Is gold expected to plummet as expected? Can gold continue its decline? For yesterday, gold opened on1959On the first line, after a period of opening volatility, it began to plummet, falling to1937After the first line of trading, gold began to fluctuate and rebound slightly, and it continued to plummet again after the US market in the evening, with the lowest point falling to1932First line, followed by a rapid rebound, and finally gold closed at1943On the front line, this sharp drop is undoubtedly in line with expectations, after all, Xu Bohong has been bullish on bulls recently, everyone ...
9month17day(Thursday)Spot gold returns1940Trading above, previously experiencing a sharp drop of over20USD to1930Nearby. Gold prices saw partial selling on Thursday, continuing the two-week high from the previous day's Federal Reserve interest rate decision(1974Near USD)The retracement trend. It has been proven that the Federal Reserve has not shown any signs of further stimulus, which is one of the key factors weakening gold. In addition, the Federal Reserve's optimistic assessment of economic recovery has triggered some positive US dollar short covering. US dollar reverse ...
Thursday(9month17day)In the European market, spot gold continued its previous decline and fell as low as1936.61dollar/Ounces. This is mainly due to the rebound of the US dollar, which has surged to a one week high at its highest point93.62Currently, there has been a slight decline. Regarding the market trend, Xu Bohong believes that the failure of the Federal Reserve to take further action seems somewhat disappointing. The market originally hoped that the Federal Reserve would be prepared to extend bond purchase maturities or increase asset purchases more widely, in order to maintain long-term bond yields at a lower level ...
The market has always understood that people earn money for those who are confused. In a market economy, as long as you participate in the economy, you are an economic person. Economic people naturally aim for profit, especially in the capital market where there are no philanthropists, only winners and losers. No matter how successful you are in other areas, winning or losing is the only criterion in the market. To survive in the market, one should be like a stream of water, not impatient or impatient, living in a narrow gap, and seeking the simplest and purest state. My philosophy is ...
Short term volatility, medium-term band, and long-term trend. The two ends of investment are analysis and trading, and the connection between these two ends is waiting. The core of waiting is to abide by the ability circle and respect common sense, patiently wait for the best opportunity to take action, and avoid frequent trading is recognized as one of the winning strategies. Strictly limit profits and losses when making orders, strictly grasp the points, and strictly prohibit heavy position operations! 2： To make a market, first look at the trend, then at the point, and finally at the time. What I emphasize is my understanding and observation of the market situation ...
Trading is not about doing it every day, but it is about focusing on the market every day. Only in this way can we have a clear understanding of the market's operation, have a clear understanding of instant messaging, and constantly grasp the operating cycle and trend of the market. Trading is nothing more than fluctuations and trends. Key positions cannot occur frequently. Sometimes, after waiting for a few days or even a week, just to wait for a key position, when the position arrives, people are not in front of the computer. Once the position passes, either the order is pursued or reversed, ...
On Wednesday, spot gold bottomed out and rebounded to1960Nearby, gold is supported by a weak US dollar, while Asian stock markets are under pressure. However, today's focus will be on the Federal Reserve's interest rate decision, with many unfavorable factors affecting the rise of gold prices in the market: the United States8The monthly industrial output data is lower than expected, but still positive,9The New York Manufacturing Index for the month exceeded expectations; Investors must also consider the outcome of tomorrow's Federal Reserve meeting, and we need toFOMCPublish a clear statement and provide clear communication ...
You have been paying attention, constantly testing, but never thought about how many opportunities to make money you have lost. Every day, many investment friends come to me to test my strength and ask for operational advice. Then, I continue to operate on the platform that has trapped me deeply, following the teacher who has been leading me to lose money. I can't figure this out. Why not try a new platform and follow a capable and responsible one instead of continuing to lose money on the current platform ...
You have been paying attention, constantly testing, but never thought about how many opportunities to make money you have lost. Every day, many investment friends come to me to test my strength and ask for operational advice. Then, I continue to operate on the platform that has trapped me deeply, following the teacher who has been leading me to lose money. I can't figure this out. Why not try a new platform and follow a capable and responsible one instead of continuing to lose money on the current platform ...
I am Xu Bohong, born for trading. If you have any questions, feel free to contact me at any time. This article is exclusively written by Xu Bohong. Investment is risky, so trading should be cautious. Rushing into the market is foolish, finding the right person is wise. If a small boat drifts in the sea, if you don't sail, then you will always drift alone in the sea. If you want to go ashore, please move your sail and let Xu Bohong take you to the place you want to go. Spot gold, London gold, ...
