Datian Gold's official website: operating suggestions for spot gold2023-09-20

goods in stockgoldOverview of the current market situation:
At the time of the announcement of the Federal Reserve's interest rate decision, yesterday's gold price continued to maintain a fluctuating upward rhythm, but failed to further open up the space above, and the overall situation remained at1930Wandering around the front line, I believe we need to wait for the announcement of the meeting results to make the short-term bullish direction clearer. Although the market currently believes that the probability of a rate hike in September is not high, the key to the future market is whether there will be another rate hike within the year.

Datian Global Spot Gold Reference News:
The new policy statement and interest rate decision will be announced on Wednesday afternoon Eastern Time in the United States2Announcement: Federal Reserve Chairman Jerome Powell plans to announce this afternoon2:30Hold a press conference to provide detailed explanations. Investors in contracts related to the federal funds rate are almost certain that the Federal Reserve will maintain the benchmark federal funds rate at the current5.25%reach5.5%Within this range, this is consistent with the Federal Reserve's slower and more cautious pace of raising interest rates.

Today's spot gold market follows:
Federal Reserve Announces Summary of Interest Rate Resolutions and Economic Expectations;
Federal Reserve Chairman Powell holds a press conference on monetary policy.
Da Tian Global Special Reminder: In fact, today's market fundamentals are not particularly active. It can be said that the crowd is waiting for the early morning Federal Reserve interest rate decision, and there are almost no data releases worth paying attention to during the evening US session. Therefore, the focus should be on the meeting results and the speech of Federal Reserve Chairman Powell.

Click to read the complete graphic analysis:202.hk/teach/forecast/359097.html?c=814

Pressure:1938-1950-1960
Support:1928-1920-1910

Suggestions for today's spot gold market operation:
1936-1937Look at the range, target1932-1927, Risk control3USD.
1925-1926From the perspective of range, target1930-1935, Risk control3USD.
Upper rupture1941Look up, goal1945-1949, Risk control3USD.
Lower rupture1920Look down, goal1915-1910, Risk control3USD.
1950-1951Look at the range, target1946-1942, Risk control3USD.
1908-1909From the perspective of range, target1914-1918, Risk control3USD.
Upper rupture1955Look up, goal1960-1965, Risk control3USD.
Lower rupture1904Look down, goal1900-1896, 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.