Gold Digger Old Cat: Gold Strengthens as Expected, Long Positions as Main Strategy, Short Positions as Auxiliary
Today's market review shows that last night's predicted target of 4520-4550 has been perfectly achieved. Spot gold continued to rise after market opening, currently quoted at 4541.23, up 31.30 dollars from yesterday's closing price, with a gain of 0.69%. The highest level touched 4544.98, and the bullish trend completely met expectations.
From a news perspective, market expectations for an early Fed rate cut continue to ferment, combined with further decline in US inflation data, wh
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