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The January CPI data released the day before yesterday didn't bring any surprises, maintaining expectations of interest rate cuts. Gold #我在Gate广场过新年 strengthened accordingly, with COMEX gold closing yesterday at $5063, fully filling the downside gap. The trend of the European and American markets next Monday and Tuesday will be very important, as it will determine whether gold continues to rise in the short term 📈.
I previously opened long positions in gold, closing 90% near 5100~5200. A couple of days ago, after the price dropped, I added a bit more to my gold longs. Are we on the same boat??? $XAU $ETH