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On November 26 local time, United States President Trump declared that if the Electoral College voted for Democratic presidential candidate Biden, he would leave the White House. Before this, Trump has always questioned Biden’s victory, and his fierce rhetoric has made the market worry about whether he can step down according to normal procedures. However, the current stalemate has improved. The uncertainty about the future presidential position of the United States has been further resolved, and active safe-haven gold has been suppressed. At 1:31 p.m. Beijing time on Friday (November 27), spot gold fell short-term. Nearly US $ 6, as low as US $ 1802.69 / ounce, short-term spot silver fell more than US $ 0.1 to US $ 23.09 / ounce. After 15 minutes, gold and silver quickly showed a “V” shaped reversal. Gold rebounded quickly above 1810.38 and rose again for the day; silver also rebounded, now at $ 23.24 an ounce, and the intraday decline slowed to 0.34%.
Fundamental news
Trump is no longer fighting! Said “I’ll be leaving when the Electoral College voted for Biden”
US President Trump said on Thursday (November 26) that if the Electoral College votes for Democratic presidential candidate Biden, he will leave the White House.
Trump said that if the Electoral College proves that Biden is the winner of the election, he will leave the White House. This is your statement closest to the award. The next president will be sworn in on January 20. The Electoral College is scheduled to meet on December 14.
Trump made the remarks after giving a traditional Thanksgiving speech to American soldiers at the White House.
Indeed, Biden’s victory has become a reality, but Trump is unwilling to admit that he has lost. The American people have long accepted the fact that Biden won.
America’s “Newsweek” reported on the 25th that “Donald Trump is losing thousands of Twitter followers after the election failure.”
“Newsweek” said that this week, Trump “fans” on Twitter are losing every day. Since November 22, more than 46,000 Twitter users have “taken off” Trump.
“It now appears that some of his more than 88 million Twitter ‘fans’ may have been enough, because his number of ‘fans’ has dropped for four consecutive days,” the report said, according to statistics and social media tracking analysis. . According to data from the US website “Social Blade”, on November 24 the number of “fans” on Trump’s Twitter account decreased by 12,476; on November 23 it decreased by 5979; on November 22, it decreased by 19,164.
According to Newsweek, Trump’s days in the White House have not been long after he was “defeated” by his opponent Biden, but he continues to spread misinformation about the elections on Twitter, and this information has also provoked people. Speculation: After Trump leaves office, his Twitter account will be quickly restricted.
While following Trump’s Twitter, Newsweek also compared Biden’s account.
“In contrast, while Biden’s 19.8 million ‘fans’ are still far behind Trump, Biden’s Twitter growth (‘fans’) appears to be accelerating,” the report said, according to “Social Prospects.” According to the data, on the day that Newsweek published this report (local time number 25), Biden’s Twitter account received the attention of more than 130,000 new “fans.”
Currently, the number of “fans” on Trump’s Twitter account is 88.862 million, and the number of “fans” on Biden’s Twitter account is 19.922 million.
Gold technical analysis
Since the 4-hour chart, the EMA 50 indicator has formed a bearish pressure on the price of gold. Since the outlook for gold remains bearish, the first gold price target is $ 1,794.84 an ounce. If it falls below this level, it will open the way for the price of gold to fall to the next target of $ 1,765.00 an ounce. Gold prices remain below US $ 1,819.00 / ounce and US $ 1,830.00 / ounce are key conditions to continue bearish expectations. Gold prices remain below US $ 1,819.00 / ounce and US $ 1,830.00 / ounce are key conditions to continue bearish expectations.
Affected by the Thanksgiving holiday in the United States, the market is trading lightly. Today there is less data to publish. Beware of amplifying market fluctuations!
[Datos financieros y eventos en los que centrarse hoy]Friday, November 27, 2020(US stocks, CME and some contracts under ICE closed early)
① 3:45 PM French CPI monthly rate for November
② 15:45 The final value of the annual rate of GDP for the third quarter of France
③ 18:00 Final value of the consumer confidence index of the euro zone in November
④ 18:00 Industrial and Economic Prosperity Index of the Euro Zone in November
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