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.
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