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$USD/MYR (USDMYR.FX)$ 4.5 mid of Nov
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$XAU/USD (XAUUSD.CFD)$ What platforms does everyone use for trading, and are there any good platforms to recommend?
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$XAU/USD (XAUUSD.CFD)$
XAUUSD H1
The latest minutes of the Federal Reserve meeting released yesterday showed that officials are inclined to cut interest rates in September. Some officials believe that keeping interest rates unchanged will increase drag on economic activity as inflationary pressures continue to cool. There are also officials who believe that there is an increased risk in the job market, and the market believes that maintaining a dovish stance. At the same time, the United States delayed the release of revised data on March non-farm payrolls, with 818,000 fewer new job positions added in the past 12 months compared to previous reports, further strengthening the market's view of the US embellished data. The market is currently expecting the Fed to start cutting interest rates three times consecutively within the year from September, which makes gold more attractive. However, in terms of geopolitical issues, negotiations on a ceasefire in Gaza have reached an impasse, and the meeting in Cairo later this week is feared to be fruitless. The market continues to pay attention to the Jackson Hole meeting on Friday evening.
From a technical perspective, gold closed almost flat yesterday, testing the 2500 level again during the day, with a new low of 2494 set yesterday and diminishing upward momentum. Facing resistance at 2520 during the day, it is crucial to observe the price movement near this level, short-term prices may continue to be suppressed, pay attention to the correction of gold.
The first resistance level is at 2520, the second resistance level is at 2525, and the third resistance level is at 2530.
The first support level below is at 2510, the second support level is at 2500, and the third support level is at 2495.
This recommendation is for general guidance only...
XAUUSD H1
The latest minutes of the Federal Reserve meeting released yesterday showed that officials are inclined to cut interest rates in September. Some officials believe that keeping interest rates unchanged will increase drag on economic activity as inflationary pressures continue to cool. There are also officials who believe that there is an increased risk in the job market, and the market believes that maintaining a dovish stance. At the same time, the United States delayed the release of revised data on March non-farm payrolls, with 818,000 fewer new job positions added in the past 12 months compared to previous reports, further strengthening the market's view of the US embellished data. The market is currently expecting the Fed to start cutting interest rates three times consecutively within the year from September, which makes gold more attractive. However, in terms of geopolitical issues, negotiations on a ceasefire in Gaza have reached an impasse, and the meeting in Cairo later this week is feared to be fruitless. The market continues to pay attention to the Jackson Hole meeting on Friday evening.
From a technical perspective, gold closed almost flat yesterday, testing the 2500 level again during the day, with a new low of 2494 set yesterday and diminishing upward momentum. Facing resistance at 2520 during the day, it is crucial to observe the price movement near this level, short-term prices may continue to be suppressed, pay attention to the correction of gold.
The first resistance level is at 2520, the second resistance level is at 2525, and the third resistance level is at 2530.
The first support level below is at 2510, the second support level is at 2500, and the third support level is at 2495.
This recommendation is for general guidance only...
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$XAU/USD (XAUUSD.CFD)$
just took a small position.... can go to sleep already
just took a small position.... can go to sleep already
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$XAU/USD (XAUUSD.CFD)$
time to sleep! wait for the market tomorrow and fight again!
time to sleep! wait for the market tomorrow and fight again!
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