OANDA:XAUUSD   Gold Spot / U.S. Dollar
1. The second risk price moved up to 1764, the daily line and the hour line did not form a resonance, and in principle no strategy was generated. Observation is required.
2. The first risk price and the structure point of the daily line form a resonance, and in principle, a long trading strategy is still established. However, due to the upward movement of the second risk price, the space between the first risk price and the second risk price is more than 50 US dollars, which is not conducive to the entry of small funds in principle. And bulls are not the trend I want in the first place. Therefore, the pending order at the first risk level is cancelled.
3. Gold on the daily line has the simplest continuity for four consecutive days. Gold continues to attack upwards in the early trading. Continuity continues. The intraday long-short basic judgment has changed to 1758.5.
4. As for whether Pelosi's visit to Taiwan will cause a military conflict between China and the United States, I am not sure at this stage to judge. However, judging from the trend of asset prices, there was a relatively obvious decline in the Shanghai Stock Exchange in the morning, and short-term panic exists. Assuming that if Pelosi's visit to Taiwan causes a geopolitical conflict, it will exacerbate concerns about the supply chain at this stage. In other words, it will accelerate expectations for short-term inflation levels and further support short-term gold prices. Even so, it depends on how things develop to judge whether inflation is short-term or long-term. this point is very important. To sum up, the focus is still on the expected changes in the level of lateral and short-term inflation. That is, the change in the real interest rate at the shortest end.
5. Gold volatility rose slightly.

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