Dovish interest rate hike, good harvest in gold trading!
The Federal Reserve is dovish and raised interest rates by 25 basis points as scheduled, and gold's short-term increase has expanded to more than US220, reaching as high as 1966.55.In just a few minutes, have you grasped this wave of huge profits?
Before the interest rate decision, I have reminded that the limit price is set around 1945 in advance to order a buy, the take profit is set to 1960, and the stop loss is set to 1942. Only use the loss space of 3 US dollars to gain a profit space of 15 US dollars.Obviously, we got a profit of 15 US dollars.
Why is it necessary to set a limit price in advance to order to buy instead of choosing to sell?I give the following reasons:
1.Due to the spread of the banking crisis and the credit crisis, it is impossible for the Fed to choose to raise interest rates by 50 basis points, otherwise it will cause concerns about the global economy and exacerbate panic; therefore, the Fed will choose to raise interest rates modestly or not, and dovish interest rate increases will support the rise in gold prices.
2.Even if the Fed chooses to raise interest rates by 50 basis points, it will cause concerns about the global economy and the spread of panic will promote the inflow of funds into safe-haven asset gold, so gold will continue to rise after a short-term decline.
3.In addition, multiple supports below the technical side are strong, and there is limited room for gold to fall. After the recent decline, gold has a need to repair and rebound.I don't know how to analyze the technical aspects in detail. You can choose to take a look at the analysis of the previous article.
Based on the above, that's why I chose to set a limit price near 1945 in advance to order a buy, and of course I also achieved good results.Have you kept up with the pace of trading?
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Before the interest rate decision, I have reminded that the limit price is set around 1945 in advance to order a buy, the take profit is set to 1960, and the stop loss is set to 1942. Only use the loss space of 3 US dollars to gain a profit space of 15 US dollars.Obviously, we got a profit of 15 US dollars.
1.Due to the spread of the banking crisis and the credit crisis, it is impossible for the Fed to choose to raise interest rates by 50 basis points, otherwise it will cause concerns about the global economy and exacerbate panic; therefore, the Fed will choose to raise interest rates modestly or not, and dovish interest rate increases will support the rise in gold prices.
2.Even if the Fed chooses to raise interest rates by 50 basis points, it will cause concerns about the global economy and the spread of panic will promote the inflow of funds into safe-haven asset gold, so gold will continue to rise after a short-term decline.
3.In addition, multiple supports below the technical side are strong, and there is limited room for gold to fall. After the recent decline, gold has a need to repair and rebound.I don't know how to analyze the technical aspects in detail. You can choose to take a look at the analysis of the previous article.
Based on the above, that's why I chose to set a limit price near 1945 in advance to order a buy, and of course I also achieved good results.Have you kept up with the pace of trading?
In order to facilitate everyone to continue to follow up on my analysis and sharing, you can like and follow me; in addition, I will share the daily real-time strategy in the channel. If you can't follow up in real time, you may make operational errors.You can use the following methods to enter my channel for free to follow the latest news and follow up on market trends in real time.
Comment:
Gold is currently running above 1960, how do you think the gold market will run
Comment:
Do you know what other important news will affect the trend of gold
Comment:
There are some data reports and important news that will absolutely control the trend of gold in a short period of time, such as the Fed’s announcement of interest rate resolutions, geopolitical risks, small non-agricultural data, large non-agricultural data, and so on. Do you know how to apply them to maximize short-term profits
