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Tonight, U.S. data explosion! Gold bulls are winning big!
The U.S. data at 8:30 PM tonight directly delivered a huge gift to the gold market!
Initial jobless claims are 219,000, higher than the expected 210,000, and the previous value was 203,000, which is bullish for gold and silver!
February core PCE price index annual rate is 3%, in line with expectations, clearly signaling inflation cooling down!
February personal spending monthly rate is 0.4%, lower than the expected 0.5%, indicating consumer momentum is slowing!
Q4 GDP annualized rate is 0.5%, below the expected 0.7%, U.S. economic growth has been downgraded!
A series of weak data releases have piled up, pushing the Fed's rate cut expectations to the max! The dollar is under pressure, and gold bulls are set for an epic tailwind!
The market has already voted with its feet, and gold is surging accordingly. For those riding tonight's trend, you've already secured solid gains!
Trading depends on sensitivity to data and judgment of market trends.
Every data release is an opportunity for wealth redistribution.
Will you choose to wait and miss out, or seize the precise opportunity?