Big gold volatility is coming
Updated
The US CPI data for May is expected to have a significant impact on the Fed's interest rate decision. If the inflation data exceeds expectations, it may increase expectations that the Fed will delay rate cuts, which will put pressure on gold prices. Conversely, if the inflation data is lower than expected, it may provide support for gold prices. Gold ETFs provide a convenient way to invest in the gold market, allowing investors to participate in the market by purchasing shares without directly holding physical gold. This highly liquid investment vehicle allows investors to easily buy or sell ETFs without worrying about transporting or storing the metal. However, investors should also note that ETF inflows are not directly equivalent to physical gold holdings, and in some cases, obtaining physical gold may be difficult or delayed. The market generally expects the Fed to keep interest rates unchanged, but the focus is on the Fed's forecast for the future path of interest rates. Fed Chairman Powell's speech will provide the market with clues on future monetary policy.
Today, gold will have both long and short positions, but the market is more inclined to fall. The short-term focus on the upper side is the 2320-2325 line of resistance, and the short-term focus on the lower side is the 2286-2280 line of support
Today, gold will have both long and short positions, but the market is more inclined to fall. The short-term focus on the upper side is the 2320-2325 line of resistance, and the short-term focus on the lower side is the 2286-2280 line of support
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Going long on gold, I made a profit of 230 points, which is a very good profit. If you are still losing money, please contact me as soon as possible.Trade active
Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meTrade active
Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meTrade active
Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meTrade active
Hope it helps youTrade active
Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
Trade active
Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Trade active
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