Group 1 - The core consumer price index (CPI) in the U.S. fell to its lowest level since early 2021, with both overall CPI and core CPI declining, although economists warn that the recent government shutdown may distort the data released by the Bureau of Labor Statistics (BLS) [1] - Market expectations for a rate cut by the Federal Reserve on January 28 remain at 24%, with investors anticipating a total of 60 basis points of cuts over the next year, the first of which is expected in June [1] - Key U.S. economic data to watch includes the core personal consumption expenditures (PCE) price index and the final consumer sentiment index from the University of Michigan [1] Group 2 - Analyst Felix from FPG notes that the rapid decline in inflation reduces the appeal of purchasing inflation hedges, leading to a weaker performance in gold, which is traditionally seen as a hedge against inflation [2] - Analyst Chad observes that gold prices are in a consolidation phase, failing to break the previous high of $4,381 per ounce, with a potential support level at $4,300 per ounce; a drop below this could lead to further declines towards $4,250 and $4,200 per ounce [2] - The daily chart for gold (XAUUSD) indicates a bearish trend, with resistance levels at 4,323, 4,337, and 4,347, and support levels at 4,306, 4,292, and 4,280 [3] Group 3 - The daily chart for the euro against the dollar (EURUSD) also shows a bearish trend, with resistance levels at 1.1728, 1.1736, and 1.1745, and support levels at 1.1709, 1.1698, and 1.1685 [4] - Key economic indicators to watch today include the UK CBI retail sales balance, Canadian retail sales month-on-month for October, and the final consumer sentiment index from the University of Michigan [4]