This Thursday, gold temporarily stabilized near the $1,820/ounce line at the beginning of the session, and the gold price rose slightly during the day , and the gold price range fluctuated.
In early Asian trading on June 30, Beijing time, the US dollar index fell slightly and is currently trading around 105.09. The dollar index rose on Wednesday and the euro fell. Earlier, Federal Reserve Chairman Jerome Powell said that the biggest risk to the U.S. economy is persistently high inflation, rather than raising interest rates that would significantly slow economic growth.
Powell said it was certainly possible to devise austerity policies that would avoid tipping the U.S. economy into recession, but he added that the chances were small and there was no guarantee of success.
Gold sits firmly on the bottom structure, gold 1812 can be directly more, at the same time, 1815 is the first line, 1818 can be wet first, 1808 can be studded, the support level below is firm, and it has failed to break down the 1808 line for half a month.
The four-hour line of the gold price shows a structure in which the bottom is in prison. The k-line has never been able to penetrate the 1812-1810 area. This is the structure of the concrete that has just entered the house, and the diamonds have failed to penetrate. This is a strong support level, and the bottom continues to close. The shadow line below the line, the Bollinger Band track shows obvious signs of slowing down, it is inevitable for the K line to rush out of the middle track, the opening has turned up, and more, 1812 is directly more.
According to the gold market center of Jintou.com, at 9:59 Beijing time, the spot price of gold today was temporarily reported at $1819.03 per ounce.