Gold bulls can soar to new highs

Telah dikemas kini
Yesterday Wednesday morning, gold opened near 2410, the opening shock down near 2407 to stop into the shock, long and short in 2410-2407 after a saw-saw a wave of low near 2403 to stop rising through 2410, the highest to 2412 line once again ushered in a low 2404, but unfortunately, the short did not open down, Instead, it is ushered in a bull counterattack to break 2420, as of the eve of the European trading, gold is also the highest rose to 2423 line to usher in a stop. During the European trading session, gold climbed further higher near 2425 and ushered in a halt to fall 2415, unfortunately, the bears did not have further lower momentum, long and short is therefore Mired in the range of 2422-2417 oscillations, in this sense, the market volatility is also Mired in bleak. And the United States trading period, the gold shock since 2417 ushered in a bull outbreak to pull up near 2429 ushered in a halt to fall, gold is therefore a flash down near 2419, followed by gold shock, until the midnight interest rate resolution and Powell speech, gold only ushered in a further climb, gold is therefore a surge to break 2430-2440, The highest level reached 2450, and finally gold closed at around 2447.
- Can gold bulls hit new highs? Powell releases pigeons, can gold still top? -
So for yesterday, Wednesday operation I also said.2420-2430 short, this is not much of a problem, and ADP data although the judgment is bearish is also a reversal, but the fact is, ADP more gold in the case, the market has no volatility, this point, the market is waiting for midnight Fed dynamics to choose the direction. So for the Fed's interest rate resolution and Powell's speech last night, I expected to be biased toward the eagle, but unexpectedly, Powell is the opposite of the dove, which also let me be caught off guard. Of course, in fact, it is not that the absolute pigeon is loud, relatively, as always likes to play tai Chi Powell, but also for the future market buried a lot of fodding, this point, you for the future market, also need to be careful. Of course, for the moment, after Powell's speech, the market is also waiting for a further outbreak of non-agriculture tomorrow, and, in the case of gold, which is currently at a high level, there may be a further baptism, which you need to be cautious about.
So for last night, what did Powell say and what impact will that have on gold? First of all, for last night, Powell revealed that there are Federal Reserve officials support radical adjustment of interest rate policy last night, which undoubtedly intensified the market's bet on interest rate cuts, especially Powell said that inflation is no longer the focus of the Federal Reserve data, now the Federal Reserve is more concerned about the labor force and unemployment rate data. And also said that more will choose to consider whether to adjust the interest rate policy in September, that is to say, the market is currently focusing on Friday's non-farm employment data report and unemployment data, once the US labor force performance has slowed down slightly, then the September rate cut or will be a certainty, and considering the market institutions. Maybe the gold market may also face the possibility of further washing, this, you need to be careful about it.
So, for today, on the basis of Powell's pigeons, can gold bulls usher in an outbreak of pull up? First of all, although it is said that Powell's pigeons are helping gold bulls, but you do not forget that gold has stopped rising since 2353, itself is the existence of the market to Powell's speech to put pigeons bet, and gold has risen 2450 since 2353, bulls have also erupted nearly 100 points, this wave of bullish impact is actually digested in advance, and to tell the truth, Even if there is the impact of interest rate cuts, gold is not so able to rise, if not for the two days of geopolitical risk to stimulate further support for gold bulls, gold is estimated to be unable to overcome even 2440, so in this case, I personally believe that bulls are currently facing exhaustion, and, can currently lead to interest rate cuts landing there are surprises, if the non-agricultural market on Friday is bearish, Then it will also reflect the strong labor market in the United States, which will lead to the occurrence of bull flight, which, for the current time, you are still cautious about it.
So for today, in the morning, gold has been blocked from opening 2450 back to 2444 and has climbed, but generally speaking, gold is currently in the vicinity of 2450, in this case, I still reiterate the view of bearish peak, at present, although the bulls are strong, but more, I think the bulls are dying, For this pull up, although it will stimulate the market to buy further sought after, but the relative, will also trigger the market institutions harvest opportunities, for the current, I personally think that the gold stage reached the top, if you have the opportunity or batch layout of the long-term empty single defense. Above, 2460 can not break the preliminary layout, and further defend 2470-2480 to find the opportunity to layout. Below do more need to wait for 2420-2400 not to break again to participate, of course, for today, make up to exclude the possibility of further exposure to market control baptism, you remember to pay attention to random response.
Dagangan aktif
Buy gold here can make money this week is non-farm week do not blindly trade burn your account contact me I will help you get super profit
Dagangan aktif
Fear the market, strict discipline! Investment experience: first big after small, first long after short, know the mistake is not afraid of wrong, endure loneliness, keep the opportunity! Operation method: cheetah-style opportunity focus, like the wall grass to follow the trend!
Chart PatternsgoldmansachsgoldpricegoldtradingstrategygolfdTechnical IndicatorsWave Analysis

Penafian