Gold and inflation data…end of recession? Or more negativity? | Investing.com

US inflation data is out today [ مؤشر أسعار المستهلكين العام والأساسي ] Which the Fed considers the most important for the next steps in reducing interest rates, equal to labor market data, according to Jerome Powell‘s statements in his recent press conference.

Although “Powell” recently said that the Fed will not act if inflation data is released high for two consecutive months… However, the markets do not seem to be taking to those statements so sure … ” as the president of America.

“Jerome Powell” said that the Fed expects bumps in the path of inflation… so they will not rush to respond to the data… the markets.

In less than 5 days, it lost 20% of the gains it achieved over 365 days… as prices rose almost 1000 from 10/2023 all the way to the historical peak on 10/2024… has rapidly lost $200 over the past few days.

Despite this decline … prices still appear to be on the hot plate … and are poised for a price move of $40-60 during today’s trading, regardless of whether ‘ continuation of the decline … … so today is still one of the highest risk trading days for traders.

What are the conditions? Inflation data today?
Who are the details for? General inflation and Core inflation ?
What is the best option for Daily estimate ?
What is the best option for Investing and saving In gold?
What about the main price levels for Prices Gold?
What about the most important economic news and the expected impact on… Gold prices ?
How about technical analysis for Gold prices ?

You can find all the details in a short and useful way in the video below.

We will follow you about the price change in the upcoming articles, and for faster and more continuous updates, you can follow
My account on the X platform [تويتر]
@GhaithAbohlal
Where you can interact through comments at any time

Note in the margin of the article:

. Trading markets are constantly changing in their direction, and depend on a lot of data and news, as well as major banks and market makers who often drive the market, even against reality and logic sometimes.
. The above comments and opinions are a summary of the analysis, and they are not direct recommendations, but advice to followers, including that no one can continuously profit receive from trading activity, even large investors.
. Therefore, we always try to reduce losses and increase profits according to the analysis and insight of the price trading method, by using many integrated and different research methods to try to get the most results better reach.
. We must work hard, and God is the Giver of success.