A person's life is long and short. Whether it is a slow walk or a rush to catch up with it in a hurry, time always passes by inadvertently. Gradually, you will find that it is better to maintain expectations and longing for life than to worry too much~
Today is the last trading day of this week. The market is about to close the html January line , and the US August PCE inflation data will also be announced. Some extreme market conditions may come to the market today. However, whether the decline in gold prices or the increase in the week is actually taking shape.
After all, the market expects that the US PCE inflation data in August will record growth. In the environment where the Federal Reserve continues to tighten loose policies, inflation will not fall but rise. This will form a positive appearance in the short term and will also prompt gold prices to rise. In this way, it is not difficult to understand why gold can bottom out and rebound within the week.
However, from a medium- and long-term perspective, inflation continues to be high, which will prompt the Federal Reserve to continue to maintain hawkish arguments. The market may also highlight the probability expectation of interest rate hikes 75 or 100 basis points in the next interest rate resolution. interest rate hikes are expected to suppress gold prices! Once inflation begins to decline, the negative behavior of gold will be more thorough. At that time, gold may get rid of the influence of the US dollar and form a unilateral decline.
Domestic gold should not continue to fluctuate, and it is expected to follow International gold to form a decline. Therefore, during the recent live broadcast period, we basically recommend that the domestic light position be short above 390, and leave room to replenish positions. If you make a profit, give out a few dollars first and then take it back.
For the international market, our long and short trading is underway. Yesterday, the gold price fell to around 1642 and was supported, which is in line with the expectations in . The gold price reached this point and hit a higher point in the next week. The price came to around 1665. In view of the current market situation, I am more inclined to cause gold to maintain a volatile range to consolidate at night.
Because the market fluctuates during the week, it has digested the impact of inflation. Therefore, intraday trading, in the short term, you need to pay attention to the suppression of US$1672 and US$1678 above, and pay attention to the support of 1653 and 1645 below. Mainstream emotional fluctuations may come to the market next week. After all, the market in October is the fourth quarter.
I think the market in the fourth quarter is only extreme and more extreme! Intraday short-term trading is mainly flexible and flexible, and try to expand profits while ensuring the safety of position . I wish you all a happy National Day in advance!
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-