#美国就业数据表现强劲超出预期 November CPI data has finally been released. Year-over-year growth is 2.7%, and core CPI excluding food and energy is 2.6% — this result is a bit off from market expectations.

Looking at the reaction of gold prices, market participants are quite optimistic about gold now. Prices are fluctuating around the 4335 level, and in the short term, the downward momentum is indeed easing. But don’t get too excited too early; in the medium term, it’s still exploring within a relatively narrow range.

The key is what will happen next. After the short-term sentiment is released, the market may calm down for a while, and this adjustment process shouldn’t last too long. If it can break through the resistance around 4340-4350, the trend is likely to continue upward. We’ll just have to watch the upcoming data and policy signals. $BTC $ETH