Weekly

July 25th

Today's amplitude range

The gold market is in a weak position. Last Friday's analysis showed that last week's strategy of pushing the market to open positions below $1,700 was not optimistic about the market outlook, but speculation in the announcement of the European Central Bank.

Raising interest rates is expected to bring down the US dollar index for a short time and increase the chances of gold price rising. In fact, the profit target has been achieved, and readers who are not open positions should not be too aggressive. It's Mei's turn this week.

When the Federal Reserve announced the interest rate increase, the gold market was bound to be under pressure, and it was bound to repeatedly test the support of $1,822. Today's suggested volatility is $1,710 to $1,728.

The Hang Seng Index ended its two-week losing streak and rose 311 points this week. On the occasion of the collective failure of the owners of uncompleted residential flats in the Mainland, it is reported that the mainland authorities are studying to stop the building due to the uncompleted residential flats.

Buyers who pay back their mortgages provide a buffer period to ease the risk of the explosion of their premises spreading to other banks; The mainland tried to dismantle the bomb for the unfinished building to prevent the damage to the financial market.

Harm, coupled with the decline in the yield of 10-year U.S. Treasury bonds, U.S. stocks rose for three consecutive days, which contributed to the rebound of the Hang Seng Index. In a week, the Hang Seng Index rose by 1.53% and finally closed at 20,609 points.

Gazprom issued a message last week, saying that due to special circumstances, the supply of natural gas could not be guaranteed, and it received such a "threatening" message before the coming of winter.

Europe's fear of fuel shortage has been aggravated, but yesterday, the market reported that Russia's gas pipeline "Beixi No.1" will resume gas supply to Europe on Thursday as originally planned.

Transport. Stimulate the market atmosphere, even if the European Central Bank unexpectedly announced a 0.5% interest rate increase last Thursday, it will not prevent the three major European stock markets from rising continuously. In a week, Germany DAX

The index rose by 3.02%; Paris CAC index rose by 3%; Britain's FTSE 100 index rose by 1.64%.

Entering the announcement period of American performance, many large enterprises announced their satisfactory performance. They were worried that the worsening inflation and the sharp interest rate increase of the Federal Reserve would affect their enterprises.

Profitable performance; However, the fact proves that this is not the case. The market atmosphere has become positive. In addition, the European Central Bank has raised interest rates by 0.5% and the yield of 10-year U.S. Treasury bonds has dropped, which also helps the U.S. stock market.

Yes, the three major Wall Street indexes rebounded last week, and the Dow Jones index rose by 1.95%; The S&P 500 index rose 2.48%; The Nasdaq Composite Index rose 3.45%.

The European Central Bank announced last Thursday that it would raise interest rates by half a percentage point. European Central Bank President Lagarde said that inflation in Europe continued to rise and had to raise interest rates by 0.5%. In addition, she also said that earlier she

The forward-looking guideline for September's interest rate hike means gradual interest rate hike, which is no longer applicable. Later, Lagarde said in an interview with the media that the European Central Bank will continue to raise interest rates until inflation falls back to

2% target level. The European Central Bank's "unexpected" interest rate hike briefly suppressed the strength of the US dollar, while the yield of US 10-year Treasury bonds also dropped to 2.7%. The bulls took the opportunity to fight back.

The lowest gold price was $1,681, the highest gold price was $1,739.4, and finally closed at $1,727.7. After a week's summary, the gold price rose by $20.3.

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