Risk aversion may be hyped up Gold is prone to accidents

goldaspect:

After continuous hawkish comments from Federal Reserve officials last week, gold has plummeted significantly, and the possibility of further interest rate hikes in the future is increasing, which will have a negative impact on gold for a period of time. Wednesday（6month28Federal Reserve Chairman Powell will participate in the policy group discussion of the Central Bank Forum of the European Central Bank and needs to be closely monitored.

Last weekend, the Wagner mercenary organization led by Prigo launched an armed uprising against the Russian military, which may bring about changes in the Russia Ukraine war. Western countries will definitely not miss this opportunity, which means that although the matter has been resolved, Western media, who are good at storytelling, will naturally continue to write about this matter and must always be vigilant about the intensification of fluctuations caused by risk aversion.

Technical aspect: Gold fell below last week1940The key position of the US dollar is bearish, with a high probability of further decline in the future. Falling to1909After the rebound of the US dollar, short positions in the band still need to wait for time before intervening. In the short term, the upper level will pay attention1933The resistance of the US dollar may rise to1945First line USD, follow below1920The support of the US dollar on the first line.