【Today’s cake and gold】
"cake"
Yesterday, I reminded that the short risk has not been released. It fell below 25K in the evening. Today, we will focus on the gains and losses of 25.3K. If it is recovered, it will continue to fluctuate. If it breaks below, it will start a slow decline.
Because the current liquidity is not strong, the probability of a sharp decline is small, and more of a shock bottom.
Tomorrow Wednesday’s CPI data, the following will focus on whether there is a short-term rebound at the support of 24500 and 23700
In terms of operation, short-term positions remain in line with the trend, and medium- and long-term bulls continue to wait for more obvious signals to the right.
"gold"
The next day, it was determined that the beginning of the week would fluctuate around the 1930-1915 range, with an average stop profit of 1918 and 1930 shorts.
Yesterday, 1930 was under pressure and the daily line closed the cross star. The price remained above the daily mid-track support of 1915. Then it will continue to fluctuate today and wait for tomorrow's CPI data to break through the range. If it breaks above 1930, it can reach 1938-1952, and if it breaks below 1915, it can reach 1938-1952. Around 1895
The U.S. index hit a high and bottom and turned into a sideways support at 104.4. If it breaks below, it will start a callback and stimulate a rebound in gold. You can wait for the data to be released.