$AUD/USD (AUDUSD.FX)$
AUDUSD H4
Last night, the US released a series of data and statements from Federal Reserve officials, once again weakening the expectations that the Federal Reserve will speed up interest rate cuts by 50 BP in the September 18 interest rate decision. The US dollar index also rebounded slightly at the bottom of the year. The rise in the US dollar led to the decline of the Australian dollar yesterday, but compared to Australia's comprehensive PMI data, which rose from 49.9 below the boom and dry line to 51.4, the data made the market still firmly believe that the Federal Reserve Bank of Australia will be the latest central bank in the world to adjust interest rates in the near future. The Australian dollar was supported to a certain extent by interest spread factors. Markets focused their attention on Powell's speech at the Jackson Hole conference tonight. It has a huge impact on the Australian dollar in the short term.
Technically, the trend of the Australian dollar is in line with previous analysis. The Australian dollar is overbought, and the slope will be adjusted again in the short term. Yesterday, the market also broke through the low of the previous two trading days and made a correction. The price fell back into the previous upward channel. It was supported around 0.670 during the day, and finally closed at 0.671. The upper 0.675 position has been blocked for three consecutive trading days, indicating that the upper resistance is still obvious. Currently, the idea remains unchanged. The short-term correction of the Australian dollar focuses on support at the lower end of the upward channel.
Upper line resistance 0.673, second line resistance 0.675, third line resistance 0.676.
The lower first line supports 0.671, the second line supports 0.670, the third line...

$XAU/USD (XAUUSD.FX)$
XAUUSD H1
Last night, the US released a series of data. The initial value of S&P's global manufacturing PMI in August was 48 below the boom and dry line, a new low in 8 months. The service sector PMI recorded 55.2, which was higher than expected. Existing home sales increased for the first time in five months in July. In addition to the remarks made by Federal Reserve officials yesterday, the revised non-agricultural data did not change the view on policy. Interest rate cuts are expected to begin soon; the pace of interest rate cuts will be gradual. As long as there are no surprises in the data, it is necessary to start the process of cutting interest rates; the end of the easing cycle may keep the federal funds rate at about 3%; and the US unemployment rate may rise to slightly below 5%. The Federal Reserve's speech was gentle and gave feedback to the market that it would not cut interest rates by 50 BPs faster in September. This also caused the 50 BP rate cut expectations shown in CME data this morning to fall below 25% from 30% + yesterday. The US dollar index also rose as expectations of interest rate hikes and interest rate cuts weakened, rising from 101 to 101.5. The upward movement of the US dollar allowed the price of gold denominated in US dollars to decline. It declined from a high level of around 2515 to a minimum of 2471 during the day, and finally closed back above 2480.
On the technical side, yesterday morning's analysis and afternoon trading release all mentioned paying attention to gold's correction. After gold pulled back to the 2,500 position in early trading, it continued to decline in the evening in line with fundamental data, and quickly recovered at the 2480 position. Gold has now turned weak in the short term. Although it is still within the previous upward channel, the new...

$XAU/USD (XAUUSD.FX)$
The release of gold during yesterday's European session was in perfect line with the analysis. Today's analysis was released later

$XAU/USD (XAUUSD.FX)$
XAUUSD H1
The latest minutes of the US Federal Reserve meeting released yesterday show that officials prefer to cut interest rates in September. Some officials believe that as inflationary pressure continues to cool down, keeping interest rates unchanged will increase the drag on economic activity. Other officials believe that the risks facing the job market have increased, and the market believes that it will continue to maintain a dovish stance. At the same time, the US delayed releasing the revised data on the total number of non-farm payrolls for March. The number of new jobs added in the past 12 months decreased by 0.818 million compared to the previous report, further increasing the market's opinion on the US whitewash data. The market currently anticipates that the Federal Reserve will cut interest rates three times in a row during the year starting in September. Interest rate cuts will make gold more attractive. However, on the geopolitical side, the cease-fire negotiations in Gaza are at an impasse, and the meeting in Cairo later this week is likely to be of no avail. The market continues to keep an eye on Friday evening's Jackson Hole meeting.
On the technical side, gold recovered almost flat yesterday. The 2,500 mark was tested again during the day. The price hit a new bottom of 2494 yesterday, and the upward momentum weakened. It was blocked at 2520 during the day. Focus on price trends around this price level. Prices may continue to be suppressed in the short term, and watch for gold's correction.
The upper line resistance is 2520, the second line resistance is 2525, and the third line resistance is 2530.
The lower first line supports 2510, the second line supports 2500, and the third line supports 2495.
This is a general recommendation only...

