On the Russian-Ukrainian issue, Trump’s recent attitude has shifted, saying that if Russia is unwilling to reach an agreement, the United States is ready to impose tariffs. Ukraine, with the support of the European Union, has the ability to reclaim all lost land, and NATO countries should shoot it down when Russian aircraft enter NATO’s airspace.
On the same day, EU Commission President Von der Leyen met with Trump in a statement on social media that Europe introduced the 19th round of sanctions to increase economic pressure on Russia, including a ban on Russian LNG imports and extending the scope of sanctions to third-country refineries and oil traders.
Goolsbee of the Federal Reserve said that a 50 basis point rate cut is not currently being considered, and eventually the Fed interest rate may stabilize at around 3%. The Federal Reserve's Bowman said it expects to cut interest rates three times in 2025. Federal Reserve Bostic believes that the current real neutral interest rate is 1.25%; Some stage in the future may support setting the inflation target range at 1.75% to 2.25%.
In the early morning, Federal Reserve Chairman Powell delivered a speech on the economic outlook. He said: U.S. economic growth has slowed down, the unemployment rate has risen slightly, and inflation has fallen from a high level but has recently risen, and is still higher than the 2% target. He mentioned that the impact of changes in trade, immigration, fiscal and regulatory policies on the economy remains uncertain. In response to economic changes, the Federal Reserve cut the federal funds rate by 25 basis points to a range of 4%-4.25% at its recent meeting, emphasizing that policy will be flexibly adjusted based on data and economic outlook.
Powell believes that policy rates remain slightly restrictive, but allow us to better cope with potential economic developments.
Powell stressed that our policies are not predetermined.We will continue to determine the appropriate policy positions based on the latest data, future changes and risk balance.We are always committed to supporting maximum employment and bringing inflation back to the 2% target sustainably.
According to the Federal Reserve, Powell called the interest rate "moderate limitation" and opened the door for future interest rate cuts, which means that the market believes the interest rate cuts cycle is opened.
Gold market review
Yesterday, the international gold continued to rise, recording the 37th historic high since this year, the highest in the day at $3790.9 per ounce; in the U.S. discourse, after the speech of Federal Reserve Chairman Powell, the Japanese line closed near the Sun line at $3763.6, with $30 on the line. Silver was stronger, yesterday continued to reach the new high of the year, the highest at $44.46 per ounce, then back down, the Japanese line closed with a cross. The COMEX gold futures price opened the door to $3800, once jumped to $3824.60 / ounce, and finally closed at $3796.9 / ounce. As of now, the gold in the year has increased more than 40% and the white silver has increased more than 50
Currently gold.
Gold has risen rapidly in the last few trading days, and this round of multi-headed, gold since the 3311 rise, is currently at the highest level of more than 3759, up close to $ 450; the largest and fastest rise in history occurred in April this year, after the peer-to-peer tariff news, gold 2957 has steadily reversed, in the short 10 trading days gold has risen more than $ 540, recording the gold's history's fastest rise, the largest wave of multi-head.
In this round, we have given two calculation methods for the gold long target. According to the last time the gold limit increase was $540, 3311 started to rise, so the long target limit of this round is in the area of $3850; According to the box shock breakthrough theory, gold fluctuated between US $3,500 and US $3,120 for 4 trading months, breaking through US $3,500 upward, with a theoretical range of US $3,880. Both of the above are extreme increases, which are theoretically difficult to achieve under normal circumstances; In other words, gold is continuing to accelerate its rise at the moment, and the focus is on risks, rather than mindlessly chasing the rise. However, in extreme cases, the possibility of breaking historical records is not ruled out; However, this possibility is very low.
The golden five-hour line indicates a very strong multi-heads; but in the horizon, yesterday has reached the edge pressure on the parallel channel; so, the next focus is on preventing the backdrop adjustment.The day line and the 4-hour level view, yesterday the 3791 area basically touched the counter-trend pressure near, yesterday was also the adjustment after the 3791 opened, the day line above the shadow of the Sun line closed.
After the continuous rise of gold, today, we are first focused on the adjustment of the situation; the suppression of the new high region above, the breakthrough of the pre-empty adjustment as the main; the upward breakthrough, the rise of the situation is also accelerated, further focusing on the 3800 high mark, then the $ 3815 region. The lower support, the current focus support is located in the morning low point of the 3750 region, there is more resistance before the break, once the break is expected to open the depth adjustment, further yesterday low point of the 3735 region, then the 3712 and 3700 to the 3680 region.
In the operations of the day, today more and more need to be careful, focusing on high air, focusing on new high region suppression; such as multi-headed rebound, 3775 ~ 80 suppressed participation. many words, patience and other adjustments after participation.
The International Silver,After three days in a row, the multi-headed forces got a certain release, yesterday the 44.5 region dropped, the short line attention adjusted; adjusted the target 5 and the 10 day average, the price focused on the 43 region, then the 42.3 and 41 US dollars.
Shanghai gold and silver and Rongtong gold,Shanghai Gold Bank and Fusion Fund basically follow international gold and silver, but the premium size is only a matter; in operation, following international gold operations, it is necessary to carry a good stop loss.
The above personal opinions are for reference only and are not used as a basis for operation.