Gold rises again and is expected to break out of range

already existing 439 Secondary Reading2020-10-21 10:44

[b]​"Investment is people's expectation of the future of assets",This is Dongsheng Finance[/b]

[b]One day when the sun shines, the clouds set off the white,When will the fallen leaves blow and float red? After entering autumn, the scenery is particularly good. Let's take a look at yesterday's gold trend. After the opening of the market, it briefly fell, and during the Asian session, it reached an intraday low1894The US dollar rebounded to1900Small fluctuations on the first line, with the US market pulling up in the evening due to market news[/b]
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[backcolor=#8db3e2][b]International gold closing quotation yesterday1908.11dollar/Ounces, increase0.24%[/b][/backcolor]
[backcolor=#8db3e2][b]Closing quotation of the US dollar index93.08, decline0.37%[/b][/backcolor]
[b] [/b][hr]


[b]You will be looking at the stimulus plan in the near future and are still in negotiations. Although the negotiations will continue on Wednesday, Thursday is the time for the election debate. What results can you say can be negotiated on Wednesday?[/b]
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[b]Meanwhile, Senate Majority Leader McConnell also issued a warning that the White House should not11month3A large-scale stimulus agreement was reached before the Japanese election, as it could undermine the Senate's plan to confirm the nomination of Justice Barrett next week. Currently, the United States is all about exchange of interests and is itself being backfired by capital[/b]
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[b]Tomorrow's debate will be the last one before the general election, which is worthy of attention. In view of Trump's continuous interruptions last time, this time a mute button is added to ensure that the speech will not be interrupted. In fact, our focus is on the political opinions of each candidate to determine market trends[/b]
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[b]On the other hand, the US federal government requires20Each bank retains enough working capital to support a year to ensure a stable source of funds. I smell the rain coming from the mountains and the wind filling the buildings, which may be the foreshadowing of future tightening by the Federal Reserve[/b]
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[backcolor=#8db3e2][b]International Gold Hour Trend[/b][/backcolor]
[attachment=106487]

[b]Although gold's recent volatility has not been effectively broken through, it fell below the US dollar index this morning93.0At the critical juncture, gold naturally moves upward and breaks through. Focusing on the pressure on gold under the suppression of the general election can be used as a cyclical pressure judgment[/b]
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[b]In terms of one hour, gold continued to rise and fall on the US dollar,kLine at60Above the daily moving average,MAAfter the formation of the golden fork, its trend is also continuing, and the upward pressure is1920On the front line, if making a breakthrough, look down to the next high1933Bling, with his mouth raised,macdThe double track has already arrived0Above the axis, bulls are strong, but now gold will stop rising to a certain high[/b]
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[backcolor=#8db3e2][b]Gold in1920Nearby entry, target1910,1905Stop loss1925[/b][/backcolor]

[b]Author: Dongsheng Finance and Economics[/b]
[b]Writing time:2020/10/21[/b]
[b]The above views are for reference only and do not serve as a basis for firm trading. The article is written by Dongsheng Finance and Economics. If reprinting is required, it must be approved by the author or indicate the source. Reproduction of my article without my consent will result in legal liability being pursued in accordance with the law[/b]
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