Data Golden September 28th, China Construction Investment Research report pointed out that the recent Fed’s September interest rate cut expectations warmed up, gold prices broke through $2500. The rate cut is Informasi menguntungkan for gold prices, but the market has traded relatively fully, and the rate cut may instead present the risk of “buying expectations, selling facts.” Gold is currently overdrawn at the 2500 level, and it is recommended to do swing trading at high levels in the short term. The oscillation range is 2300-2500 US dollars, and there is limited room for further pumping before the end of the year.
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中信建投:黄金短期建议高位Swing Trading,2300-2500美元区间震荡
Data Golden September 28th, China Construction Investment Research report pointed out that the recent Fed’s September interest rate cut expectations warmed up, gold prices broke through $2500. The rate cut is Informasi menguntungkan for gold prices, but the market has traded relatively fully, and the rate cut may instead present the risk of “buying expectations, selling facts.” Gold is currently overdrawn at the 2500 level, and it is recommended to do swing trading at high levels in the short term. The oscillation range is 2300-2500 US dollars, and there is limited room for further pumping before the end of the year.