**After surging more than $60 last week, it opened Monday with another $40 gain, hitting the 2120 level.
After starting a further offensive against Palestine and paralyzing Gaza, it turned to the Palestinian capital. After the exit of the Palestinian prime minister, it can be said that the whole of Palestine fell into a leaderless riot, admitting unbridled aggression and harvesting. The purpose is also very clear, which is to target the entire Palestinian territory and intend to occupy the entire Palestinian state.
The situation in the Middle East is like this, and the Russia-Ukraine conflict is also very tricky. The 13 countries of Europe and the United States jointly conducted a military exercise with 20,000 people, and the provocation intensity was unprecedented, and NATO may directly face the risk of participating in the war. If Trump comes to power, it means a strategic turn at any time, which is not good for the entire West.
In addition, as the U.S. economic indicators continue to be unannounced, the banking industry is once again facing the risk of a thunderstorm. For the Fed, a quick rate cut is particularly crucial, and last night reiterated the expectation of a first rate cut.
*After hitting the 2079 level yesterday, it continued again**, reaching a maximum of the 2120 level.
Today it fell back to the position adjustment of 2110 again, and then continue to see the adjustment and ** continuation.
Under the strong ** last night, we will continue to pay attention to the continuation of ** today and continue to look at the position of challenging 2120.
A break above this level again continues to see resistance at 2140 under pressure.
At the same time, it is below the 2120 position, and it has fallen back again, and the support of the 2096 position is seen first.
The support of this position is effective, and the overall continuation of the ** continues, and the position of the challenge of 2120 continues.
* If the correction continues and falls below the 2096 level, continue to see the support at the 2079 level.
*After 3 consecutive months** adjustment, it once again ushered in a reversal and broke through the 2100 mark, and under the strong situation, it once again continued to look at the previous high position of 2140. At the same time, keep an eye out for opportunities for a pullback correction, with the 2050 area visible below.
In terms of operation, under the reversal of the sharp rise, continue to look at the continuation and pay attention to the opportunities to go long in 2079 and 2096. Also, with the upside approaching key resistance areas, watch for opportunities to go short at 2120 and 2140.
OPEC continued to postpone production cuts, but the U.S. Strategic Petroleum Reserve inventory also continued to fill and continue to increase.
Yesterday, it fell back again, and the lowest touched 785 below the position.
Today again, first see the support at the 78 position.
This position support is effective, again**, continue to look at 795 of the range of ** adjustments.
As well as another break above 795 position, continue to see 808. Resistance is under pressure.
At 79Below the position of 5, it continued again, fell below the position of 78, and continued to see 765 positions of supports.
Today, Tuesday, ushered in today's key U.S. economic indicators, especially the U.S. manufacturing PMI and factory orders month-on-month. Continued attention to economic indicators will be a reference for tonight's Fed speech.
Overnight, the price of gold hit another all-time high.
As we have said before, the only attribute of ** is risk aversion. Although the Fed's policy can affect the price of gold, it is still limited on the whole, especially in the general trend, and the strength of the dollar only adds fuel to the fire, and cannot play a decisive role.
On the contrary, the black swan and the gray rhinoceros are the biggest factors in the big trend of the gold price, and the situation between Russia and Ukraine has also dropped to the front, NATO has basically begun the process of turning its face, and Macron is not a simple remark, especially the United States has long been eager to try.
Russia has directly eliminated the dollar system, and as an oil power, it directly threatens the status of the dollar. Without the support of the US dollar, US bonds and US stocks are just castles in the air, and plantains in the rain are facing collapse at any time.
Another military compromise would mean that the sunset of US military hegemony would not be able to support the further chain of global interests of the United States. The risk avoidance is not stopped, only ** soars again.