Daily discussion of gold | US dollar maintains strong, international gold prices are stubborn resistance

Today's guest: Chengdu Fengye Co., Ltd. Lu Jun

The international gold prices in the past two trading days this week have shown a high decline. On Tuesday, the international gold price rose to $ 1727/ounce on Tuesday, approaching the $ 1730/ounce mark, but eventually hindered. And the international gold price in the market fell below the $ 1700/ounce platform again, and the daily line received an obvious rushing and falling inverted hammer line. From the perspective of daily levels, the short -term international gold price still maintains a weak pattern.

The market is still arguing about the Fed's interest rate hike in September, and at this time, the Australian Fed chose 50 basis points to raise interest rates, which is also the Fed of Australia's four consecutive increases of 50 basis points. As a developed economy, the Australian Fed of Reserve will also bring reference significance to the market. The interest rate resolution near the European Central Bank is still unable to determine whether the European Central Bank chooses 75 basis points.

At present, European problems are the most complicated, which may have an impact on the European Central Bank's determination. And whether the Fed's recovery of 75 basis points is still a topic of argument. After all, non -agricultural employment data is not optimistic in August, and the employment market has a significant risk of falling. In July, the US Consumer Price Index (CPI) data fell sharply, which brought hope to the Fed's monetary policy. The recently announced US economic data is uneven, which has made the market's concerns about the downlink risk of the US economy. Under the background of the Fed's 75 -basis point at 75 basis points, the US dollar index and US debt yields performed very firmly, which makes the current international gold price facing a lot of downward pressure.

Judging from the current trend of international gold prices, despite maintaining a weak pattern, gold prices are in low -level areas during the year, but there is also relatively obvious support below. Although the international gold price fell to $ 1688/ounce last week, the highest rose to $ 1727/ounce this week, which shows the support below. At present, international gold prices are maintained at low oscillations. The author believes that it is still at the current market, and pays attention to the competition of $ 1700/ounce in the day.

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