For today's gold, keep the low-long thinking unchanged, and define last night's high and fall first as a spatial correction in the rising process. After the support is determined by the fall back, it will continue to climb upward. Gold is in the 1960 area today, long orders are entering.
Federal Reserve Chairman Powell made hawkish remarks: Speaking at an expert meeting of the International Monetary Fund, Federal Reserve Chairman Powell said that it is too early for the Federal Reserve to announce an end to the historic interest rate hikes of the past two years. Under appropriate circumstances, it will There will be no hesitation in further...
Federal Reserve Chairman Jerome Powell spoke on Wednesday and did not comment on monetary policy or the economic outlook. Powell will continue to make remarks on Thursday. If he continues to express the same view as at the October interest rate meeting - that high interest rates will be maintained for a long time, then gold may continue to be under...
Gold has continued to fall recently, hitting its lowest level in more than three weeks. Several Federal Reserve officials have warned against betting that the central bank will not raise interest rates again, and the weakening demand for gold as a safe haven has also put pressure on gold prices. Today's analysis shows that 1930 is an important support area for...
Gold prices remain in the 1950 area, and the precious metal is experiencing a negative tone, which may be affected by Fed officials' resistance to interest rate cuts. After gold prices touched above 2,000 in early November, there were continuous corrections. In terms of strength, short sellers gradually exerted their strength. In the mid-term, it is subjectively...
Crude oil fell below the support of 80.00. The current crude oil market is a unilateral falling market. Do not speculate on the bottom, and do not intercept the long position. A small rebound is a small short, a big rebound is a big short. Crude oil has fallen sharply and there is no bottom. Today's crude oil can continue to be short as early as 78.00. .
As market risk appetite improved and the U.S. dollar rebounded, spot gold suffered a heavy setback on Monday and fell to the 1970 area. It has clearly entered a downward trend. There is no opportunity to enter the market for shorting due to the negative decline in early trading. Then wait for the rebound and then go short. Wait for the rebound to be in the...
Gold has had an impressive performance since October's volatile lows, rising just shy of 11%, but has given up some of its gains recently as the precious metal appears less sensitive to ongoing conflict in the Middle East. Today, focus on the 1973-1955 area, where there are opportunities for both bulls and bears.
Although there are international calls for a ceasefire and the US dollar is strengthening, gold prices are still rising strongly. Geopolitical concerns will not disappear in the short term, which will continue to support gold prices. Gold is still bullish today. Pay attention to the resistance level 1997 2008 area.
As the intensification of conflicts in the Middle East boosted demand for safe havens, gold prices continued their gains. Since Hamas' sudden attack on Israel earlier this month, gold prices have risen by about 5%. The price of gold has risen strongly since the beginning of today's trading and is close to the waiting target price of US$1945.20 per ounce....
Gold has just experienced a short-term decline after the United States released CPI and initial jobless claims data. Previously, many traders were waiting for opportunities. My analysis is that gold can continue to go long in the 1870 area after rebounding and falling.
Spot gold maintained its strong upward trend during the day. The price of gold currently stands at US$1,873 per ounce, rising by more than US$15 during the day. The recent dovish change in the attitude of Federal Reserve policymakers has caused a correction in the US dollar and US bond yields, thus benefiting the trend of gold prices. The chance of the Federal...
Hello everyone, the U.S. dollar index has experienced a short-term decline recently and has now fallen to around 105. 70. A weaker dollar exchange rate has a positive impact on gold prices. It was mentioned yesterday that if the gold price breaks through 1865, it will trigger a new round of rise. It is currently trading in the 1868 area, which keeps the bullish...
After yesterday's sharp rise, gold is trading around $1,860 and is currently consolidating at this high level. The dovish comments of the Federal Reserve have suppressed the recent sharp rise in the dollar and U.S. bond yields, which has given the market a chance to breathe. It can be seen from the trend chart that if gold prices break through the 1865 area above,...
Gold has continued to rise since the opening yesterday (Monday), and it has been consistent with my prediction yesterday. It has exceeded 1860, and the price of gold has risen by nearly 30 US dollars. The war between Israel and Hamas has shocked the market, and this war may spread further throughout the Middle East. Risks are also rising, demand for safe havens is...
A new round of military conflict broke out between Israel and Palestine last weekend. This incident had a major impact on the financial market on Monday. The price of gold once jumped short and opened higher. The price of gold is currently trading around US$1,850 per ounce, while US stock index futures suffered a heavy fall. In fact, the U.S. dollar has recently...
Although gold had negative data yesterday, the market did not continue to reach new lows. If it is no longer weak, it will turn stronger. Today, gold is still bullish at a low level. It can be seen from the trend that it has been declining before, and the strength of the rebound is very small. Every rebound encounters resistance. Then it started to fall. Today's...
On Monday (October 9), GBP/USD closed at 1.2236, basically the same as last Friday's closing price, but the intraday low fell back to 1.2161. Although the market still predicts that the Bank of England will not raise interest rates further, data and events released in the UK last week may affect market expectations. Whether we can continue to raise interest rates...