US August CPI is coming at 8:30 AM ET. It may decide whether the Fed delivers its first rate hike in over 3 years. Forecast sits at 3.4% YoY. This print will most likely come IN LINE with expectations, possibly even SLIGHTLY BELOW. Because oil stayed calm through August and the real surge only started in September, so it is not in this data yet. 🔸 Below expectations, hike odds fade, bullish for BTC, Gold and risk assets 🔸 Above expectations, hike bets get stronger, more pressure on risk assets 🔸 In line, expect a quick wick both ways, then back to trading the charts #CPI #Fed #FOMC #Bitcoin #Crypto #Gold #XAUUSD(BloFin Research)