This week's gold profit target is $45, now you are able to clearly find that we have currently made $37 profit in just two days, but today's super market market market, we are about to cut the perfect profit again.
European market analysis:
Gold remains confined to the $2010-$1970 range that has formed since late April. Investors await new clues from major central banks - especially the Federal Reserve - on their monetary policy outlook. Fed Chairman Jerome Powell is likely to issue neutral guidance on the outlook for interest rates. If the Fed statement takes a cautious stance, this could weaken the dollar and ultimately boost gold prices, which will have plenty of upside, and underlying physical demand will continue to be strongly supported by seemingly relentless bids from central banks in emerging economies. However, given that major central banks dare not easily suspend interest rate hikes in the face of high inflation, the pace of gold price rally is restrained, which in turn shows a range-bound oscillation pattern.
Today's focus on 2000-2005 up, 2030-2040 back down to go down.