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Anhui Xinshitong Commodity Trading Center Anhui Xinshitong Commodity Trading Center Investment Hotline Contact Anhui Xinshitong Commodity Trading Center Professional Anhui Xinshitong Commodity Trading Center Agent Anhui Xinshitong Commodity Trading Center Personal Agent Anhui Xinshitong Commodity Trading Center Company Act as an agent for Anhui Xinshitong Commodity Trading Center to provide professional guidance for Anhui Xinshitong Commodity Trading Center to open an account for free on Monday (Month). At the beginning of the European time zone, spot gold continued the downward trend from last Friday (Month)
The price returned to the bottom , it seems that in the short term it is basically hopeless for bulls to reverse the trend. Moreover, the latest news on this trading day shows that the U.S. Federal Reserve is expected to raise the discount rate tonight, increasing the probability of the U.S. Federal Reserve raising interest rates at its meeting on May 1st. Even if Huangge bottoms out and rebounds, it is only expected to induce bullishness, and the road to bottoming out and rebounding may soon be cut in half.
Last week it maintained a wide range of fluctuations. Although the terrorist incident in Paris, France, pushed gold to bottom out for a time, every time it rose, it was quickly met with selling. Whether it was the gap-high opening on Monday or the continued upward trend on Friday, there was no big gain. , the price of gold weakened again after bottoming out, with the weekly candle closing at five consecutive negative levels. Mainly due to the high-hanging sword of interest rate hikes, the sluggish trend of gold may be the general trend before the interest rate hikes.
The U.S. Federal Reserve may make big moves tonight, and the dollar may never break through.
The Governing Council of the U.S. Federal Reserve System will hold a closed-door meeting today. The only thing that needs to be considered is the Governing Council’s decision on the U.S. Federal Reserve. The priority and discount rates charged by the Reserve Bank.
At the same closed-door meeting held in March, the U.S. Federal Reserve discussed raising the discount rate. An increase in the discount rate will push the dollar higher. One of the regional Feds called for an increase in discount rates. There will be more support from the Federal Reserve for raising interest rates this trading day.
This will imply that the process of normalizing interest rates by the U.S. Federal Reserve has begun, and rising U.S. interest rates will push the dollar higher. One of the regional Feds called for an increase in discount rates. There will be more support from the Federal Reserve for raising interest rates this trading day.
This will imply that the U.S. Federal Reserve interest rate normalization process has begun, and the U.S. Federal Reserve will raise interest rates at its May 1st meeting, triggering a rise in the dollar.
The Governing Council of the U.S. Federal Reserve System will hold a closed-door meeting today. The only thing that needs to be considered is the Governing Council’s decision on the priority interest rate and discount rate charged by the U.S. Federal Reserve Bank.
At the same closed-door meeting held in March, rising discount rates will push the U.S. regulator to release a report on Wednesday saying that after the U.S. Federal Reserve raises interest rates and the U.S. dollar strengthens in the future, gold prices may fall below the U.S. dollar in the first half of next year. mark, which means that gold has returned to a three-digit commodity price
In addition, according to the latest survey released by Bloomberg on Friday (May 2), the U.S. Federal Reserve said in the meeting minutes that it may start next Interest rates will be raised in May, and Luneng is more certain to predict interest rate hikes. Every time the news is almost overwhelmingly negative
The gold and silver market has played a boosting role in the US dollar that has been gathering momentum for a long time. The market is still not optimistic about it. The reason that can support the rise of gold prices is that it falls more.
This time, the downturn in the gold and silver market has exceeded most people's forecasts and expectations. Although there is no definite news to prove that interest rates will be raised in September, this gunpowder-filled atmosphere has also changed the entire market. boiling. The latest news on this trading day is that the U.S. Federal Reserve is expected to raise the discount rate tonight, which raises the possibility of raising interest rates at the meeting. If the predictions come true, gold's decline may be inevitable. Gold prices may have accelerated their decline to levels after breaking below support. If the predictions and expectations are false, gold may start a slight bottoming out and rebound, return to the top again, and may approach resistance.
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