Xiao Zikun: Meizhi's desperate comeback, gold falling back to repair, but bulls remain unchanged

US dollar index7month27The day was initially bearish and then bullish, with trading at93.14-93.59In the interval, the overnight Federal Reserve decision did not release any more hawkish signals, and the US index further fell. After continuing to rise earlier in the day, bulls took back and the exchange rate fell.
　　
The official account of the Federal Reserve, Xiao Zikun, maintained stability overnight, and the tone of the wording was slightly dove. While expressing optimistic views on the economic outlook, the Federal Reserve also acknowledged that the current inflation is still low, and will pay close attention to the inflation situation. In addition, the Federal Reserve also emphasizes a relatively rapid reduction in balance sheets.
　　
Given that9After the Federal Reserve meeting in June, there will be a regular press conference, which should have been the best time for the Fed to announce the start of its balance sheet reduction. However, due to political uncertainty events, the Fed is very likely to postpone the reduction until11The month just started. The general pessimistic outlook for the tightening of the Federal Reserve's policy is that even if the Federal Reserve decides to tightenxzk8698The main reason for the further decline of the US dollar index to over a year low is that the market remains ungrateful despite continuing to show a tightening stance with mediocre language.

　　

With the upcoming tightening of the Federal Reserve's balance sheet, it has become difficult to controlgoldIt poses a threat. Xiao Zikun believes that "shrink watch" materials are only symbolic, and the actual pace is relatively slow, which will not have a significant impact on the market. After the Federal Reserve's decision, gold bulls will still have positive news and their strength will remain unshakable. They will remain stable until then1250In a horizontal situation, in order to win1260This indicates that the trend is leaning upwards. Xiao Zikun needs to be particularly clear headed and never use trends as an enemy. Although gold comes from7Since the beginning of the month, there has been almost a continuous rise, and there is a need for a downward adjustment in the technical aspect. But we cannot ignore the positive news, as the current news is relatively favorable for bullish gold. Author Zikunxzk8698Combined with several key resistance levels captured by bullish gold, the bullish market is undoubtedly!
　　
Gold, after yesterday's adjustment, saw a strong break through in the early hours of the morning with the support of the dovish statement from the Federal Reserve1261On the front line, this confirms the author's previous expectations and a breakthrough this week1260There is basically no major problem, and a short-term correction cannot change the bullish outlook in the future. In an upward market, the high point will not come to an end when it refreshes the space, and a pullback is also a further confirmation of the support below. It is reasonable for bulls to return. along with1261Breaking through under heavy pressure, the direction of the next stage of gold prices has also emerged. At present, the upward trend of the daily and weekly lines is playing well, and the monthly line is also about to close. Currently, the bullish market is truly starting, and it is the relay stage of the upward trend. Friends who have placed orders below can follow the author for advice. According to the recent views of the author, Zikun still tends to be optimistic about continuing to rise and stand firm after the adjustment1260Will further impact1280as well as1295Double topped area.
　　
Author: Xiao Zikun, Wei Xin:xzk8698