To treat people with integrity,People don't bully me; To treat matters with integrity,Everything is possible
——Dingman (buckle:3517334089)
Market highlights
  Early this morning, the Federal Reserve released its latest resolution, which met market expectations to maintain interest rates unchanged. The Federal Reserve reiterated that inflation is rising2%;The process of normalizing the balance sheet will begin relatively quickly;The risks to the economic outlook appear to be roughly balanced. The job market has strengthened, employment growth is stable, and the unemployment rate has declined. The reason for the skyrocketing gold price is not only due to the influence of the Federal Reserve, but also due to the overnight European Central Bank(ECB)Management Committee Member Novotny(Ewald Nowotny)Making hawkish remarks to stimulate the short-term surge of the euro is also one of the reasons why the decline in the US dollar has helped to boost gold.
  Today's gold trend was not unexpected. After the Federal Reserve released dovish comments, it began a sharp rise, and after the opening, the gold price successfully broke through1260The key pressure level for the US dollar is that in the short term, the bullish market will continue to keep gold in an upward trend, with little room for correction. In the evening, we can pay a little attention to the changes in initial application data. If initial application data continues to decline, it may slightly limit the intraday rise.
Market analysis:
  At present, the gold price has successfully broken through since1296Adjust from1204Since the golden ratio61.8%,1260-1261Interval4Hours and1Hour has once again entered a bullish and dominant pattern.Today's trading strategy is to take advantage of the trend and buy long at a low level. Below, focus on the last big bullish line rising point in the early morning1256Support, pay attention to the early high points of the daily level above1265-1268Short term pressure level! especially1265If the strong resistance level in the early stage can break through in one breath before the US market, the probability of the market continuing is naturally higher. If there is no breakthrough1265Previously, the author did not recommend chasing more but waiting for a pullback.