Zhuoyuan 12.19 Gold Morning Review

Yesterday, Zhuoyuan's public bullish strategy was once again realized! Yesterday, we bought at 4317 and at the lowest point of 4310 dollars! How accurate it is, everyone can see for themselves! Gold's lowest point yesterday was a pullback to 4308.8 dollars, and we accurately bought at 4310, hitting the intraday lowest point directly! The earliest layout in the entire market, placing orders saves worry and effort! A sniper-like operation.

The U.S. November seasonally adjusted core CPI year-on-year is 2.6%, a new low since March 2021, paving the way for interest rate cuts; the European Central Bank maintains interest rates unchanged, and officials say the rate cut cycle may end; the Bank of England cuts rates by 25 basis points to 3.75%, with the governor indicating that future rate cuts will slow down.

Today, the Bank of Japan's interest rate decision is awaited, with market expectations for a rate hike and rates exceeding 0.5% for the first time in 20 years; at 23:00 tonight, we will see the final value of the University of Michigan consumer confidence index for December, the final value of the one-year inflation rate expectation for December, and the annualized total number of existing home sales for November.

The market needs to be alert for a rhythm switch: the recent trend pattern is a downward fluctuation during the day and a rally in the latter half of the U.S. trading session. Once this rhythm changes, it is a signal for a market shift, especially since today is Friday, increasing the volatility risk. In the intraday short term, we first look at a small range, locking in 4310-4350 on the hourly level, and buying low and selling high within this range during the day. On the four-hour cycle, the lower support is at 4290, while the middle support is at 4320.

Buy gold near 4290-4305. Target 4320-4350; if it fails to continue, continue to short with a light position.

The above analysis is Zhuoyuan's personal analysis; investment carries risks, and everything is subject to actual trading $BTC $ETH #美国非农数据超预期