Gold Spot / U.S. Dollar
Long
Updated

Analysis of gold trading next week

352
snapshot

The key data to be paid attention to next week include the Chicago PMI for May in the United States, the changes in API and EIA crude oil in the United States, the May CPI in the eurozone, the changes in ADP employment in the United States in May, and the non-farm payrolls and unemployment rates in the United States in May.

On June 2, the United States will announce the May non-farm payrolls and unemployment rate. The market expects non-farm payrolls to increase by 180,000 in May, which is lower than the previous value of 253,000.The market expects the US unemployment rate to be 3.5% in May, slightly higher than the previous value of 3.4%.From the current point of view, next week's non-farm payrolls may benefit more gold

This week, gold continued to fluctuate and fall, but the rate of decline began to slow down. Judging from the current time period, it is expected that there will be complex shocks at the low level in the future, and such shocks are expected to see the 31st. Next week, focus on the 31st turning point, and then see the 2nd.And in June, I think there will be a big explosive market in gold, focusing on the two positions of 1934 and 1986.

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In the next week, we will continue to pay attention to the results of the debt ceiling negotiations, and once again look for accurate trading opportunities to obtain greater profits. Have a nice weekend, everyone.
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