Zhongzhi Xinde Bank Commodity Consulting Investment Hotline Online Recruitment Agency Commission Daily Rebate Retail Account Opening Rebate Rebate Timely The market continued its trend during the non-agricultural period after the U.S. employment index was announced to be far worse than expected, but the subsequent speech by Federal Reserve Chairman Yellen restrained the dollar's continued decline. Yellen mentioned: The monthly employment data is disappointing and worrying, but we cannot over-interpret a single data. She also emphasized that the positive factors in the economy outweigh the negative factors and she is optimistic. Regarding the issue of raising interest rates, Federal Reserve Chairman Yellen still did not give an exact time, but pointed out that the current interest rate level is low and the Federal Reserve will continue to respond to economic data.
< < < The Fed’s interest rate hike continues to be hyped and the meeting will be held next week, which will set off a heat wave in the market. This week, the market will continue to speculate on interest rate hikes and trading will be more cautious. After all, there is a high possibility of raising interest rates or not. The Fed's interest rate meeting will be followed by the Brexit referendum, which is undoubtedly another unexpected point in the market trend. The pound has continued to fluctuate widely recently.
< < < Technical analysis:
< < Gold will continue to maintain a high range and fluctuate in the short term. The current range is - after next week’s Federal Reserve meeting, gold will still remain low and the long-term thinking will affect gold. The trend will not be too big mainly because expectations of U.S. interest rate hikes have been fully digested. Subsequently, once the British pound leaves the European Union, gold will start to have a safe-haven effect, not to mention that gold will also rise without leaving the European Union. Therefore, continue to be long gold at low levels. Hang up today. Go long and stop loss and take profit.
International spot gold rose slightly in the Asian market and fell back on Monday (Monday). The European market basically maintained a narrow range of fluctuations and remained above the US dollar/ounce. It fluctuated slightly and the US market rose slightly. Although the upward momentum has weakened, it can be seen that yesterday’s price was good. The impact of Lun's speech on gold prices is not very obvious. At present, it is still oscillating slightly above the US dollar/ounce. The hourly level and hourly level indicators need to be adjusted, so today's Asian market should still have little fluctuation, with the adjustment indicators as the main focus. The short-term trend is mostly high and low and long. The upper target is US$/ounce, but it is not expected to break through if it hits the first time.
Gold operation suggestions:
Upper resistance:,
Lower support:,,
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