Long and short intense game Fast short line conversion

goldaspect:

Overnight gold did not continue the upward trend of the previous trading day, but basically withdrew from the previous week's gains. The long short game is more intense, and in the near future, both positive and negative factors coexist, and there may be a tug of war in the short term.

The new wave of bond issuance by the US Treasury is approaching, and the US Treasury has raised its expectations for the size of federal borrowing this quarter to make up for the fiscal deficit7month--9The estimated net borrowing for the current quarter of the month has been adjusted upwards to1Trillion US dollars, much higher than5Estimated at the beginning of the month7330Billion US dollars, theoretically bullish on gold.

The impact of this round of interest rate hikes on the American people may be smaller than expected, with only about11.1%The use of floating interest rates for household debt means that only a small portion of outstanding household debt has been continuously raised due to continuous interest rate hikes.

Technical aspect: The gold daily closed higher than the negative line, once again falling below the long-term moving average support, forming a declineNThe probability of forming is relatively high.4The probability of a low point level in an hourly cycle, a high point moving downwards, and a short line forming a descending relay pattern is relatively high. Suggest following above1960The pressure on the US dollar.