The market’s getting interesting lately—the rate cut expectations have shot up to 90%. Everyone’s eyes are on the PCE price data coming out tonight, since that will basically signal what the Fed’s next move might be.
🚨 What’s interesting is that gold is stuck hovering around 4200, obviously waiting for a signal. At this rate, once the PCE data is released, combined with the current wave of rate cut expectations, price fluctuations in both precious metals and risk assets will probably follow these two variables in the short term. ‼️
To put it simply, tonight’s data could directly set the tone for the market rhythm for the next while—definitely something to watch.
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PhantomMiner
· 12-05 05:09
There’s a 90% expectation of a rate cut, but tonight’s PCE is the hurdle. Gold is stuck at 4200, so it looks like we’ll have to wait for a signal before making a move.
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MaticHoleFiller
· 12-05 05:07
A 90% rate cut, right? Then let's see how the PCE plays out tonight.
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AlwaysAnon
· 12-05 05:05
Another data day—nobody move until the PCE comes out.
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InscriptionGriller
· 12-05 04:49
90% rate cut expectation? Heh, the retail investors have already given in, just waiting for the Fed to come and harvest this round. If the PCE data isn’t bearish, gold will break 4200 directly; if they continue to inject liquidity... the seasoned players know the drill, risk assets will soar again.
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The market’s getting interesting lately—the rate cut expectations have shot up to 90%. Everyone’s eyes are on the PCE price data coming out tonight, since that will basically signal what the Fed’s next move might be.
🚨 What’s interesting is that gold is stuck hovering around 4200, obviously waiting for a signal. At this rate, once the PCE data is released, combined with the current wave of rate cut expectations, price fluctuations in both precious metals and risk assets will probably follow these two variables in the short term. ‼️
To put it simply, tonight’s data could directly set the tone for the market rhythm for the next while—definitely something to watch.