Gold market analysis

Market Analysis

Gold Market Analysis

In-depth exploration of the factors behind gold price fluctuations

2023-08-08
refuse to give in
August 8 th Today's amplitude interval New york Fed President William Williams delivered a speech, saying that the possibility of cutting interest rates in early 2024 will not be ruled out, but it w
2023-08-07
Awkward position
August 7th Today's amplitude interval The US labor data is uneven, and the market hopes that the Fed will have the opportunity to turn pigeons. However, Fitch downgraded the US credit rating, causin
2023-08-04
The market bottom is still weak
August 4 th Today's amplitude interval The gold market lacks direction, and investors wait for the non-agricultural figures tonight before judging the direction of entering the market. The price of
2023-08-03
Lack of support
August 3 th Today's amplitude interval The price of gold fell below the rising track established in June, and failed to hold $1,942, forming a bottom-top reversal, and the trend remained weak for th
2023-08-02
Risk-taking support
August 2 th Today's amplitude interval The World Gold Council issued a report, saying that due to the slowdown in the purchasing pace of central banks, it is expected that the global gold demand wil
2023-08-01
Under consolidation
August 1th Today's amplitude interval The gold market continued to consolidate. Yesterday, the US exchange weakened, and the price of gold was first low and then high. The price of gold remained abo
2023-07-31
Can't get out of the supply area
July 31st. Today's amplitude interval The US economy may have a soft landing, but the market is still worried that the recent strong economic data will force the Federal Reserve to raise interest ra
2023-07-28
Obvious compression
July 28th Today's amplitude interval The United States announced that the GDP in the second quarter was better than expected, and the labor data that supported the high inflation data in the United
2023-07-27
Challenge the monthly high again
July 27th Today's amplitude interval Midland once again announced a 25-point rate hike this morning, a 22-year high. Federal Reserve Chairman Powell hinted that he would consider further tightening
2023-07-26
Guidelines for waiting to raise interest rates
July 26th Today's amplitude interval China will adjust its monetary policy to stimulate domestic demand. Mainland banks will sell dollars, and the dollar will be under pressure in the early stage. T
2023-07-25
Step by step test support
July 25th Today's amplitude interval The purchasing managers' index of manufacturing industry in July released by the United States last week was better than market expectations, and the US dollar i
2023-07-24
Fall back into the shock zone
July 24th Today's amplitude interval The United States announced that the number of people applying for unemployment benefits for the first time last week decreased by 9,000 to 228,000, less than th
2023-07-21
Test support point
July 21th. Today's amplitude interval The United States announced yesterday that the number of people applying for unemployment benefits for the first time last week decreased by 9,000 to 228,000, l
2023-07-20
High consolidation
July 20 th Today's amplitude interval The year-end inflation rate in the UK was significantly lower than expected, and the pound fell against the US dollar, helping the US dollar index to return to
2023-07-19
Next supply zone pressure
July 19th Today's amplitude interval The US retail data was worse than expected, and investors expected that the recent weak economic data was lagging behind, which began to reflect the Fed's tighte
2023-07-18
Narrow decline
July 18th Today's amplitude interval The gold market has been struggling for a long time and failed to get out of the restricted area. The price of gold temporarily had great resistance at $1,970, b
2023-07-17
Supply area
July 17th Today's amplitude interval Inflation in the United States continues to cool down, and the market is looking forward to the end of the Fed's austerity policy this year. On Friday, the consu
2023-07-14
Supply area
July 14th Today's amplitude interval Although the call for the Federal Reserve to raise interest rates by 0.25% in July is still high, inflation in the United States continues to cool down, followin
2023-07-13
Break the position
July 13th Today's amplitude interval Although the call for the Fed to raise interest rates by 0.25% in July is still very high, investors see that the inflation data released last night has cooled d
2023-07-12
First goal
July 12th Today's amplitude interval Although the call for the Fed to raise interest rates in July is still high, investors expect the Fed to complete its interest rate hike cycle as soon as this ye