January 30th
Today's amplitude interval
The gold price rose for six weeks in a row, and the trend was well
supported at $1,900. It also slowly moved the support level up to
$1,920, a weekly chart fo
January 27th
Today's range
Gold had a bearish session near $1,950 as profit-taking drove prices
lower. With the dollar index above 102 and gold testing $1,920 for the
third straight day, this positi
On January 26th
Today's range
Gold is still in turmoil, hitting new highs for the year while slowly
moving from support at $1,900 to $1,920. Bull targets point to 2000,
but there is still pressure a
January 25th
Today's amplitude range
The US purchasing managers' index exceeded the market expectations,
and the market's expectations for the continued interest rate increase
of the Federal Reserve B
On January 24th
Today's range
The US leading index showed for the fifth month in a row that the
economy is going backwards. Although the January figure showed an
improvement over December, it was st
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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