Today, we have emphasized the criticality of the data in the U.S. market. The initial data in the U.S. market and the annual rate of GDP are negative across the board, indicating that the current U.S. economy is still relatively strong, which further improves the Fed’s confidence in raising interest rates in the market outlook. In the white market, we gave a long-term idea around 1954-55 and successfully rebounded to around 1964, but the tension is limited and there is no better opportunity to enter short positions. Because of the uncertainty of the evening data, there may be a situation where the data is directly above 1960. After the data, it will rush down and then go down. It is a sign of a bottom rebound, so only when the 1950 position is broken does it give us the confidence to directly follow up the short order.
When the key support level of 1952-50 is broken, the U.S. market today has a chance to rebound and must continue to participate in empty orders, and the best empty order at present is the 1952-53 line. This point is an opportunity to rebound many times in the early stage, and it will become a key pressure point after breaking the current position, and with the bright performance of the evening data, the downward channel of the gold price outlook may be further opened, and there is a chance to fall below 1933-20 of.
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