Gold market analysis

2022-10-20
critical point
October 20th Today's amplitude range The RMB and British pound dropped significantly, the US dollar was relatively strong, and yesterday's economic data was still strong, which supported the hawkish
2022-10-19
Long-short contention
October 19th Today's amplitude range The gold market is long and short, and without the influence of other important data, the trend of the US dollar has become the thermometer of the gold price, ex
2022-10-18
To rise weak
October 18th Today's amplitude range The British political arena is on the rise, British Prime Minister Zhuo Huisi apologizes, and the new British finance minister Hou Junwei takes office, canceling
2022-10-17
Unable to keep steady
October 17th Today's amplitude range The inflation data has once again affected the market. Although the market expects the Fed to raise interest rates by 75 points in November, it is a foregone con
2022-10-14
Make up after a sharp drop
On October 14 Today's trading range The inflation data moved markets again, with gold recovering from a $40 drop in the consumer price index that was slightly higher than expected to close just $7 l
2022-10-13
Consolidation upward
On October 13 Today's trading range Inflation DATA REMAINS THE FOCUS OF THE MARKET, WITH THE MARKET generally ACCEPTING THAT THE FED WILL RAISE INTEREST RATES by 75 points NEXT month AND THE GOLD ma
2022-10-12
Suppress growth
October 12th Today's amplitude range The International Monetary Fund lowered its global economic growth forecast for next year, which once boosted the attractiveness of gold. However, US Federal Res
2022-10-11
Cross the red line
October 11th Today's amplitude range US President Biden's government announced new sanctions against China, restricting US companies from selling semiconductors, chips and related manufacturing equi
2022-10-10
be short of power
October 10th Today's amplitude range The virus pandemic caused the supply chain to break, but the conflict between China and the United States caused the market to go to China, and the relatively ma
2022-10-07
Wait and see
October 7th Today's amplitude range The data of semi-labor America shows mixed results. The number of floating job vacancies announced on Tuesday recorded the biggest drop in nearly two and a half y
2022-10-06
Restrain
October 6th Today's amplitude range The performance of labor data in the United States is uneven. The number of floating job vacancies announced on Tuesday recorded the biggest drop in nearly two an
2022-10-05
Continue the unilateral road.
October 5th Today's amplitude range Following the deterioration of institute for supply management's manufacturing index released on Monday, the labor data released last night was also lower than th
2022-10-04
Single market
October 4th Today's amplitude range The activity of U.S. manufacturing index contracted, and the market worried about the economic downturn in the United States. The U.S. dollar index fell to 111.6
2022-10-03
50/100
October 3rd Today's amplitude range It is expected that the US interest rate hike cycle in the market will only cut interest rates in 2024. Inflation can't be solved by the central bank's policies a
2022-09-30
Ripple back and forth
September 30th Today's amplitude range Yesterday, some media reported that the People's Bank of China asked a number of state-owned banks to prepare to sell dollars and buy RMB to defend foreign exc
2022-09-29
new situation
September 29th Today's amplitude range On Monday, the pound fell to an all-time low against the US dollar. The Bank of England announced yesterday that it would stabilize the market, buy back long-t
2022-09-28
Wear support
September 28th Today's amplitude range Yesterday, the gold market rebounded after a false breakthrough, but the U.S. data was strong, and the U.S. dollar continued to strengthen in anticipation of i
2022-09-27
false breakthrough
September 27th Today's amplitude range The pound hit a record low, which contributed to the strength of the US dollar, and the yield of two-year government bonds rose to 4.35%, all of which were unf
2022-09-26
Finally cut through
September 26th Today's amplitude range It is expected that the US interest rate hike cycle in the market will only cut interest rates in 2024, and the trend of the US dollar will remain strong, alth
2022-09-23
To find the direction
9月23日 今日波幅區間 縱使多國宣布加息,美元依舊保持強勢,壓制金價向上的動能。日本央行打破損24年以來的沈默,終於出手干預日 元匯價,稍為迫退美元指數衝擊119關口的強勢；日本央行的行動,短期內有機會迫使銀行對借人日元的調期投資 者出現拆倉,但作為負利率的國家,相信日本政府都不能使日元始終保持強勢的。金價連續五日試圖衝擊1680美元 不果,逐漸鞏固該位置底頂倒置的強度；然而1658美