:
Data exce

Silver started its upward move near the low point of 79, forming a clear upward channel. Currently, after the rise, it has entered a consolidation phase.
The Bollinger Bands have shifted from expansion to contraction, indicating weakening short-term upward momentum and a potential pause before a trend change; the middle band of Bollinger continues to rise, maintaining a solid medium-term bullish trend, and the consolidation is a normal pause during the upward movement.
If the price stabilizes above 86.5 and does not effectively break below the 85.9 middle band support.
Trend target: Test

5.13 Gold Morning Review
Yesterday, the United States’ April CPI data came in bearish, causing spot gold to plunge sharply, with a single-day decline of more than $135. Today, focus on the United States’ PPI data and EIA crude oil inventories—these two data points will drive the market’s intraday direction.
The US dollar is currently fluctuating slightly, and the market is waiting for signals on Federal Reserve policy, giving gold a short-term rebound opportunity. The four-hour uptrend remains intact. The gold price has stabilized after falling, gradually recovering—having broken above the mid