Following the Federal Reserve's expected 25 basis point rate cut and the release of November non-farm payroll data, today the US market once again received November CPI data. Inflation data can be said to have an influence comparable to non-farm payrolls and will directly impact subsequent monetary policy decisions. Therefore, market attention will be quite high. Before the data is announced, it is likely that the market will remain cautious, and overall trading during the day may also be cautious. In the previous trading day, gold experienced an initial rebound around 4326, fluctuated and fell back to around 4311 to stabilize and rebound, then rose again to around 4342 before facing resistance and quickly dropped to around 4306, stabilized, and rebounded again. The first rebound in the evening reached around 4343, then quickly retreated to around 4322, rose again to a high of 4348, then quickly retreated to around 4320. The short position at the 4348 level we shared with everyone was also the perfect entry point at the highest point. Although the daily chart shows six consecutive bullish days, indicating some strength, the volatility is stronger, so the trading approach should continue to be cautious and adaptable, capturing both long and short opportunities!

Intraday trading strategy:
  Sell at 4348 with a stop at 4358, target 4320-4300
  Buy at 4265 with a stop at 4255, target 4290-4320

I am A-yao. I hope everyone can gain insights and reflections from my articles! A small boat drifting in the sea—if you don't set sail, you'll be forever adrift in the ocean. Only the current price can truly safeguard your journey.