Da Tian Global: Suggestions for Spot Gold Operations2024-01-08

　　goods in stockgoldOverview of the current market situation:

After the release of last week's non-farm data, the price of gold experienced sharp fluctuations in the short term, as reports from the US labor market showed that it was still in a relatively healthy state, which temporarily suppressed the momentum of gold prices. However, after stabilizing support in the future, it rebounded again. This is because the expected impact of the Federal Reserve's interest rate cut is limited, and the market will reassess the possibility of a rate cut in March, Before the interest rate decision in January, this factor will be the main focus of speculation.

　　Datian Global Spot Gold Reference News:according to12US labor market data report for the month shows new non farm employment opportunities21.6Ten thousand, significantly exceeding expectations and last month's performance, while the average hourly income has also increased. These data demonstrate the strong performance of the US labor market. However, the American Association for Supply Management(ISM)of12Monthly service industryPMIThe data shows that the industry's performance did not meet expectations, triggering a reassessment of the Federal Reserve's policy adjustments in the market.

　　Today's spot gold market follows:

Eurozone12Final value of monthly consumer confidence index;
United States12Monthly Consultation Chamber Employment Trend Index;
　　2024yearFOMCVoting committee and Atlanta Federal Reserve Chairman Bostek delivered a speech on the economic outlook.

　　Special reminder from Datian Global:After the release of non-agricultural data, the market fundamentals this week have been relatively flat, and there were no particularly important data or news releases on Monday. Only the speeches of Federal Reserve officials in the evening are worth paying close attention to, especially in the current market where expectations for interest rate cuts are still rising, and officials' statements need to be carefully considered.

Click to read the complete graphic and textual analysis:202.hk/teach/forecast/364161.html?c=812

　　Suggestions for today's spot gold market operation:

　　2050-2051Look at the range, target2046-2041, Risk control3USD.
　　2039-2040From the perspective of range, target2044-2049, Risk control3USD.
Upper laceration2056Look up, goal2060-2064, Risk control3USD.
Downburst2035Look down, goal2031-2027, Risk control3USD.
　　2065-2066Look at the range, target2061-2057, Risk control3USD.
　　2025-2026From the perspective of range, target2030-2034, Risk control3USD.
Upper laceration2070Look up, goal2074-2078, Risk control3USD.
Downburst2020Look down, goal2016-2012, Risk control3USD.
The two goals are to stop the profit step by step and increase the profit.

　　Da Tian Global Warm Reminder:Strategic recommendations are for reference only, there are risks involved in entering the market, and investment needs to be cautious.