Gold market analysis

2023-06-06
up down pattern
June 6th. Today's amplitude interval The US President signed a bill to suspend the debt ceiling, and the problem of US debt default came to an end temporarily. Investors re-focus on the Fed's backwa
2023-06-05
Get rid of the decline?
June 5th. Today's amplitude interval The debt ceiling, which the market is extremely concerned about, was finally passed by 63 votes to 36 votes in the US Senate in a drastic way, and the White Hous
2023-06-02
Get rid of the decline
June 2 nd Today's amplitude interval The US House of Representatives passed the bill to suspend the debt ceiling with 314 votes in favor. Because the Senate is controlled by the Democratic Party, it
2023-06-01
Pressure to raise interest rates slows down.
June 1st. Today's amplitude interval The market is waiting for the result of the vote on the US debt ceiling. On the other hand, Federal Reserve officials Ehak and Jefferson said at the same time ye
2023-05-31
wave
May 31st. Today's amplitude interval The US debt ceiling has basically reached an agreement, and the market is concerned about whether the bill can be successfully passed in a tight time. The price
2023-05-30
Double kill
May 30th. Today's amplitude interval The US debt ceiling has basically reached an agreement, but there is still instability due to quality. According to market reports, there are still core figures
2023-05-29
Waiting for the right shoulder
May 29 Today's amplitude interval The United States basically reached an agreement on the debt ceiling, and the market paid attention to the Fed's backward direction. Several Fed showed a hard stanc
2023-05-26
Continue to search for the bottom
May 26th Today's amplitude interval The United States has the opportunity to reach an agreement on the debt ceiling before the end of this week. In addition, the first quarter GDP of the United Stat
2023-05-25
Test the bottom
May 25th Today's amplitude interval The U.S. debt ceiling problem has not been resolved, and the market is beginning to be annoyed by the news. In addition, the minutes of the May meeting of the Res
2023-05-24
Get rid of the decline
May 24 th Today's amplitude interval The U.S. debt ceiling problem has not been solved, and the market is beginning to be bothered by the news. In fact, the price of gold fell below the $2,000 mark
2023-05-23
Narrow range fluctuation
May 23 rd Today's amplitude interval The problem of the US debt ceiling continues to plague the market. Opposition leader McCarthy said that a debt agreement must be reached this week, extending the
2023-05-22
Undercurrent
May 22nd Today's amplitude interval The debt ceiling problem in the United States continues to develop in a positive direction. Opposition leader McCarthy said that the debt ceiling bill could be ra
2023-05-19
gamble rebound
May 19th Today's amplitude interval The debt ceiling problem in the United States continues to develop in a positive direction. Opposition leader McCarthy said that the debt ceiling bill can be rais
2023-05-18
Flag tip
May 18th Today's amplitude interval The US debt ceiling problem was successfully defused, and the safe-haven function of gold plummeted. US President Biden and opposition leader McCarthy negotiated
2023-05-17
Fall into the demand area
May 17th Today's amplitude interval The chances of avoiding debt default in the United States have increased, coupled with strong economic data, the US dollar index has risen above 102.5, and the go
2023-05-16
Being consolidated
May 16th Today's amplitude interval The US debt default remains a threat to the market, and many Fed officials show hawkish stance, but it is not expected that the Fed will pass the next two interes
2023-05-15
Test the bottom
May 15th Today's amplitude interval American debt default is imminent, which poses a threat to the future of the United States. The collapse of local small and medium-sized banks in the United State
2023-05-12
Torsional upswing
May 12th Today's amplitude interval Federal Reserve Voter Kashkali said that if inflation remains high, it is necessary to maintain high interest rates for a longer period of time, and the US dollar
2023-05-11
Keep the trend
May 11th Today's amplitude interval Last night, the United States released the overall and core inflation data for April. The latest annual figures show that inflation has cooled moderately, but cor
2023-05-10
Cup handle
May 10th. Today's amplitude interval The bad relations between China and Canada, and the imminent US debt default, contributed to the upward trend of the gold market, and the price of gold returned