US CPI (2026-02-13) and GOLD: Event-Driven Return Odds

Event Snapshot

• Event: CPI
• Asset: GOLD
• Event date: 2026-02-13
• As-of date (T-1): 2026-03-12
• Freshness age: 27 days
• Sample size (all-history): 40

Event Outcome

• CPI Outcome: UP (Actual 327.46, Previous 326.588, Delta +0.8720)
• Direction basis: vs_previous

Probability Table (All-history)

Window	P(up)	P(down)	Median return	Mean return	Sample
T+1	55.0%	45.0%	0.32%	0.27%	40
T+7	78.95%	21.05%	1.4%	1.49%	38

Probability Table (Same-direction)

Window	P(up)	P(down)	Median return	Mean return	Sample
T+1	56.41%	43.59%	0.34%	0.31%	39
T+7	78.95%	21.05%	1.4%	1.49%	38

Event Outcome Interpretation

Execution quality here comes from context discipline rather than reacting to the first candle. GOLD around CPI is best framed through how the release landed higher than the previous release. The current observation shows actual value 327.4600 versus previous 326.5880, a delta of +0.8720. Across the full history, GOLD has a T+7 up probability of 78.95% versus 21.05% down, with a median return of 1.40%. When only matching the same event direction, the T+7 up probability shifts to 78.95% across 38 comparable releases, with a same-direction median of 1.40%. The current release therefore reads as a calibration event inside the median band, not as a high-conviction break. The standing hub thesis for this asset-event pair is: Gold’s CPI behavior is primarily a real-yield and USD function; directional conviction increases when CPI surprise and Treasury move point the same way.

Distribution Position

This window sits in the median band and should be used for calibration rather than conviction. The current T+7 move of 0.74% carries a z-score of -0.31 and a percentile rank of 39.47, which keeps the release inside the central band of observed windows. That is exactly what a strict median norm looks like: neither extreme strength nor extreme weakness, just a normal response range that helps calibrate expectations. The key instruction here is simple: do not overstate what is still a routine macro window.

Comparison vs Hub Baseline

This comparison stays close to the median band and is best used for calibration. The baseline comparison is what turns the page from observation into a repeatable checklist. The hub baseline median T+7 return is 1.40% and the current gap is -0.66%. Same-direction probability moves by +0.00% and the same-direction median differs by +0.00%. Those numbers matter because they show where normal variation ends, not because they justify an outsized story. The current regime context also matters: Safe-haven allocation has become more sensitive to policy-cut expectations.

Failure Modes

The failure mode here is over-reading ordinary data as if it were exceptional. The main failure mode is skipping confirmation steps because the headline feels obvious. Conflicting moves between yields and USD can produce range-bound noise. Median-band releases often produce the worst decisions when operators insist on finding a dramatic narrative where the distribution is actually telling them to stay measured.

Execution Relevance

Treat this page as an execution checklist input, not a buy or sell signal. The operational takeaway is calibration, not escalation. The checklist remains Read US10Y real yield change alongside DXY.; Prefer breakout only after direction confirms on both metrics.; Set position size by ATR-based risk budget.. When a page is marked strict median norm, the right move is to compare it against the hub, keep sizing conservative, and do not overstate the evidence.

Methodology

This page aggregates historical windows for the same event type (CPI) and deduplicates by event date. It reports both all-history probabilities and same-direction probabilities based on event outcome direction (vs previous) for educational use only.