Gold market analysis

2023-08-29
shake
August 29 Today's amplitude interval      This week is the American Super Data Week, and a number of important data will be announced soon, including the core consumer price index of the United State
2023-08-28
Key 200 days line
August 28th Today's amplitude interval      The economic data in the Mainland is now in a weak trend, and the deflation trend is obvious. The most serious thing is that in order to stimulate the econ
2023-08-25
Find a new direction
August 25th Today's amplitude interval      Investors pay attention to the speech made by US Federal Reserve Chairman Powell at the annual meeting of global central banks in Jackson Hole tonight, and
2023-08-24
Unilateral rise
August 24th Today's amplitude interval      Investors pay attention to the speech of US Federal Reserve Chairman Powell at the annual meeting of global central banks in Jackson Hole on Friday, seekin
2023-08-23
Long-short struggle
August 23 th Today's amplitude interval      Investors pay attention to the speech of US Federal Reserve Chairman Powell at the annual meeting of global central banks in Jackson Hole on Friday, seeki
2023-08-22
Repeated rise
August 22 th Today's amplitude interval      The news that China Evergrande filed for bankruptcy protection in the United States made the market more suspicious of the economic prospects of China peo
2023-08-21
Hopeful rebound
August 21th. Today's amplitude interval      The renminbi continued to weaken, relatively supporting the strength of the US dollar. The Federal Reserve announced the minutes of the July meeting. Most
2023-08-18
Four-losing streak
August 18th Today's amplitude interval      The People's Bank of China instructed mainland financial institutions to defend the RMB exchange rate at a reasonable level, but the RMB eventually fell, p
2023-08-17
Go down with the tide
August 17th Today's amplitude interval      China's economic data continued to weaken, and the renminbi accelerated its decline against the US dollar. In addition, the minutes of the Federal Reserve'
2023-08-16
wear down fall
August 16th Today's amplitude interval      China's economic data continued to weaken, the RMB fell against the US dollar at an accelerated pace, and the latest retail sales data in the United States
2023-08-15
Psychological barrier
August 15th Today's amplitude interval      The US dollar remained strong yesterday, the US dollar index rose above 103 points, the price of gold fell under pressure, and bears continued to dominate
2023-08-14
200day Average line
August 14th Today's amplitude interval      The inflation data in the United States is uneven, and the inflation data has dropped slightly year by year, but the producer price index is still higher t
2023-08-11
refuse to give in
August 11th Today's amplitude interval The US inflation data, which had been waiting for many days, was revealed last night. The data was lower than market expectations. At one time, the price of go
2023-08-10
Repeated decline
August 10th. Today's amplitude interval The market is observing the US inflation data released today. Although the US dollar index fell slightly yesterday, it basically remained strong, while the go
2023-08-09
The weakness remains
August 9 th Today's amplitude interval The US dollar remained strong, and the European and American banking stocks were washed out, which triggered an overall decline in European and American stock
2023-08-08
refuse to give in
August 8 th Today's amplitude interval New york Fed President William Williams delivered a speech, saying that the possibility of cutting interest rates in early 2024 will not be ruled out, but it w
2023-08-07
Awkward position
August 7th Today's amplitude interval The US labor data is uneven, and the market hopes that the Fed will have the opportunity to turn pigeons. However, Fitch downgraded the US credit rating, causin
2023-08-04
The market bottom is still weak
August 4 th Today's amplitude interval The gold market lacks direction, and investors wait for the non-agricultural figures tonight before judging the direction of entering the market. The price of
2023-08-03
Lack of support
August 3 th Today's amplitude interval The price of gold fell below the rising track established in June, and failed to hold $1,942, forming a bottom-top reversal, and the trend remained weak for th
2023-08-02
Risk-taking support
August 2 th Today's amplitude interval The World Gold Council issued a report, saying that due to the slowdown in the purchasing pace of central banks, it is expected that the global gold demand wil