Xauusd:The U.S. may raise interest rates again

Kashkari, chairman of the famous hawkish Minneapolis Fed: If necessary, the Fed will take more measures on interest rates. The FOMC did not discuss the content of interest rate cuts.

Dovish representative Chicago Fed Chairman Goolsbee: If long-term Treasury yields remain at a high level, it is likely to be equivalent to tightening policy. The first task to change the interest rate stance is the progress of inflation.

The two relatively neutral ones are also very tough. Fed Governor Bowman: Further interest rate increases are still expected.Dallas Fed Chairman Logan: Inflation is still too high, and the data seems to be moving in the direction of 3% instead of 2%.

Judging from the voices within the Fed, it does not support the current view that the market expects to cut interest rates soon. Once this deviation is repaired, asset prices will also face significant fluctuations.

Today we want to focus on the speech of Fed Chairman Powell. If he sticks to his speech on the interest rate resolution last week, it will be another blow to the market.

Gold fell unilaterally yesterday, and the Asian and European markets once fell to 1957. After that, with the opening of the US market, the market flipped, and the closing basically held the position of 1970.

Judging from the daily line, yesterday's decline was not large, and in the end it did not fall below the important boundary point of 1953.

We need to pay attention to the upper resistance point range:
1981-1986
1972-1978
Pay attention to the range of support points below:
1960-1965
1953-1957

n trading, it is recommended that everyone pay attention to the opportunity to sell after the rebound, such as the resistance area above, which would be a good choice.

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Gold was supported again in 1959, and now the support below has moved up

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Gold is the same as I thought, it is currently supported by 1950

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The support of 1950 is very strong, and it still hasn't broken below

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The downward trend is more obvious