investmentMr-X

investmentMr-X Updated 

The monthly nonfarm payroll data is coming soon. Do you know how it will affect gold prices? The "nonfarm" data is released by the US Department of Labor on the first Friday of each month. It consists of three values: nonfarm employment, employment rate, and unemployment rate, which reflect the development and growth of the manufacturing and service industries....

investmentMr-X Updated 

Going long on gold yesterday and shorting it today, the switch is perfect and seamless, and the empty orders in early trading in 1998 fell again and made a profit! Short, the rebound in the European market relies on 2000 and continues to short! The current gold market is still volatile, and the interval remains within the range of 1970-2010! If the rebound...

investmentMr-X Updated 

Crude oil is bearish for several reasons: 1. Crude oil’s daily line once again fell below the low level of the platform, indicating that the second decline has started, so continue to look at the new support area today, which is also the ultimate goal of the second round of daily line adjustments. 2. According to the update of the wave trading system, the...

investmentMr-X Updated 

Gold is currently maintained around 1985 There may be a trend of up first and down in gold here. The current hourly chart is very similar to the previous two waves. It's all before reaching the bottom support, and then rebounding to the top again, and quickly bottoming out again. Therefore, if gold continues to replicate the same trend as before, the highest...

investmentMr-X Updated 

Oil prices rebounded on Thursday, up more than 2%, as it is expected that Russia will significantly reduce its holdings next month. However, concerns about demand were exacerbated by a strengthening US dollar and a significant increase in US crude oil inventories. On the news front, Russia plans to reduce its oil exports through western ports by as much as 25% in...

investmentMr-X Updated 

Fundamentals: Due to the successive bankruptcies of two banks, including Silicon Valley Bank, market risk aversion has skyrocketed, leading to a large influx of funds into safe-haven assets such as gold, thus pushing up the price of gold. Such events have occurred frequently in the near term, and it is clear that short-term risk aversion is unlikely to...

investmentMr-X Updated 

Last week, although the development of the US dollar and risk appetite was beneficial to Bitcoin, the negative events that occurred within the cryptocurrency market impacted its performance. Technically, Bitcoin has temporarily held onto an important support line since January, and it remains to be seen whether it will rebound or break down this week. ...

investmentMr-X Updated 

The bullish trend is evident for next week: Last week, gold hit a bottom and gradually stabilized and rebounded from the 1809 level, turning around from the ADP report on Wednesday. Thursday and Friday saw two strong bullish candles, with the highest reaching $1870. The weekly candlestick formed a long lower shadow hammer, and the weekly candle has repeatedly...

investmentMr-X Updated 

During the semi-annual Congressional hearing, the Chairman of the Federal Reserve, Powell, used language indicating interest rate hikes, leading to a sharp rise in the US dollar and a collapse in non-US currencies. As a result, Bitcoin prices are expected to test the 20,000 mark once again. Fundamentals: "Currency circle" encounters disasters Fundamentally, the...

investmentMr-X Updated 

Fundamental outlook for gold: The key remains in US economic data, focus on next week's CPI report. Although February's non-farm payroll employment numbers were far higher than expected, rising unemployment rates and slowing wage growth have led to a reduction in the market's expectation for a 50 basis point interest rate hike at the March Fed meeting....

investmentMr-X Updated 

Following the remarks of the Chairman of the Federal Reserve, the market has returned to a state of volatility after two trading days of digestion. This volatility is unlikely to be broken before the release of US non-farm payroll data in February, and the market needs such adjustments to repair the impact of the previous sharp drop. Therefore, today's market...

investmentMr-X Updated 

As we approach Friday, it's clear that the impact of the US non-farm payroll data for February is significant. Powell's emphasis on accelerating interest rate hikes during his monetary policy testimony to the Senate on Tuesday resulted in a sharp decline in the price of gold. Powell reiterated his stance on Wednesday, stating that he would focus on economic data...

investmentMr-X Updated 

Tolerance is not weakness or submission, but rather the ability to understand others' difficulties, make up for their shortcomings, promote their strengths, and forgive their mistakes without jealousy, belittlement, mockery, or blame. Tolerance is about affirming oneself while recognizing others, and it is a state of treating life and others with kindness. Behind...

investmentMr-X Updated 

Following the remarks of the Chairman of the Federal Reserve, the market has returned to a state of volatility after two trading days of digestion. This volatility is unlikely to be broken before the release of US non-farm payroll data in February, and the market needs such adjustments to repair the impact of the previous sharp drop. Therefore, today's market...

investmentMr-X Updated 

When it comes to investing, don't expect everyone to understand you. Even if you do well, not everyone will like you, and even if you do a lot, not everyone will approve. After all, others care about the results and not the difficult process you went through. The same mouth can say different things, the same eyes can see different perspectives, and the same heart...

investmentMr-X Updated 

I am not God, not worthy of everyone's possession, and I am definitely not the US dollar, nor do I intend to let everyone have it. Aging is a compulsory course in life, while becoming mature is just an elective. When everyone is low-key, I choose to be high-profile, but I will never go off key. The road of investment is definitely not one-way, if one road...

investmentMr-X Updated 

Here we will use the United States as an example since it is a major world economy with significant influence and weight. Point 1: Release of important data For instance, the release of US non-farm payroll (NFP), employment data (ADP), initial jobless claims, CPI, GDP, PMI, etc. all have varying degrees of impact on the price of gold. Often, the release of...

investmentMr-X Updated 

Since February, gold has continued to decline and is currently priced at $1825 per ounce. Signals from multiple sources indicate that the Fed will maintain high interest rates for a longer period of time, which is unfavorable for gold and will have a negative impact on the metal market. The inflation section of the US fourth-quarter GDP report released on...