Important news
Beijing time on Wednesday evening, the US Ministry of Labor Statistics announced data. In March, the annual rate of PPI, the PPI of the producer price index (PPI), was lower than the expected higher than the previous value.At the same time, the number of unemployed golds in the early week of the week was also lower than the previous value and expectations.The PPI data rose slightly in March, and the impact of the rise in service prices was offset by the decline in the price of the product, which relieved investors' concerns about inflation.In addition, Fed officials said: Recent data hints that before starting to relax the policy, it may need more time than I thought before, so as to be more confident in the decline of inflation.
Geopolitics: The Middle East negotiations are difficult to progress. A U.S. official said on Thursday evening that Iran is expected to launch an attack on Israel, but the scale is not enough to make Washington involved in the war.Russia and Ukraine's conflict continues, and the hedging emotions caused by geopolitics still promote gold to buy.
Variety analysis:
Gold: The bulls are still strong. In the future, any pigeon speech in the Federal Reserve may help the gold. On Friday, the spot gold has reached a record high again on Friday.At the same time, investors need to be alert to the dangerous signals issued in the market at any time.
Technical aspect:
The gold bulls of spot gold are strong, and the upper distance is not far from the $ 2,400/ounce mark, and the lower support is 2377-2368-2360.The pressure above is 2400-2420.
Gold Futures Popular Operation
CMX gold futures main contract supports 2395-2386-2378 below. The operation price is adjusted to the support line. There is a clear K-line reversal combination.Below a K-line at the lowest price, the target looks at 2400-2420.
Gold Futures short operation
The pressure above the main contract of CMX gold futures is 2420-2437. The operational waiting price has a obvious K-line reversal combination near the pressure line or after the new high.At the highest price of a K-line, the target looks at 2395-2386.
