Gold rises and falls, gold price still gains for three consecutive months

Reviewing the spot market in the US last Friday eveninggoldAfter a slight surge, it fell back to its lowest point3972.35dollar/Ounces, highest within the day4045.91dollar/Ounces, then rebounded and finally closed4003.59dollar/Ounces, closing down0.51%。

International spot gold opens today (Monday)3990.81dollar/Ounces, gold prices fell to their lowest point in early trading3962.57dollar/Ounces, then oscillate again and rise to the highest point4011.13dollar/ounce! Morning Shanghai Gold Exchange Shanghai Gold Quotation914.28element/Ke, and the Han Sheng Gold Investment Platform of the Hong Kong Gold Exchange is currently in real-time（11:00）The quotation is currently available4010dollar/Running around ounces.

Last Friday, four officials from the Federal Reserve expressed their opinions on this week's interest rate cuts in different forms12The concern about the possibility of another interest rate cut in the month explains why Federal Reserve Chairman Powell stated at the post decision press conference that12The monthly interest rate cut is not a 'certainty'.

As the federal government shutdown in the United States has lasted for over a month and now enters a critical week, the stalemate is about to set a record for the longest duration in history. Democratic lawmakers have once again called on Trump to directly participate in negotiations to end the shutdown, and the struggle between the two parties on healthcare issues has become the key to breaking the deadlock. Last weekend, Trump once again called for bypassing Democrats by ending the Senate's obstruction rules.

The Ministry of Finance and the State Administration of Taxation have issued a notice on tax policies related to gold, which states that taxpayers who do not sell standard gold through exchanges should pay value-added tax in accordance with current regulations. This tax policy indicates that since11month1From now on, retailers will no longer enjoy value-added tax deductions when selling gold purchased from the Shanghai Gold Exchange, whether it is sold directly or after processing.

Short term intraday trading advice

Let's first look at the gold price3983-4016The main focus is on interval oscillation sorting. When breaking through this interval, the upward target should be observed4020-4025, or4035Nearby; Looking at the downward target3978-3972, or3963Near.

Attached is the gold trend chart:

articlesourceHansheng GroupGold investment platformOfficial websiteHan Sheng Jin YeAPP, repostedbrightsource。

Kind reminder: The gold market fluctuates greatly, and there are risks involved in investment. Please make cautious decisions within your own risk tolerance range.