Xauusd:Will it break through 2000?
The annualization of the total number of new housing starts in the United States and the total number of construction permits announced on Friday have shown a strong rebound. We all know the stimulating effect of real estate on economic growth. The continued rise in real estate data will also push up the prices of raw materials, home improvement appliances and other commodities, which will make the US inflation data appear resilient to stop falling.
On this point, Chicago Fed Chairman Goolsbee (2023 FOMC Voting Committee) pointed out in his speech: the housing price sub-item in the inflation data is a key indicator.
But gold did not break through the key point of 1995
Because it's still an upward trend, you can still wait for key support points to buy
Observe the resistance of 1995
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Trade active:
Break through 1995 and observe the resistance of the previous high
Trade active
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