Gold's short-term shock tends to rebound
Gold opened strong, continuing its rebound from bottoming out late overnight. The U.S. dollar index fell back at the opening, and the 10-year U.S. Treasury bond yield also continued to decline after rising overnight, and the short-term peaking expectations continued to decline, boosting its gold price.
but!
Although the rebound momentum of the US dollar index has slowed down at present, the support near the mid-track on the monthly chart is still strong. Before returning to the mid-track and stabilizing, any decline will be just a correction, and the market outlook will still covet large and sustained room for strength.
Today we focus on the number of layoffs by challenger companies in the United States in September! The number of initial jobless claims in the United States for the week ending September 30, etc.! Market expectations are negative for the US dollar, which will have an important impact on gold prices!
but!
Although the rebound momentum of the US dollar index has slowed down at present, the support near the mid-track on the monthly chart is still strong. Before returning to the mid-track and stabilizing, any decline will be just a correction, and the market outlook will still covet large and sustained room for strength.
Today we focus on the number of layoffs by challenger companies in the United States in September! The number of initial jobless claims in the United States for the week ending September 30, etc.! Market expectations are negative for the US dollar, which will have an important impact on gold prices!
Comment:
The news was released 3 hours and 30 minutes later, and market forecasts were favorable for gold's rise. Keep waiting.
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