XAUUSD:Today's trading advice
U.S. House Speaker McCarthy said he expects the House of Representatives to consider the debt ceiling agreement next week, which is the most positive signal he has given so far on the progress of debt negotiations.Thursday's report showed that the number of people applying for unemployment benefits in the United States at the beginning of last week was 242,000, lower than the expected 254,000.A series of stronger-than-expected data are intertwined with the hawkish shift in the speeches of Fed policymakers, driving interest rate expectations at the front end of the curve.The market is establishing tail risk protection for interest rate increases at the June meeting and reducing bets on interest rate cuts in the second half of this year. At present, the market generally believes that the possibility of the Fed raising the target interest rate by 25 basis points at the June meeting is about 33%. As high inflation continues, Fed policymakers on Thursday downplayed expectations of suspending interest rate increases next month.On May 19th, key points to pay attention to: U.S. President Joe Biden will attend; Federal Reserve Chairman Powell and former Chairman Bernanke will attend a panel discussion on monetary policy.
It is right to continue to be bearish. It was bearish in 2080 and bearish again in 2050. It is a very firm idea to start bearish in 2020 this week. It is also a cyclical first target point to fall to 1970. The next step is to pay attention to the 1935 trend point, but before that, let's think about it. The overall structural trend of the market this week began to fall in 2020. It fluctuated on Monday and fell on Tuesday. Strength, fell below 2000 on Wednesday, and walked out of the plunge space on Thursday. 5 trading days, one day fluctuated, and three days fell. I don't believe it all. Every week is a downward trend, so, calmly analyze the current market situation on Friday, and you can't be too bearish.Under this condition, the decline has just begun. Keep looking at 1935 first. If the market allows it, you can even see the pre-1810 low below. Therefore, gold has fallen. For the intraday market, it will continue Thursday's rebound. Then, we must pay attention today. Since the low-level shock has been formed, there may be a continued rebound. The low point can be long, and the upper moving average suppression point is near 1972. During the day, we will focus on the strength of the rebound after the sharp drop. If the rebound does not break 1972, you can go short and find a support point of 1950. If it breaks 1972, it must be today. There was a big rebound, rising or seeing above 1985.Therefore, don't just look at the decline in today's market, you also need to consider the 1972 high
Today's gold trading advice
gold:sell@1970-1974 tp:1968-1963
Comment:
If you want to get more signals, please keep paying attention to me, and I will take you to make more money and realize your dreams.
Comment:
Wait patiently for the signal
Comment:
Gold still hasn't fluctuated much, so I have to wait for it.
Comment:
We have to learn to wait for the opportunities given by the market so that you can keep making money and have a nice weekend
Comment:
I will lead everyone to make more money next week