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General The minutes of the Fed meeting differed. The trend of the gold price continued to fluctuate

jerry0821

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The Federal Reserve (Fed) announced the minutes of the interest rate decision meeting at the end of July at 2 am on the 22nd, Beijing time. The decision-making officials disagreed on whether to cut interest rates, but they all hoped that they did not follow the premise of further interest rate cuts. This news made the US President Trang Pu is quite dissatisfied. The minutes of the meeting showed that the FOMC decision-making officer decided to cut the benchmark interest rate by one yard (25 basis points), and the vote ratio announced at that time was 8:2. Several of them are in favor of a sharp cut of 50 basis points (2 yards) to help raise the sluggish inflation rate to 2% of the target level and mitigate the impact of global trade frictions, but more officials are in favor of the current stage. There is no need to cut interest rates. At present, the Federal Reserve (Fed) is facing increasing pressure on interest rate cuts, there is the market expectation, and President Trump has always stressed the need to cut interest rates sharply, but the decision-makers agreed in the July meeting that they did not want to leave them outside. The plan is to further open the impression of the interest rate cut cycle, so the market is still reminded to observe the subsequent changes in inflation and economic data and use MT4 to watch more information, and then make the next policy adjustment.

MT4 Technical Analysis (Gold XAUUSD):
MT4 platform today gold (August 22) early in the morning at 1502.2 US dollars / ounce, from the technical analysis, 4 hours of observation trend Bollinger passages continue to shrink, representing the market wait and see attitude, waiting for the direction to clear, you can see the map The gold return level of 0.382 and 0.618 continued to fluctuate, so there is a chance to make a small rebound from 0.382


At present, the pressure range above the short-term line is located at 1513~1513.5 US dollars/ounce. In the downward direction, the initial support range is 1495~1495.5 US dollars/ounce. The operation mentality is mainly short. The investors who want to enter the market for a short time can consider the price at 1501 US dollars/ From the ounce to the $1503.5/oz range, you can buy a light position and the stop loss can be set below $1498.5/oz.

MT4 Technical Analysis (EUR/USD EURUSD):
MT4 platform today EUR/USD (August 22) Early in the vicinity of 1.10833, from the technical analysis, the 1 hour level observation trend once again pulled back to the bottom to have the opportunity to form multiple bottom forms, while the pullback is not broken before the low, so there are There is a rebound in the bottom of the opportunity at the bottom of the opportunity.

At present, the pressure range above the short-term line is located at 1.11200~1.11250, in the downward direction. The initial support interval is 1.10750~1.10800. The operating mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 1.10850 to 1.10900 range. The stop loss point can be considered to be set below 1.10815, and you can use MT4 as a stop loss.

MT4 Technical Analysis (GBP/USD GBPUSD):

MT4 platform today sterling / US dollar (August 22) Early in the vicinity of 1.21199, cut from the technical analysis, 1-hour line-level observation trend increased after pulling back to stabilize, K shortened the power to once again go down a rising wave, so there is Opportunities continue to rise.

At present, the pressure range above the short-term line is located at 1.21850~1.21900, the downward direction, the initial support range is from 1.21050~1.21100, and the operation mentality is mostly short. Investors who want to enter the market for a short time may consider buying in the 1.21250 to 1.21290 range. The stop loss position can be considered to be set below 1.21180.
 

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