At the end of 2023, ** will stand on 2100 for the first time in history, making history!On December 4, the one-hour chart of Lingfeng **APP showed that the international ** touched a maximum of 2144 US dollars per ounce, **jumped by more than 100 US dollars, and set a new record high!
Lingfeng ***app-**1 hour chart.
During the non-agricultural week in December, the international gold price hit a new high, which aroused the market's keen attention. At press time, gold prices have temporarily stabilized around 2085, which is still an all-time high. In this regard, Lingfeng*** analysis pointed out that this wave of rally seems to be sudden, but it is actually a long-brewing eruption.
At present, the global geopolitical situation is heating up and the war is rekindled, which seems crazy, but in fact there are traces to follow: the cooling of inflation in the United States earlier, the orderly slowdown in employment, and the market's crazy trading to cut interest rates ahead of schedule are the three main reasons for this wave.
On the one hand, with the US PCE data for October rising at an annual rate of just 3%, the lowest since March 2021, the data sparked a frenzied rally in the market trading early rate cuts. In the last week of November, ** quickly broke through the 2000 mark with the momentum of Lianyang, which has already laid the groundwork for this outbreak.
On the other hand, traders are frantically betting on early rate cuts, which provides the main "fuel" for pushing for a breakout of historical extremes. In his latest speech, Powell claimed that the Fed would be cautious, saying that the risk of an economic slowdown due to excessive rate hikes and a surge in inflation due to insufficient rate hikes has been balanced, and his speech in Atlanta suggested that the Fed may have finished raising interest rates.
As a result, the market landscape has fundamentally shifted, from whether the Fed will raise interest rates to betting on when it will cut interest rates. U.S. inflation has fallen, 5The Fed's interest rate of 5% is clearly too high, and a precautionary rate cut may be inevitable.
In addition, the upcoming non-farm payrolls this week is also one of the triggers for sharp fluctuations. Similar to the cooling of inflation, what the Fed is happy to see is an "orderly cooling of the labor market" may have already been achieved. It is reported that the expected value of non-farm payrolls in November is only 1750,000, slightly higher than the previous value of 150,000;The unemployment rate is expected to be the same as the previous value, with a high of 39%。
On the contrary, at the time of the current sharp surge, if the non-agricultural data is abnormal, the market is cold, and the gold price is high, the bears may be expected to usher in a wave of excellent layout opportunities
The last non-farm payrolls data in 2023 is the biggest suspense for the next trend. After the bulls go crazy, will the bears buck the trend?From 21:00 to 22:30 on Friday night, Lingfeng will usher in a non-agricultural live lecture
Lingfeng *** Friday 21:30 non-agricultural lecture hall.
* The fundamentals are booming, so that **after breaking a new high, there is no cliff**, but dominated by bulls and stabilized at a high level. **Investment once again shows his extraordinary charm, 12 years of investment pioneer Lingfeng platform will continue to pay attention to market changes, every day from 9 a.m. to 24 p.m. famous teachers in-depth analysis of the disk, to help investors seize market trading opportunities at any time.