Industrial and Commercial Investment: The Federal Reserve Scratches Itchy Across Boots Gold skyrocketed and broke through1260

Industrial and Commercial Investment: The Federal Reserve Scratches Itchy Across Boots goldSoaring up and breaking down1260
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gold
International spot gold underwent overnight downward testing1243.60Subsequently, it stabilized and underwent mild consolidation, with a strong surge after the Federal Reserve's interest rate decision, breaking through the upper limit1260Resistance level, and maintain strong consolidation above this level. The information revealed by the Federal Reserve's interest rate decision has been largely digested by the market earlier, indicating that the Federal Reserve will soon initiate a balance sheet contraction. However, the Federal Reserve's concerns about inflation and consumer spending prospects have given the market reason to doubt whether the Federal Reserve can raise interest rates again this year, and may even delay the contraction. The US trade account and durable goods order data will be released within the day, but against the backdrop of uncertainty about the Federal Reserve's interest rate hike and ongoing political turmoil in the US, even if the data is good, it is difficult to boost the US dollar and poses little threat to the upward trend of gold.
Technically speaking, the daily chart is stabilizing10The daily moving average has risen strongly and stood up1260Above, it is expected to expand the increase.
Key resistance:1266/1270/1274
Key Support:1258/1252/1245
Today's suggestion:
After the short-term correction and stabilization of the hourly chart, it rose strongly, and the upward movement remained intact,4Time chart in1243The frontline has found support to stabilize and quickly break new highs, maintaining a strong position. Suggestions for the day1258Long on the front line, look up1266。
silver
Silver once experienced a pullback at a low point in the early stage of platform consolidation16.23The upper level stabilizes and rapidly expands the increase after the Federal Reserve's interest rate decision, breaking above the top of the consolidation range and is expected to expand the increase. The current negative sentiment towards the US dollar is significant, and the recent performance of gold and silver is highly negatively correlated with the US dollar. As long as the market's judgment on the prospect of the Federal Reserve's interest rate hike is not reversed, gold and silver are expected to continue to expand their gains.
On a technical level, daily charts are available10Stable daily moving average, strong pull up and breakthrough16.60Resistance is expected to expand the increase.
Key resistance:16.78/16.85/16.90
Key Support:16.60/16.55/16.50
Today's suggestion:
Hour chart short line in16.60After a severe shock, it rose again, with bulls dominating.4The hourly chart fluctuates upwards, with high and low points remaining upward and the trend remaining intact. Suggestions for the day16.60Long on the front line, take a look first16.78。
copper
Copper prices continue to rise, reaching their highest point in European trading2.9030But failed to follow up, then stepped back2.8420Stabilize and sprint again2.8860On the front line, there may be some easing in action, but maintaining multi-party leadership. According to the news,2018The scrap hardware prohibited from import at the end of the year includes scrap wires, scrap motors, and bulk scrap hardware, also known as scrap seven categories, and has been confirmed by the Recycling Branch of the China Nonferrous Metals Industry Association. China's restrictions on scrap copper imports may increase demand for refined copper, but the news is currently more of a stimulus to market sentiment, and the substantive impact is yet to be confirmed.
Technically, the daily moving average system maintains upward divergence and breaks through2.7700There is still room for upward movement due to the high resistance in the early stage.
Key resistance:2.9100/2.9300/2.9500
Key Support:2.8550/2.8325/2.8210
Today's suggestion:
Hour chart on2.9000Below, the momentum of the pullback is limited, and there is still hope to expand the increase,4After the hourly chart rose, it strengthened and maintained an upward trend. Suggestions for the day2.8550Long above, let's take a look first2.9100Near.