Industrial Investment: Positive support for gold price to break through and rise sharply Refresh the high in the past four years

Industrial Investment: Positive support for gold price to break through and rise sharply Refresh the high in the past four years
2019year6month20day
gold
Thursday morning2:00The Federal Reserve9:1The voting results are maintained2.25%-2.5%The interest rate remains unchanged, with St. Louis Fed President Brad supporting a rate cut. The policy statement is clearly dovish compared to the previous one, and the Federal Reserve has removed language related to "patience" and stated that the uncertainty of the future economic outlook has increased. In economic forecasts, although the Federal Reserve maintainsGDPExpectations remain unchanged, but will2019Annual core inflation expectations1.8%Down to1.5%，2020Year from2.0%from1.9%The dot matrix diagram displays,17Among the officials, there are9People expect2020We will cut interest rates before the end of the year. Federal Reserve Chairman Powell stated in his speech that the reasons for future interest rate cuts have strengthened. This resolution opens the door for the Federal Reserve to cut interest rates, implying that a rate cut may be possible later this year. After the resolution was announced, gold quickly rose upwards, reaching its highest point1362.47Continuously hitting new year highs, ultimately closing at1357.83In the morning session of today's Asian market, boosted by the continued dovish fermentation of the Federal Reserve's decision, gold prices continued to surge with bulls, further soaring nearly50USD, highest hit1394.11, refresh from2013year8month30The high level in recent days has fallen back to1380frontline. It is expected that this factor will continue to support and maintain a high volatility within the day. Today, you can pay attention to the international political situation and the trend of the US dollar.
On the technical side, the daily chart has risen significantly for several consecutive days, and the random indicator has entered the overbought zone but still maintains a bullish trend.
Key resistance:1393 / 1400 / 1410
Key Support:1365 / 1357 / 1350
Today's suggestion:
The short-term action of the hourly chart is strong, and the bulls maintain their strength;4The hourly chart continues the recent volatile upward trend. Available within the day1370Short positions in nearby light positions, let's take a look first1393Look again1400Stop loss set at1357Below the line.
silver
Prior to the release of the overnight Federal Reserve decision, silver15Below the checkpoint, there is a fluctuation, and the bulls are basically on the defensive. But after the Federal Reserve's decision sets the stage for future interest rate cuts, the Federal Reserve7Expectations of monthly interest rate cuts continue to rise, with the US dollar plummeting, driving silver price bulls to erupt, reaching their highest point15.15Breaking the high level in the past two and a half months. In the morning session of today's Asian market, the dovish resolution of the Federal Reserve supports further significant increases in silver, reaching its highest point15.29Continue to refresh the high level for over two months. We can pay attention to the impact of the international trade situation on market sentiment later.
On a technical level, the daily chart has further risen significantly above the upper limit of the triangular consolidation range, with bulls maintaining their strong position.
Key resistance:15.35 / 15.55 / 15.75
Key Support:15.10 / 15.00 / 14.90
Today's suggestion:
1The hourly chart quickly rises to15Above the checkpoint, short-term actions can be more intense.4The hourly chart continues the previous volatile upward trend. Available within the day15.10Long in light positions near the checkpoint, let's take a look first15.35Look again15.55Stop loss set at14.95Below the front line.
copper
On Wednesday, copper showed a trend of bottoming out and rebounding. Trade frictions increase demand concerns, and after copper surged sharply on Tuesday, interest rates have suppressed copper prices, causing them to fall. During the Asia Europe session, copper fluctuated and fell to its lowest point of the day2.6725Supported by the sharp decline in the US dollar index, the New York session quickly rose from a low level, recovering most of the previous losses and ultimately recording a slight decline, closing at2.6945In the morning session of today's Asian market, copper prices rebounded again and rose to2.70Above the line. You can pay attention to global stock markets and the performance of the US dollar later.
On the technical side, the daily chart continues to rebound, and the space is expected to be affected from above50The suppression of the daily moving average.
Key resistance:2.7185 / 2.7380 / 2.7520
Key Support:2.6890/ 2.6730 / 2.6600
Today's suggestion:
Although the hourly chart has bottomed out and rebounded, random indicators suggest the risk of a pullback;4The long-term downward trend of the hourly chart remains good. Available within the day2.7200Short on the front line, take a look first2.6890Follow again2.6730Stop loss set at2.7360upper.