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The Fed's chaos pushes risk aversion, gold and silver continue to rise higher
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Hello everyone, today XM Forex will bring you "[XM Forex Official Website]: The Federal Reserve promotes risk aversion due to chaos, and the gold and silver sun continues to rise." Hope this helps you! The original content is as follows:

Yesterday, the gold market opened at the position of 4589 in early trading. After that, the market first retreated to the position of 4587.9, and then the market fluctuated strongly and rose. The daily line set a new high of 4643.4 and then consolidated in late trading. After the final closing line is at 4624.9, the daily line closes with a big positive line with a long upper shadow line. After the closing of this form, the bottom is 3325 and 3322, 3368-3370 is long, and 3377 and 3385 are long. The long positions of 3563 and 3563 were reduced and the stop loss was followed up at 4000. The previous week's long positions of 4176 and 4174, the long positions of 4187 and 4184, and the long positions of 4208 and 4205 were followed up and the stop loss was held at 4210. Last Friday, 445 After reducing the long position of 5, the stop loss is followed up at 4460. Today, the stop loss is 4594 for the long position of 4600. The target is 4620, 4635 and 4644, and the break position is 4656 and 4662-4670

The silver market first fell after opening at 87.192 yesterday. The daily minimum reached a daily low of 86.771 and then the market rose strongly. The daily maximum touched a position of 93.509 and then consolidated. , after the daily line finally closed at 93.206, the daily line closed with a basically saturated big positive line. After finishing in this form, there is still a long demand today. In terms of points, the bottom is 37.8 and the 38.8 is long at 50.75.After the long reduction of 52.7, the stop loss is followed up at 68. Today, the long stop loss of 91.5 is 91.2. The target is 93, 93.5 and 94-95.

European and American markets opened at 1.16441 yesterday, and then the market first rose to reach the daily high of 1.16616, and then fell back. The daily low reached the position of 1.16345, and then the daily line finally closed at 1.1644. After reaching the position of 1, the daily line closed in the form of a long-legged cross star. After the end of this form, today's short stop loss of 1.16550 is 1.16700. The target is 1.16400, 1.16300 and 1.16100.

The U.S. crude oil market opened at 61.11 yesterday, and then the market fell back to 60.38 and then rose strongly. The daily high reached 62.36 and then fell sharply in late trading. The daily low reached 59.19 and then rose rapidly. The daily line finally closed. After reaching the position of 61.77, the daily line ended in a hammer shape with a very long lower shadow. After the end of this form, there is continued bullish demand for today's market. In terms of points, today's 60.7 is more than 60.3, and the target is 61.6, 62.3, and 63-63.5.

After the Nasdaq opened at 25742.09 yesterday, the market first rose to 25763.97 and then fell back strongly. The daily line reached the lowest position of 25259.44 and then consolidated. After the daily line finally closed at 25439.68, the daily line took a lower shadow. The long negative line closed, and after the end of this form, today's market price is 25600, stop loss is 25660, and the lower target is 25450, 25400 and 25300.
Basic, yesterday's fundamentals, the US PPI in November rose slightly month-on-month; retail sales growth exceeded expectations. The third quarter of last year recorded the smallest trade deficit since the second quarter of 2023. Regarding the Federal Reserve, Kashkari said that the threat from the US President is actually a matter of monetary policy, and there is no need to cut interest rates in January. Paulson said a small rate cut later this year might be appropriate. The Fed's Beige Book showed overall economic activity growing at a small to moderate pace in eight regions, with three regions reporting no change and one region reporting a modest decline. Republicans said. Powell may miss his biannual congressional hearings. Bostic said the challenge of controlling inflation has not yet been won and restrictive policies need to continue. Millan criticized foreign central bank policymakers for inappropriately defending Powell. Gold and Silver Oil Market ProThe bed fluctuated violently and eventually strengthened. Today's fundamentals focus on the number of initial jobless claims in the United States at 21:30 in the week to January 10, the United States New York Fed Manufacturing Index in January, the United States Philadelphia Fed Manufacturing Index in January, and the monthly rate of the United States Import Price Index in November.
In terms of operation, gold: 3325 and 3322 are long, 3368-3370 is long, 3377 and 3385 are long, and 3563 is long. After reducing the position, the stop loss is followed up and held at 4000. In the previous week, 4176 and 4174 were long, and 4187 and 4184 were long. As well as 4208 and 4205, the stop-loss follow-up is held at 4210. The stop-loss follow-up is held at 4460 after the long reduction of 4455 last Friday. Today, the stop-loss is 4594 for more than 4600. The target is 4620, 4635 and 4644, and the break position is 4656 and 4662-4670.
Silver: 37.8 long below, 38.8 long, 50.75 long and 52.7 long. After reducing the position, the stop loss will be followed up at 68. Today, the 91.5 long stop loss is 91.2. The target is 93, 93.5 and 94-9. 5.
Europe and the United States: Today, short stop loss is 1.16550, and the target below 1.16700 is 1.16400, 1.16300, and 1.16100.
U.S. crude oil: More than 60.7 today Stop loss 60.3, target 61.6, 62.3 and 63-63.5.
Nasdaq: Today’s market is short at 25600, stop loss 25660, target below is 25450, 25400 and 253 00.
The above content is all about "[XM Foreign Exchange Official Website]: The Fed's chaos pushes for risk aversion, and the gold and silver sun continues to rise". It is carefully www.xmtraders.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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