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The latest economic data shows that the US consumer CPI data in November was 0.1%, 0% higher than expected; the core CPI was 0.3%, overall in line with expectations, but higher than October. Judging from the release of this CPI data, the market generally expects that the Federal Reserve’s interest rate decision will maintain the current benchmark interest rate of 5.25%-5.5%, and focus on next year’s interest rate forecast and Federal Reserve Chairman Powell’s press conference.As you can see from the chart, gold is still on a downward trend, but it is rebounding because it has fallen too much.So today we can still follow yesterday’s strategy and focus on selling.You can observe the ranges of 1988, 1992-1997, and 2005-2009 for selling, and arrange your positions reasonably, so that your success rate will be greatly increased.If you don't know how to trade, join me and let us learn together to improve the success rateFollow me in trading and your success rate will be greatly increased

At the time of the risk of key central bank events, the market will face the release of US consumer inflation data within the day, which will play a key role in influencing market expectations of the Fed's next policy actions.U.S. consumer price index (CPI) inflation is expected to be mixed at the front end of the curve. The core consumer price index is expected to jump from 0.2% to 0.3% in November, while year-on-year data is expected to rise slightly from 3.2% to 3.1%. A slight decline.It is expected that the price of gold may hit a low again.Judging from the chart, gold is still in a downward trend. The top focuses on the resistance of 1992-1997, and the bottom looks at the low points of 1975 and 1950, but beware of the impact of CPI data on gold.From a technical point of view, the daily line is currently in a downward trend, and the lowest point of support for the daily line Bollinger band is 1950. The decline of this wave of gold must at least see 1950 to observe whether it can rebound effectively.So we still choose the resistance point to sell. You can observe 1992-1997, 2007-2009, choose the right position to sell, and plan your position reasonably, so that your success rate will be greatly increased.If you don't know how to trade, join me and let us learn together to improve the success rateCan wait for CPI to tradeIf you follow my strategy, you have already made moneyToday I will continue to share my views

Not only did the number of new non-farm payrolls in November exceed expectations, but the unemployment rate unexpectedly fell to 3.7%, and hourly wages exceeded expectations.After the release of non-farm payrolls data, the swap contract showed that the market lowered its expectations for the Federal Reserve to cut interest rates in 2024, and the probability of keeping interest rates unchanged in December rose slightly.This week's market will focus on the CPI data released on Tuesday, which will reflect the recent inflation issues in the US market, as well as the Fed's interest rate decision on Thursday. The interest rate decision announced this time will be the last time this year to announce whether the Fed will raise interest rates. Judging from the data in the December non-farm payrolls report, it is expected that there will still be no interest rate hike this time.As can be seen from the chart, gold still maintains a downward trend, paying attention to the support of 1995, 1985, and 1950.From the technical point of view, the daily line fell below the middle Bollinger band of the daily cycle last Friday. The space for this wave of decline depends on the support point of the lower Bollinger band of the daily line 1950, and there is almost no support point in the middle, so we can sell mainly.This week's key data are CPI and the Fed's interest rate decision, so the volatility on Monday will not be too great, and the current range is between 1990-2010.If you don't know how to trade, join me and let us learn together to improve the success rateAs I predicted, the range fluctuatesI will continue to share today

The latest economic data shows that the US consumer CPI data in November was 0.1%, 0% higher than expected; the core CPI was 0.3%, overall in line with expectations, but higher than October. Judging from the release of this CPI data, the market generally expects that the Federal Reserve’s interest rate decision will maintain the current benchmark interest rate of 5.25%-5.5%, and focus on next year’s interest rate forecast and Federal Reserve Chairman Powell’s press conference.As you can see from the chart, gold is still on a downward trend, but it is rebounding because it has fallen too much.So today we can still follow yesterday’s strategy and focus on selling.You can observe the ranges of 1988, 1992-1997, and 2005-2009 for selling, and arrange your positions reasonably, so that your success rate will be greatly increased.If you don't know how to trade, join me and let us learn together to improve the success rateFollow me in trading and your success rate will be greatly increased

The number of people applying for unemployment benefits announced yesterday rose to 220,000 at the beginning of the week ended December 2, slightly lower than the expected 222,000.The number of people renewing unemployment benefits in the United States fell to 1.86 million in the week ended November 25, the largest decline since July and the second decline since early September.The number of layoffs in challenger companies increased by 45,500, much higher than the previous value of 36,800.These signs all show that the decline in the US labor market is obvious, and it also provides confidence for the Fed to end interest rate increases, but it still needs today's important non-farm payrolls data to be truly determined.Judging from the chart, gold has been fluctuating within the range I reminded for the past two days, indicating that gold is also waiting for today's data to choose the direction.If today's non-farm payrolls data is good for gold and gold breaks through 2040, you need to pay attention to the resistance of 2050-2060.If today's non-farm payrolls data is unfavorable for gold, gold may fall below 2010 againToday's data will determine the direction of gold. Today is already Friday. Cautious traders can wait for the data to be released or follow the trend next week before trading.If you are trading now, continue to observe the 2020-2040 range volatility and strictly set the stop loss, so that your success rate will be greatly increasedIf you don't know how to trade, join me and let us learn together to improve the success rateThe data is unfavorable for gold, and it has fallen now. Those who are profitable can choose to reduce their positions now to make a profit.This week's forecast is basically correctHave a nice weekend

