Official website of Datian Global: suggestions on spot gold operation2022-12-19

goods in stockgoldOverview of the current market situation:
Due to the fact that many central banks around the world continued to tighten their policies last week, gold prices did not continue their strong performance last week and showed a significant decline in the middle of the week. However, after gradually stabilizing and supporting below, they began to recover. Eventually, they repaired some of the decline, so that the closing line was still ideal. Currently, multiple parties need more favorable conditions to further open up the space above, The performance of the following economic data remains crucial.

Datian Global Spot Gold Reference News:
The European Central Bank followed the pace of the Federal Reserve and cut interest rate hikes as scheduled to50Basis points. But it also followed the example of the Federal Reserve, sending a clear message that financial conditions will continue to tighten, even if economic performance deteriorates. Lagarde also announced that further quantitative tightening policies will be implemented before the end of the asset purchase plan.

Today's spot gold market follows:
U.S.A12monthNAHBReal estate market index;
Vice President of the European Central Bank, James Jindos, delivered a speech.
Datian Global Reminder:The fundamentals of the market on Monday are usually relatively flat, but there were already quite heavy data and news worth digesting last week. Therefore, even if there were not many concerns during the day, it is expected that the market will still maintain a more sensitive sentiment, and expectations for future interest rate hikes by the Federal Reserve will still ferment.

Click to read the complete graphic analysis:202.hk/teach/forecast/346183.html?c=814

Pressure:1800-1810-1820
Support:1788-1780-1770

Suggestions for today's spot gold market operation:
1798-1799Look at the range, target1794-1790, Risk control3USD.
1788-1789From the perspective of range, target1793-1797, Risk control3USD.
Upper rupture1802Look up, goal1806-1810, Risk control3USD.
Lower rupture1785Look down, goal1781-1777, Risk control3USD.
1811-1812Look at the range, target1807-1803, Risk control3USD.
1775-1776From the perspective of range, target1780-1784, Risk control3USD.
Upper rupture1816Look up, goal1820-1824, Risk control3USD.
Lower rupture1772Look down, goal1768-1764, Risk control3USD.
The two major goals are to gradually stop profits and increase profits.

Reminder from Da Tian Global: Strategic recommendations are for reference only. Entering the market carries risks and investment needs to be cautious.