$AUD/USD (AUDUSD.FX)$
AUDUSD H4
The Australian dollar made several attempts to break through 0.675 yesterday to no avail, and the price fluctuated. Currently, there are only two major central banks left in the world that have not adjusted interest rates in 2024, leaving only the US and Australia. In the minutes of the Australian Federal Reserve meeting on Tuesday, the Reserve Bank of Australia continued to hawk signals that it would extend current interest rates. It also said that if inflation increases significantly, it is reasonable to raise interest rates immediately, and maintain high interest rates to ensure that inflation returns to the target level next year. Not only did the whole story not discuss interest rate cuts, it even discussed the possibility of interest rate hikes. Meanwhile, the Australian Federal Reserve's delay in cutting interest rates has supported the Australian dollar to a certain extent.
On the technical side, in line with the previous analysis, the upward slope slowed. It fluctuated slightly and closed yesterday. The upper resistance of 0.675 was obvious, and the lower 0.673 support was strong. Currently, the general trend remains unchanged, and it may turn volatile in the short term, focusing on Powell's speech at the Jackson Hole conference on Friday. The analysis remains unchanged,
The upper line resistance is 0.675, the second line resistance is 0.676, and the third line resistance is 0.678.
The lower first line supports 0.673, the second line supports 0.671, and the third line supports 0.670.


# All points are based on FPG, and this recommendation is only general and does not take into account your specific financial situation and needs. Investments involve risk, so be sure to evaluate them carefully. #

$AUD/USD (AUDUSD.FX)$
AUDUSD H4
The minutes of the Australian Federal Reserve meeting were released yesterday. The Reserve Bank of Australia sent a signal to extend current interest rates. It also said that if the risk of inflation increases significantly, it is reasonable to raise interest rates immediately; maintaining high interest rates and maintaining inflation can return to the central bank's target level next year. Not only did the whole story not discuss interest rate cuts, but they even discussed the possibility of interest rate hikes, while other major central banks in the world have all begun to relax their monetary policies. Currently, there are only two central banks left, the US and Australia, and the Federal Reserve is almost certain to cut interest rates on September 18. The market is also focusing on the minutes of the US Federal Reserve meeting in the middle of tonight and Powell's speech at the Jackson Hole meeting on Friday. If the two sides have huge differences in their interest rate policy prospects, it may further boost the Australian dollar.
On the technical side, the Australian dollar continued to rise, hitting 0.675. This range is the first position of the highest decline in the year. Currently, the Australian dollar has been overbought in the short term, so beware of a correction slope for price recovery. Looking at the general direction, the Australian dollar remains strong. It is already in the 0.671 position, and beware of a pullback in the short term.
The upper line resistance is 0.675, the second line resistance is 0.676, and the third line resistance is 0.678.
The lower first line supports 0.673, the second line supports 0.671, and the third line supports 0.670.
#此建议仅为一般性建议，未考虑到您的具体财务状况和需求。 Investments involve risk, so be sure to evaluate them carefully. #

$XAU/USD (XAUUSD.FX)$
XAUUSD H1
Gold once again became the focus of yesterday's market. Without much fundamental influence, it continued to reach a record high of 2531. Over the past three trading days, gold has successively stood on two key platforms, 2480 and 2500. Driven by the uncertainty of geopolitical risk aversion, rising expectations of interest rate cuts from the Federal Reserve, and strong demand from the central bank, gold has been making great strides this year, becoming one of the best-performing major commodities. Federal Reserve Chairman Bowman also said last night that if inflation continues to decline, he will support interest rate cuts. The market is focusing on the minutes released by the Federal Reserve tonight - early tomorrow morning, and the Jackson Hole meeting on Friday evening. This meeting is one of the most important central bank events in the world. At that time, Federal Reserve Chairman Powell and Bank of England Governor Bailey will all speak at the conference. The market will find more guidance to cut interest rates based on their words.
Technically, gold remained in the upper half of the upward channel. After hitting a record high of 2531 last night, backtesting was effective at the 2,500 integer mark, and continued to close 2513 higher at the close. This means that the current price has moved from the main support to the 2480 platform to the 2,500 platform. Above these two positions, gold remains strong.
The upper line resistance is 2515, the second line resistance is 2520, and the third line resistance is 2530.
The lower line supports 2510, the second line supports 2500,...

