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Spot gold prices fell in the short term (1/2)



⭐️ Watch for Tuesday evening data:
The U.S. Labor Cost Index was quarter-on-quarter for the third quarter.
Nine points of the U.S. FHFA home price index for August.
Nine points of the U.S. S&P/CS20 large city home price index annual rate in August.
9:45 Chicago PMI for October.
Ten points of the Chinese Chamber of Commerce Consumer Confidence Index in October.

⭐️ Technical analysis
Gold prices closed in the negative line on Monday, or running above the middle band line, and now the Bollinger bands are narrowing, gold prices may have a new direction to choose, but now the overall trend line still maintains an upward pattern.

Spot Gold:
1. The intraday Asian market 1991-1986 is not broken and bullish.
2. The Asian market 2003-2006 is bearish if it is not broken.
3. The U.S. market fluctuates differently and has different strategies.

(For reference only, at your own risk)
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