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Qingdao International Nonferrous Metals Trading Center Tel QQ: Recruiting members to open an account for investment and high rebate Qingdao International Platform Information: Last Friday, affected by B’s re-investigation of the Hillary email case, the price of gold rose sharply, driven by risk aversion. However, although the media reported that the investigation was restarted, in fact, such investigations have never stopped, so it is normal for new information to be discovered and the investigation process to be initiated.
The most important thing is that there is currently no evidence that Hillary has done anything illegal. Although this kind of news is indeed very exciting, the gold price will probably face a fall at the beginning of the week. You can wait for the gold price to fall back and buy on dips.
The Federal Reserve will announce its monthly interest rate decision in the early morning of Thursday (July 2), Beijing time (U.S. local time). This is only one day ahead of the U.S. election on July 2. Taking into account the uncertainty of the U.S. presidential election, the interest rate hike will have a negative impact. The resistance and price index and other U.S. economic data are performing well. The Federal Reserve is likely to stay on hold this week. Therefore, the only and most likely possibility is to choose to raise interest rates at the interest rate meeting in March.
Gold's daily line rebounded from near the low to near the highest test, then fell back slightly and is now temporarily oscillating above. The daily line has not shown a sharp rise or fall trend. The recent trend of gold has been relatively flat. The overall trend is more volatile. Although the oscillations for many consecutive days have broken the range, they have only changed from one range to another. Currently, the gold below is considered to be support and the top is considered to be range-bound. From an hourly perspective, the market is showing a rising and falling trend. The moving averages are arranged in a long position. The market still needs to fall back, but due to the lack of potential energy guidance, there will not be much space below. In the short term, the market will remain within this range and wait for guidance from non-farm payrolls and other risk events. Initial resistance is in the area and initial support is in the area.
Qingdao International Nonferrous Metals National Investment Promotion Hotline: QQ welcomes friends from inside and outside the industry to consult.
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