Gold market analysis

Market Analysis

Gold Market Analysis

In-depth exploration of the factors behind gold price fluctuations

2023-01-23
Stupid and eager to work
January 23rd   Today's amplitude range   A number of economic data from the United States show that the economy will slow down, making the trend of the US dollar depressed again. In addition, the coun
2023-01-20
Break this year's high
On January 20th Today's range U.S. economic data pointing to an economic slowdown again depressed the dollar, and the countdown to a potential U.S. government default was nearing its final stages, i
2023-01-19
Wait for low approach
On January 19th Today's range Gold held at the $1,900 level yesterday as hawkish comments from Fed officials weighed on growth. Resistance to the new supply zone is strong and may take some volatili
2023-01-18
Under adjustment
On January 18th Today's range The continued weakness of the yuan, coupled with expectations that European Central Bank interest rates will peak this year, pushed the dollar index back up to 102.5 an
2023-01-17
Traveling shock hook running for breakthrough
January 17th Today's amplitude range The RMB weakened, the US dollar index rebounded, and the trend of the gold market also rose first and then fell. The gold price recovered after hitting the highest
2023-01-16
Big money travel
On January 16th Today's range A resurgent China drove other non-U.S. currencies, with the dollar index falling near $102. In addition, U.S. economic data did not support hawkish policy and Federal R
2023-01-13
Reach the bottom
January 13th Today's amplitude interval The latest consumer price index, which is concerned by the market, recorded its first decline in two and a half years. The data provided room for the Federal
2023-01-12
Heheguoguo
January 12th Today's amplitude range The market is concerned about the consumer price index released tonight, and investors expect that the figure will drop somewhat. If this is the case, the pressu
2023-01-11
Reaching the peak
January 11th Today's amplitude range The market paid close attention to the speech of Fed Chairman Powell last night, but he did not make any comments on the federal funds rate. The market was reliev
2023-01-10
Consume halberd
January 10th Today's amplitude range The renminbi continued its upward trend, and the price of gold rose. The price of gold tried to reach $1,880 yesterday, and the highest price rose to $1,881.6 be
2023-01-09
Try high again.
January 9th Today's amplitude range The US labor data is good, showing that the labor market is tight, but the salary survey has unexpectedly dropped, which is conducive to alleviating the Fed's exp
2023-01-06
Soft feet
On January 6th Today's range Gold retracted near 1860 on fears of a more aggressive Fed rate hike after good U.S. labor data showed a tight labor market, pushing up wages and supporting inflation. G
2023-01-05
See high pressure for half a year
January 5th Today's amplitude range The RMB continues to rise, approaching the high level since August last year, indicating that funds are reinvested in China, and there is just a need for RMB. The
2023-01-04
Unilateral rise
January 4th Today's amplitude range The gold market got off to a good start in 2023, and started to fluctuate after 120% flag last year. By yesterday, it finally broke through the long-term supply a
2023-01-03
High impact
January 3rd Today's amplitude range Russia's war in Ukraine has pushed up global inflation, and the Federal Reserve will still maintain the policy of raising interest rates this year, so as to avoid
2022-12-30
Long and short contend
December 30th Today's range The 10-year Treasury yield softened and gold rallied on labor data in line with market expectations and hopes of a soft landing for the U.S. economy Recovery on Wednesda
2022-12-29
flounder
December 29th Today's range Us 10-year Treasury yields rose, the gold market yesterday fell below $1800, but the low support, back to $1800 above the market, struggling in the third In the 100 and
2022-12-28
try rush
December 28th Today's range U.S. home prices fell for a fourth straight month in October as the wealth effect from rising housing assets cooled, helping to keep a lid on rising prices and easing the
2022-12-27
Recovery decline
December 27th Today's range The dollar index took a hit last week when the Bank of Japan surprised currency markets by allowing it to raise its yield target, Governor Kuroda said Haruhiko has vowed
2022-12-23
Try 1784 support again
On December 23rd Today's range Gold was hit by a rally in the U.S. dollar index on strong U.S. economic data and lingering concerns about the Federal Reserve's interest rate hike. Gold tried $1,784