Bo Hu Lun Jin:11.20美股回落黄金震荡维持，静待美联储会议纪要指引

The path of trading is gradual and step-by-step. When you miss the beginning of a trend, there is no need to worry about whether to participate in the end of the trend. Doubt and cowardice are both obstacles to success. Success comes from trying, and even a journey of a thousand miles must be taken first. There is no success without the risk of failure. The strong will make way for you, while the weak will find it difficult to move forward. To fly higher, one must first dive lower. Those who observe the overall situation will not care about the gains and losses of a city or a place. To cultivate oneself with calmness, to cultivate virtue with frugality. Soldiers facing the city are calm and calm, those in danger are able to turn misfortune into good fortune, those who stumble into a desperate situation but survive in a desperate situation, not only need to have the experience of rushing through the sand, but also the magnanimity that must be possessed by those who achieve great things. A person whose immediate interests can blind their eyes is destined to miss even greater opportunities.
　　
Message face:
　　
The United States announced on Tuesday10月营建许可总数为146.110000 households, higher than market expectations138.5Ten thousand households.
　　
United States10月房屋建筑有所反弹，10月营建许可总数跳升至逾12年高位，显示房屋市场在抵押贷款利率下降的情况下表现强劲。数据显示，10月新屋开工年化月率增长3.8%，其中单户型建筑数量连续第五个月上升，多户型建筑领域也强劲回暖。房地产市场是对利率最敏感的领域，近几个月来，随着美联储放松政策，房地产市场开始活跃起来。
　　
　　富国银行分析称，美国新增住宅房屋建设持续温和走高，说明受到低抵押贷款利率的影响，也表明需求稳定和房地产业者信心的提升。
　　
　　高盛分析，贯穿明年全年的联邦基金利率曲线仍将继续向下倾斜，2020年底的远期利率至少比当前政策利率低25个基点，这反映出市场依然认为降息的可能性大于加息。从美联储和大选的时间来看，只有经济增速反弹至2018年以来最高，未来几个月市场对美联储明年12月利率的预测才可能反转。在数据反映经济走强迹象前，对短期利率futures的进一步抛售可能会受到限制。
　　
　　美联储官员威廉姆斯表示，如果通胀依旧持续朝着错误的方向发展，这可能会导致美联储变得更加宽松。未来几个月，美联储必须确保不会对个别数据过度反应。货币市场自9月起已经稳定下来。美联储在制定货币政策上，将继续坚持取决于数据的做法。美联储的政策处于良好的位置，预计经济将继续增长。
　　
　　美总统弹劾调查：
　　
　　美国参议院多数党（共和党）领袖麦康奈尔表示，现在说参议院将如何处理弹劾事宜还为时尚早。他不认为特朗普将被解职。他说，如果参议院得到67票通过弹劾将是“不可思议的”。
　　
　　英国脱欧：
　　
　　英国首相约翰逊表示，保守党将在未来数周让脱欧协议得以通过。我们将在明年1month31日离开欧盟。整个保守党都支持我的协议。“绝对”可以在2020年底之前与欧盟达成脱欧后贸易协议。
　　
　　没能完成脱欧是对英国经济的最大威胁。
　　
　　英国工党领袖科尔宾表示，工党将在未来3个月内谈判脱欧协议，将在6个月内举行脱欧公投。
　　
　　汇丰银行分析称，保守党获胜的预期已经很大程度反映在了英镑上。虽然英镑看起来确实很便宜，但本周末的民调后，保守党党魁、现任首相约翰逊赢得多数优势被消化70%。
　　
According toCMEFederal Reserve Observation:12月维持当前利率在1.50%-1.75%The probability of the interval is99.3%Interest rate reduction25Bps to1.25%-1.50%The probability of the interval is0.7%; next year1月维持当前利率在1.50%-1.75%The probability of the interval is83.9%Interest rate reduction25Bps to1.25%-1.50%The probability of the interval is16%Interest rate reduction50Bps to1.00%-1.25%The probability of the interval is0.1%。
　　
Today's Focus
　　
　　15:00 Germany10monthPPIMonthly rate
　　
　　21:30 Canada10monthCPIMonthly rate
　　
The next day03:00 Federal ReserveFOMC公布货币政策会议纪要
　　
Technical aspect:
　　
Internationalgold周二维持震荡走势，周二早间进价自1470一线小幅加速上弹最高触及1475一线后形成高点快速翻转表现，亚盘交易时间金价维持短线下行延续最低触及1469一线后形成底部区间窄幅维持。下午盘进价小幅反弹回踩1473一线后维持偏温和震荡下行延续，欧盘交易时间金价最低触及1465一线后震荡走高。美盘交易时间金价维持偏震荡上行再度形成对1475回踩表现，最终收盘元1472一线。短期高点区间维持并未形成较为强劲多头巩固表现，仍理解为短期偏震荡趋势维持不具备较强方向性指引。日线录得影线较长小幅K线，短期金价企稳于日线10日均线支撑位价格上方形成技术指标支撑压力位价格区间维持（1465-1482）。小时线显示周二金价形成对60日均线击穿表现，形成对前期上行空单套单压力大幅释放，短期金价震荡走高仍企稳于技术指标支撑位价格上方。日内谨慎维持偏区间操作思路。
　　
Daily operating range:
　　
Multiple orders:
　　
Radical1466Frontline participation, stop loss3-5Point, profit target1469upper
　　
Robust1459Frontline participation, stop loss3-5Point, profit target1463upper
　　
Empty order:
　　
Radical1481Frontline participation, stop loss3-5Point, profit target1477Below
　　
Robust1488Frontline participation, stop loss3-5Point, profit target1485Below
　　
　　行情瞬息万变具体操作以博虎论金（V-亻丶言：KD1394）实时指导为准，对行情把握不够好、对进场点位把握不够准确、今日利润，你错过了吗？
　　
Bo Hu's Message on Gold: As a lone soldier, do you feel like you are walking on thin ice in this financial market and struggling to move forward? If you are tired of unproductive investments and lost in the foggy market; If you suffer losses one after another but feel unwilling. So, it's time to change the status quo. Good birds choose trees to live on, your choices determine your future!
　　
The above views only represent the personal views of Bohu Lunjin. Thank you for your continuous support. Welcome to share, share, and comment, let's grow together! If you feel that the above views on Bo Hu Lun Jin are helpful to you, you can try adding Bo Hu Lun JinvxNumber“KD1394”Every day, there will be timely analysis of the gold strategy, as well as real-time guidance and one-on-one consulting services, dedicated to answering every investment challenge you face.
　　
Comprehensive guidance teacher: Bo Hu Lun Jin Micro（KD1394）
　　
Direction guidance time: early7：00In the early morning of the next day2：00
　　
Wen/Bo Hu Lun Jin