To The Moon

Hello eveyrone! Today i want to share some macro analysis with you!

1.

$XAU/USD(XAUUSD.FOREX)$ $Gold - main 2408(GCmain)$

Fed hawkish speech to help the dollar U.S. bonds, data is expected to support the gold still have rebound

On the trading day Tuesday (May 28); international gold / London gold bottomed out rebound to close the sun, maintain the recent stopping power, although the amplitude is not down when the strength of the big, but also enhanced the short-term bullish power, make the market is still expected to further rise touching the 10-day average of the target resistance.

Specific trend, the gold price since the Asian market opened at 2352.09 U.S. dollars / ounce, the first to maintain the end of Monday's disc resistance retracement trend, shock pressure running, continued to the end of the Asian plate quickly fell nearly 10 U.S. dollars, and in the beginning of the European plate touched the intraday low of 2340.20 U.S. dollars, shocked back to rise, continued to the end of the European plate session, the trend of the trend of the rapid pulling up touched the Asian plate highs, and then to the U.S. open, the trend of the trend of once again pulling up stronger, recorded the intraday high of 2363.20 U.S. dollars.

Recorded an intraday high of 2363.69 U.S. dollars, after a continuous fall to 2350 U.S. dollars below, but the majority of the force back to 2360 U.S. dollars above, although the last again encountered obstacles to fall, but the overall is still in the strong, and to maintain the oscillation of the strong, and ultimately closed at 2361.04 U.S. dollars, the daily amplitude of 23.49 U.S. dollars, closing up 8.95 U.S. dollars, up 0.38%.

2.

United States in May Richmond Fed manufacturing index, the market is expected to bias negative gold prices. But is expected to support can cause a short-term fallback market, in addition, yesterday, the Minneapolis Fed President Kashkari: the possibility of a rate hike is very low, but do not think that some people ruled out this possibility; is expected to cut interest rates this year will not be more than 2 times.

On the surface of the release of hawkish comments, but in fact is also dovish views, because it implies a rate hike although possible, but the possibility is very low, and the end of the year will still cut interest rates, which to a certain extent, is good for the gold price, so the gold price is still supported yesterday and rise back to hold steady to close the sun. Daily level: the gold price daily chart continuous stop falling back up, back to the middle rail line and 30 days above the average, the strength of the bulls enhanced, but still did not break through the 10 weekly average above the stabilisation, it is implied that the trend is still not change the downtrend, then the following is still expected to go down to touch the 60 day average support target, and then go to see the rebound, and vice versa, break through the stabilisation of the 10 weekly average (2377) above the rebound is expected to rebound to 2420 U.S. dollars near. Intraday attention to 4 hours and 1 hour short-term operation can be. 　　

Specific real-time single notification to pay attention to the real position guidance information. 　　

Preliminary intraday point reference: 　　

International gold: below the attention of 2355 near support, and 2347 near support; above the attention of 2371 near resistance, and 2379 near resistance; trading on the selling transaction is mainly!

3.

XAUUSD continued to adjust today, reaching a low of around 2333.8, mainly because the US dollar index rose, causing XAUUSD to fall. Next, we need to focus on the support around 2332-33. If it successfully breaks through the key support, it will reach 2322!

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