Key indicators of changes in market sentiment on Wednesday also included a report of a decline in the number of people applying for unemployment benefits, which hit a five-week low of 209,000 (lower than the expected 225,000), indicating a tightening labor market.In addition, the University of Michigan's inflation expectations report is even worse. The report emphasizes that consumers expect the inflation rate to be about 3.2% in the next five years, and U.S. consumers still believe that the inflation outlook is higher.This forecast is closely watched because it may affect the Fed's interest rate decision and reflects people's continued concerns about inflation if expectations continue to be high.On Thursday and Friday, Thanksgiving Day in the United States, the US market will be closed early
Gold reached its highest level in 2006 yesterday, and has not broken through 2008 for 4 consecutive times, so it can be judged that the resistance here in 2008 is very strong.
As can be seen from the chart, the volatility range of gold is getting smaller and smaller
A series of economic data released yesterday is the Lido dollar index. The US index has risen from 103 to 104.2. It is possible to reach the bottom. As a reverse indicator of gold, it is not conducive to the continued rise of gold.
So as long as gold rebounds above 2000, you can still choose to sell. You need to observe the support strength of 1985-1987 and strictly do a good stop loss, so that your success rate will be greatly increased.
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Trade active:
Today's volatility is too small
Trade active:
The volatility is too small, waiting for the opportunity
Trade active
Trade active
