Economic data are on the weak side, and the gold shock is on the strong side

Mondo Education Updated on 2024-01-31

【Today's Pick】

Hamas and Jihad refused to relinquish control of the Gaza Strip in exchange for a long-term ceasefireA senior Iranian adviser was killed in an airstrike Iran Raisi: Israel will "pay the price".

Explore further lifting or relaxing restrictions on Hong Kong and Macao investors

It is rumored that NetEase and Blizzard have "reunited" after a year

JD.com will sell Tesla cars?Tesla-related sources denied it

[Market Inventory].Monday, due to the Christmas holidayU.S. dollar indexU.S. TreasuriesIn stock**In stock**wti**Brent**U.S. stocksEuropean stocksHong Kong stocksThe market is closed for one day.

In stock**

Gold aspect:

Last Friday (December 22), it was announced that the annual rate of the core PCE price index in the United States was 32%, down from 33% and 3 of the previous value4%;At the same time, the U.S. core PCE price index for November was released at a monthly rate of 0.1%, which is lower than the market expectation of 02%, indicating that the U.S. inflation has fallen significantly, which is expected to push up the Fed's expectations and will be good for gold prices in the short term.

The U.S. recorded a monthly rate of 0 per capita in November2%, less than 03%。Data shows a marked decline in U.S. personal spending. The data shows that the previous sharp interest rate hike cycle of the US Federal Reserve is limiting the growth of the US economy, and once the US economic growth slows down or even falls into recession, then there is a chance for gold prices to rise.

Technical:

On the weekly line, last week's ** upward and sunny line showed that the bulls were stronger. On the daily line, ** is shaking upwards along the 20-day moving average, and it is expected to continue in the short term. During the day, the focus is on the first-line pressure of $2078 above, and the first-line support of $2040 below.

The foreign exchange market is risky

Proceed with caution

The above is only a personal opinion and should not be used as a basis for operation.

Related Pages