Retail sales are spreading good news Gold bulls have strong power

goldaspect:

Yesterday（7month18The United States announced in the evening6The monthly retail sales rate is displayed as0.2%Lower than expected and previous values0.5%Lido Gold. Combined with the US announcement last week6Monthly Consumer Price Index（CPI）Looking at it, there is an increasing possibility of a higher than expected decline in US inflation and further decline in the future, and speculation about the end of interest rate hikes is naturally more powerful, which is beneficial for bullish gold.

From the current situation, it seems that the US economy is experiencing a "soft landing", while the job market remains strong, and the unemployment rate is approaching historical lows, which may limit the rise of gold prices. Salary growth was higher than before the pandemic, and the Federal Reserve was concerned that household income could lead to long-term high inflation.

Technical aspect: gold ended its adjustment after three days of shock and continued to rise sharply, reaching the highest level so far1984The position of the US dollar. The rise has not yet ended, but the short-term trend or performance may be volatile, and can continue to be mainly low.