$XAU/USD (XAUUSD.FX)$ XAUUSD H1
Gold settled around 2,500 yesterday, fell to an intraday low of around 2,485, and closed back 2,500. Gold prices have risen more than 26% from their lowest position this year, driven by the Federal Reserve's interest rate cut expectations, geopolitical safe-haven factors, and central banks' support for gold. As far as this week is concerned, the market's focus is on the Middle East's Palestinian-Israeli cease-fire negotiations and the threat from Iraq and Israel, as well as Powell's public remarks. Judging from historical trends, there is a negative correlation between the US dollar and gold. The downturn in the US dollar led to a rise in gold. In the past, when the US entered the interest rate cut cycle, only when the US chose a hard landing during the 2008 financial crisis, every interest rate cut cycle led to a rise in gold. Although the current forecast for a hard landing in the US is less than 25%, the market is still full of uncertainty.
On the technical side, gold rose strongly on Friday. It was sorted out yesterday Monday. The intraday low hit around 2,485, but all of them opened and closed above 2,500. Since the global collapse on August 5, the price of gold has continued to fluctuate upward in the upward channel. The central axis of the channel divides the price. The price rebounded after yesterday's low hit the central axis, and is currently in the upper half of the movement. We need to pay attention to the supporting effect of the central axis on the gold price. Enter the market carefully, follow the trend, and stop losses strictly.
The upper line resistance is 2510, the second line resistance is 2515, and the third line resistance is 2520.
The lower line supports 2500, the second line supports 2...

$AUD/USD (AUDUSD.FX)$
AUDUSD H4
The Australian dollar has maintained a strong rise. The Australian Federal Reserve Chairman's many statements have revealed that the Australian Federal Reserve did not cut interest rates this year. Australia and the US are currently the only major central banks in the world that have not adjusted their interest rate policy this year. As the Federal Reserve's interest rate decision next month approaches, the market expects the Fed to cut interest rates by 25 basis points in September, and there is still a 25% chance that it will cut interest rates by 50 basis points. As a result, the US dollar index fell back to the low level of January 2 this year last night. Interest rate differences between the central banks of the two sides have led to more spread trading, and the weakening of the US dollar has led to the strengthening of the Australian dollar. Currently, the focus of the market is returning to Powell's public statement this week, and we will look for more clues about the Fed's interest rate cut in his speech.
On the technical side, the Australian dollar rose strongly, and yesterday's fall in the US dollar led the Australian dollar to break the upward channel. The originally smooth upward slope suddenly became steeper. Currently, the Australian dollar has repaired all of its declines since mid-July in just 11 trading days, and has risen strongly by 6% from a low level. Currently, the price has returned above 0.671. Early trading was slightly blocked around 0.673. It is possible that in the short term, the price will readjust the upward slope of the fluctuation, and the direction of thought will not change.
Upper line resistance 0.673, second line resistance 0.675, third line resistance 0.676.
The lower first line supports 0.671, the second line supports 0.670, and the third line supports 0.668.
This recommendation is for general purposes only...

$XAU/USD (XAUUSD.FX)$ XAUUSD H4
Gold once again reached a new record high and closed at a high level. The weekly level was the biggest K-line physical rise since March Gold was 2,300. SPDR Gold Trust, the world's largest gold ETF, increased its holdings by 2.02 tons and 7.19 tons on the 15th and 16th, respectively, the biggest increase in single-day holdings since June 20. According to CME data, the market's possibility that the Fed will cut interest rates by 50 basis points in September has fallen below 25%, and the US dollar index also fell below 103 on Friday, falling straight back to around 102.4. The dollar's decline led to a rise in dollar-denominated gold. On the geopolitical side, the cease-fire agreement in the Middle East has been blocked, and Belarus claims that the military has been deployed across the entire border with Ukraine. Risk aversion heats up at any time.
On the technical side, gold directly overthrew the previous peak around 2480 on Friday. Currently, 2480 may change to a top-bottom transition level, which is also an important support level for gold in the near future. The gold market changes extremely fast, and ideas need to be adjusted in a timely manner. Since there is no historical reference above, every 10 US dollar integers are used as resistance. Enter the market carefully, follow the trend, and stop losses strictly.
The upper line resistance is 2510, the second line resistance is 2515, and the third line resistance is 2520.
The lower line supports 2500, the second line supports 2490, and the third line supports 2480.
This is a general recommendation only and has not been examined...