---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000796815.md"
description: "Gold surged 700 pips right after yesterday’s CPI release only to fall back again quickly. What a classic bull trap 🥲.Frankly speaking, I don’t buy these CPI numbers at all. With the Strait of Hormuz still shut, there is no way oil prices can drop back to pre-conflict levels ☺️.Go ask around your friends and colleagues – does anyone actually feel like inflation is slowing down? 🤣"
datetime: "2026-07-15T05:46:25.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000796815.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000796815.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000796815.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# Gold surged 700 pips right after yesterday’s CPI r…


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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**