We know that Japan is the only country among developed countries that still implements negative interest rates. In the past two years, the Federal Reserve has continuously raised interest rates, and the Japanese yen exchange rate has continued to depreciate. The USD/JPY has reached a historical high of 151. If it continues to break through, 170 will not be a...
Yesterday, on Monday, gold prices fell back from their highs and entered a narrow range, switching between the upper and lower $10 range around the 2000 mark. Prices accelerated last Friday to 2010 and have remained at high levels since then. On Monday this week, the price suppressed 2007 and fell back to the 1990 area to find support, and then rebounded...
The current market conditions, like the weather, are unpredictable, sometimes hot and cold. Isn't this the current market situation? In the same market, different people react differently, and everyone expresses his or her own opinion in the chaos, and both are right and wrong. Gold began to bottom out at 1810 on non-agricultural night and rose strongly,...
Everything is within my analysis. Yesterday, the 2000 mark that everyone was optimistic about successfully broke through and stabilized. Many more factors remain affected by tensions. Recently, wars have continued in some areas, and risk aversion sentiment in gold prices has increased again. Presumably, gold prices will stabilize this time. After hitting the...
Friday is here again, and a very important data will be released today - US core PCE in September. However, it is not important to say it is important, because the answer is already known. Last week, Powell revealed that the annual rate was 3.7%, so we will see The market expectation is also 3.7%, which is basically no suspense. But the monthly rate and...
The recent geopolitical situation in the financial market is still dominant, and even the surge in the US dollar cannot effectively suppress gold. Wednesday’s Palestinian-Israeli news directly affected the rise and fall of gold. It was reported that Israel postponed a comprehensive ground offensive, and gold’s safe haven subsided and fell sharply to 1962....
I remind you that the European market is already at the current price of 1970, prompting you to go long, and the current price layout, reject the nonsense! Gold starts to rise first, continue to hold long orders! Just wait for the US market to rise. The current trend of gold is oscillation, maintaining between the upper and lower 4-hour Bollinger Band! Now...
After gold opened lower in early trading, it bottomed out again and rebounded. The trend is slowly rising. After covering the gap in the morning, gold is temporarily expected to fluctuate first. The current price of gold is directly short at 1982. If it falls back, it will go long if it does not break the 1965 support. Gold fluctuated back and forth today,...
The oscillation continues upward! Under the tense situation, the only thing worth paying attention to is the safe-haven property of gold, which happens to be an important factor in the unilateral rise of gold prices this week. Today, gold's safe-haven properties still cannot fade in the short term, and these factors will be reflected in Monday's market. A high...
The United States has twice vetoed the UN ceasefire agreement on the Palestinian-Israeli war. It seems that no matter how excited the discussion in the group is, the group leader still has the final say! Since the outbreak of the Israeli-Palestinian war on October 7, doctors in Palestinian schools have been attacked. U.S. President Biden personally visited...
There is a long and beautiful road in the world, called dreams, and a very high and hard wall, called reality. Climbing over that wall is called persistence, and tearing down that wall is called breakthrough. On the road of life, what we break is not reality, but our thoughts and our own concepts. On the track of life, defeating the opponent is only the winner...
Gold rose violently on Friday, passed five levels and defeated six generals, and finally broke through the suppression! If the upward trend continues, then continue to operate with the trend next week! Rely on the integer mark of 1900 to continue to be bullish and go long! Judging from the news, the Palestinian-Israeli conflict continues to intensify, and...
Gold is still on an upward trend, and it continues to reach new highs! There are still data released in the US market, and now we are still waiting for the pullback to continue! Next, wait for the opportunity to adjust! With the strong upward trend of gold, do not go short against the trend, but continue to go long with the trend to the end! Gold has now...
In terms of gold, gold was consolidating around the low level below 1830 in early October. It has been weakly consolidating for a long time without breaking the low, and the four-hour indicator has broken the low and the price has diverged. Therefore, counter-pushing adjustments are imperative, especially the non-agricultural data released last Friday. In...
Gold's upward trend remains unchanged, the European market 1860 once again decisively entered the market, and now profits are running! The European market maintains its bullish thinking, and there will be new highs next! The upward trend and the pullback are all opportunities to go long! And after the adjustments on Monday and Tuesday, there is a high...
Once war breaks out, gold will rise. Can this risk aversion completely bring gold bulls out of the quagmire of decline? Heading towards 1900, 2000, or even a new all-time high? The last time gold was affected by geopolitical risks was on February 24 last year, when conflict broke out between Ukraine and Russia. The price of gold rose from 1900 to 2070, an...
Focus on gold, which has a long shadow this week and technically has a rebound demand. The support below is around this week's low of 1810. The strong support is still the 1793 line we talked about yesterday. You can go long no matter when it is touched. The upper resistance is near this week's high of 1849. Once the market effectively breaks through 1849,...
Judging from the current operation, gold is patiently held with long orders near 1815. In the evening, the number of jobs in the non-agricultural market is expected to be less than 180,000 compared with the previous value, and the unemployment rate has dropped slightly to 3.7%. If the U.S. Dollar Index approaches its current all-time highs, the data will...