Unemployment data is coming tonight, and the market is about to welcome key fluctuations.
To be announced today:
• Initial jobless claims in the U.S. for the week ending December 6 (in ten thousand)
• U.S. wholesale sales month-on-month for September
Overall expectations are slightly positive for gold prices. Additionally, the U.S. dollar index has already reversed the rebounds from previous days and is turning down again, making it highly likely for gold prices to rebound in the short term.
The operational strategy remains clear: primarily focus on buying low.
When prices fall to support levels, it's a good opportunity to enter the market and go long again.
If fans still have short positions, it's recommended to exit near the cost area first, as the current market is mainly fluctuating without a clear direction.
Once the trend establishes itself, Uncle Cat will promptly notify everyone to enter the market and build positions.
Don't rush, don't panic, don't chase direction.
Being steady might actually earn you more.
