Li Wanxi:8month29The Federal Reserve's interest rate hike is heating up, and gold is starting a roller coaster ride

Li Wanxi:8month29The Federal Reserve's interest rate hike is heating up,goldStart the roller coaster market

On Friday, gold prices surged and fell with a wide range of fluctuations, while the US dollar surged significantly. Federal Reserve Chairman Yellen and Federal Reserve Vice Chairman Fisher and other officials have revealed their willingness to raise interest rates this year, supporting the US dollar. If you are still in a difficult situation in trading and cannot get rid of it, if you are still chasing gains and selling orders that are constantly being trapped, if you are still suffering from the silent shrinkage of account funds, if you want to urgently change the current situation, add Li Wanxi's Weixin groupjs6486For friends. Our analysis team has startedyyVoice live streaming explanation room, choose us, join us.

Spot gold slightly increased0.02%Reported per ounce1,321.52US dollars. This week's decline1.5%In the past two weeks, it has been rising continuously;Spot silver up0.6%Reported per ounce18.60The US dollar hit an eight week low on Thursday18.46USD.

Yellen said in his highly anticipated speech that the possibility of a US interest rate hike is increasing, but the hike should be carried out gradually. Yellen pointed out that the job market has improved and the expected mild economic growth has strengthened the view that the Federal Reserve will raise interest rates later this year. However, she did not provide guidance on the extent to which the Federal Reserve would take action in response to economic development.

From the daily chart, it can be seen that gold has been at the bottom of the high box for nearly two months, and the price of gold has slightly increased50Daily moving average,50The daily moving average has put downward pressure on intraday trading, and it is noted that random fluctuations have entered the overbought zone, forming a negative factor. The golden daily chart features a cross shaped overcast star with a long upward shadow, forming6Continuous Yin situation. The author mentioned in a previous article that "without the appearance of a strong or consecutive bullish trend, the bearish trend will not change." Yesterday, such a pattern emerged again, which made the author believe that the trend of correction is far from over. Next week, it will be non-agricultural and also the official arrival of the Golden September and Silver October. The volatility of gold will also be relatively large. The author reminds investors to pay attention to seizing opportunities. The trend of gold next week should continue the consolidation and consolidation approach before the release of non-agricultural data.

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Specific operational strategies for spot gold next Monday:

　　1.Gold price test daily chart5The position of the daily line1325Short on the front line, stop loss3Point, look at the target1315。

　　2.Gold price meets for the first time1313Long on the front line, stop loss3Point, look at the target1318。