EUR/USD 1.18163
0.030%
Gold 3662.96
0.084%
Oil 63.429
-0.278%
USD/JPY 146.998
0.012%
GBP/USD 1.36229
-0.004%
GBP/JPY 200.259
0.018%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 18th, Nick Timiraos, the "Federal Reserve mouthpiece," stated: "When the Federal Reserve cut interest rates on Wednesday, it superficially looked like a routine monetary policy operation. The market reaction was relatively muted, and Chairman Jerome Powell largely avoided the heated disagreements sparked by the decision, despite it occurring against the backdrop of unprecedented political confrontation." The policy shift initiated by Powells rate cut on Wednesday may represent his last effort to demonstrate that an independent US central bank remains capable of guiding the economy in a complex environment, rather than surrendering its independence before officials more aligned with President Trumps priorities gain greater control. Powells term as chairman will end next spring. For the third time in his tenure, Powell attempted an extremely delicate maneuver: cutting interest rates not because a recession is imminent, but to prevent one.Nick Timiraos, the "Federal Reserve mouthpiece": This is the third time under Powells leadership that the Fed has begun cutting interest rates without facing a significant economic downturn. But given the more difficult inflation situation and political factors (the White Houses confrontational nature), the stakes in 2019 and 2024 will be different than they are now.New York Times CEO: Trump is using an "anti-media strategy."The Federal Reserve cut interest rates by 25 basis points as expected. Why did gold prices briefly rise before retracing all gains? Has the actual impact of previous interest rate adjustments truly lived up to expectations? The Futures Focus Timeline provides a summary.Japanese Chief Cabinet Secretary Yoshimasa Hayashi: We are monitoring the impact of the US economic situation on Japan.

Forecast for the price of gold: Gold Markets Give Up an Early Gain

Daniel Rogers

Jul 13, 2022 10:57

 截屏2022-07-12 下午5.37.37.png

 

Tuesday's trading session saw a little rally in gold prices, but those gains were quickly erased. Given that there have already been a few instances of sellers entering the market, it is more probable than not that the market will continue to drop lower. The $1750 level should continue to generate some noise. In the end, I believe that this market will continue to exhibit a lot of choppy behavior, mostly as a result of how strong the US dollar has been. That will continue to have a significant impact on both the gold markets and other commodity markets.

 

It is expected that the gold will decline and maybe approach the $1700 level if we break below the candle's bottom. The $1700 level has to be closely monitored because, based on all I can tell, a breakdown below it will trigger much more ferocious selling. In the end, I do not think this market has the momentum to change things anytime soon, at least not until we go well beyond the $1800 barrier, and it would almost probably have to do with a significant change in the bond markets.

 

You should only trade derivatives with funds you can afford to lose because doing so entails a significant level of risk to your investment. Trading derivatives may not be appropriate for all investors, so make sure you are fully aware of the risks and, if required, seek independent advice. Before engaging in a transaction with us, you should carefully review the Product Disclosure Statement (PDS), which is available on this website or upon request from our offices. Spreads starting at 0.0 pips are available with commission fees of USD $3.50 for every 100k transacted in raw spread accounts. Standard accounts provide spreads starting at 1 pip with no added commission fees. CFD index spreads begin at 0.4 points. Residents of any nation or jurisdiction where such distribution or usage would be in violation of local law or regulation are not the intended audience for the material on this website.

 

Considering this chart, it is likely that there will be a lot of commotion going forward, so pay attention to the size of your investment. You don't want to be overexposed in this market because, despite what the next move is, it's probable that we will have excessive noise and danger. This market, in my opinion, continues to experience a lot of harmful noise.


Suggestion