The Asian session falls, the European session continues, and a rebound in the U.S. session means go short.
Today’s market is well suited to this rule of thumb, but don’t blindly follow it in your trading today either.
The seasonally adjusted September CPI annual rate will be released at 8:30 tonight. Based on the forecast data, the probability is relatively high that the release will be bullish for the U.S. dollar and bearish for non-U.S. products. If the bearish impact has been priced in ahead of the release, watch the resistance at 4150 above, with 4180 as the extreme level. If 4180 is decisively broken, don’t stubbornly remain bearish! #黄金 #伦敦金 $XAUUSD ‌

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The U.S. September CPI data will be released at 20:30 Beijing time on October 14. As important data ahead of the Federal Reserve’s October interest rate meeting, the market will closely watch its impact on rate-cut expectations.
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1️⃣ Do you think the September CPI will come in above or below expectations?
2️⃣ How will the financial markets react after the CPI is released?
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