This week, after the gold price rose to around 2047, the two-day downward adjustment**, and the gold price rose again last night. And this morning broke the existing ** range, after breaking through 2047, the morning came to 2054 high point, ** this wave of strong breakthrough, mainly affected by last night's data, especially the United States real GDP in the third quarter annualized quarterly final value of 49%, less than the expected 520%, and then, the dollar index continued its weak** trend, boosting ** the upside, and it continued into this morning. So, can this morning rally continue?Let's focus on it.
Recently, the most talked about is the topic of whether the Federal Reserve will cut interest rates in the future, in fact, the market has given a clear response, we have seen before, a number of hawkish speeches, although **to**have the impact of downward adjustment, but, did not affect the general direction**trend, yesterday my**also emphasized,**this wave will be to 2060, currently close at hand, and today will be upward challenge 2070 are possible, so,**general direction** The trend will still hold, but don't rush to chase it and wait for the right position.
There is a blockbuster data to be released tonight, that is, the core PCE price index in the United States for November, this data is more concerned by the Federal Reserve, it is one of the core indicators to measure inflation, and these data are also clues for the market to study the Fed's policy trends. Currently look at 33% of the expectation, if it is lower than expected, ** may take the opportunity to rise to a new high, before the data is not announced, today's intraday fluctuations should not be too large, after waiting for the data to land, ** will quickly complete the upward pull.
Then, today's idea is very clear, the bullish trend is unchanged, but also pay attention to the intraday intraday changes, in the world, we focus on the gains and losses of the support level near 2036, this position is also the low point before the early hours of last night, if today's downward adjustment falls below this position, then, the end of this time, will continue to trend, however, before the break, it is expected that the trend will continue to rise.