Yesterday, ADP employment data was released. The report showed that the number of ADP jobs in the United States increased by 103,000 in November, less than the expected 130,000, and also less than the previous revised value of 106,000.Four consecutive months fell short of expectations, adding new evidence to the cooling of the US labor market.At the same time, wage growth has also cooled further. In November, the wages of those who stayed in the job rose by 5.6% from the same period last year. The growth rate fell for the 14th consecutive month and fell to the weakest growth level since September 2021.Coupled with the announcement on Tuesday that the number of JOLTs job vacancies in October fell sharply by 8.733 million, much lower than the previous value of 9.33 million, these signals of a weak job market are gradually reducing the probability of the Fed raising interest rates.Today's number of unemployment benefits and tomorrow's non-farm payrolls data will determine the further development direction of the market in the future.After the skyrocketing and plummeting on Monday, the two days began to fluctuate at a low level. On the one hand, it was to repair the oversold graphics, and on the other hand, it was also waiting for Friday's non-farm payrolls data to determine the trend.At present, the data released this week are all in favor of gold, so the probability of gold rebounding is still relatively large.Therefore, under the current downward trend, we can't sell blindly today. We need to observe the resistance of 2035-2040. If we break through this range, gold may reach the vicinity of 2050 again.If you don't know how to trade, join me and let us learn together to improve the success rateGold is unwilling to fall, waiting for the data to be releasedIf you follow my strategy, your success rate today is very highFollow me

Yesterday, ADP employment data was released. The report showed that the number of ADP jobs in the United States increased by 103,000 in November, less than the expected 130,000, and also less than the previous revised value of 106,000.Four consecutive months fell short of expectations, adding new evidence to the cooling of the US labor market.At the same time, wage growth has also cooled further. In November, the wages of those who stayed in the job rose by 5.6% from the same period last year. The growth rate fell for the 14th consecutive month and fell to the weakest growth level since September 2021.Coupled with the announcement on Tuesday that the number of JOLTs job vacancies in October fell sharply by 8.733 million, much lower than the previous value of 9.33 million, these signals of a weak job market are gradually reducing the probability of the Fed raising interest rates.Today's number of unemployment benefits and tomorrow's non-farm payrolls data will determine the further development direction of the market in the future.After the skyrocketing and plummeting on Monday, the two days began to fluctuate at a low level. On the one hand, it was to repair the oversold graphics, and on the other hand, it was also waiting for Friday's non-farm payrolls data to determine the trend.At present, the data released this week are all in favor of gold, so the probability of gold rebounding is still relatively large.Therefore, under the current downward trend, we can't sell blindly today. We need to observe the resistance of 2035-2040. If we break through this range, gold may reach the vicinity of 2050 again.If you don't know how to trade, join me and let us learn together to improve the success rateGold is unwilling to fall, waiting for the data to be releasedIf you follow my strategy, your success rate today is very highFollow me

After the market movements of the market on Monday and Tuesday, the basic state of the strengthening of the US dollar and the weakening of gold has been temporarily determined.The market will next welcome the release of data this week. ADP employment change data will be released on Wednesday, the number of initial jobless claims will be announced on Thursday, and the non-farm payrolls report will be released on Friday.As can be seen from the chart, gold is still in a downward trend. If it falls below yesterday's low, it may reach 1995, focusing on the impact of ADP data in the US market.Yesterday, the range of gold was 2009-2040, and it closed near 2020. Today, it surged again to 2035. It did not break through yesterday's range, so it is still mainly sold today.As long as you follow my trading strategy, your success rate will greatly increaseIf you don't know how to trade, join me and let us learn together to improve the success rateFollow my strategy and your success rate will greatly increaseGold has fallen again, today I have prompted to sell mainly

After the market movements of the market on Monday and Tuesday, the basic state of the strengthening of the US dollar and the weakening of gold has been temporarily determined.The market will next welcome the release of data this week. ADP employment change data will be released on Wednesday, the number of initial jobless claims will be announced on Thursday, and the non-farm payrolls report will be released on Friday.As can be seen from the chart, gold is still in a downward trend. If it falls below yesterday's low, it may reach 1995, focusing on the impact of ADP data in the US market.Yesterday, the range of gold was 2009-2040, and it closed near 2020. Today, it surged again to 2035. It did not break through yesterday's range, so it is still mainly sold today.As long as you follow my trading strategy, your success rate will greatly increaseIf you don't know how to trade, join me and let us learn together to improve the success rateFollow my strategy and your success rate will greatly increaseGold has fallen again, today I have prompted to sell mainly

Yesterday's crazy gold finally calmed down today. Today, the United States will release November's service industry PMI data, as well as JOLTs job vacancy data, which are all very important news. Will it make gold crazy again? Let's continue to see.Yesterday we mentioned that Friday's non-farm payrolls is a time window to determine the future direction of gold. Before Friday, I think there is a greater chance of range fluctuations, but crazy gold cannot be treated with the usual eyes.So we have to follow the trend to trade and trade small lots, so that you will have more room to increase your position.Judging from the chart, gold has fallen below the upward trend, but stopped falling on the VWAP trend line, so today we can observe the range of 2050-2020Aggressive traders can gradually sell above 2040 and gradually increase their positions. The stop loss is set at yesterday's support point of 2055.If you already have a buy order, you need to observe the strength of the support point. If you fall below the support point and are blocked, you should make a stop loss to reduce your loss. As long as you follow my strategy, your success rate will be greatly increased.If you don't know how to trade, join me and let us learn together to improve the success rateCurrently 2020 is temporarily supportedToday we are in the right direction and have now fallen below 2020