Zhang Jiawei: Dawn Of The Market, At First Glance, The United States Seeks To Guide Gold To Break The Position.

In Britain, traders will try to find the latest view of the bank from the minutes of the Bank of England meeting. Investors will focus on the withdrawal of QE and the prospect of interest rate hike in the Fed's minutes.

In the first half of this week, the global market has seen very few economic data from the surface, but the underlying fundamentals are actually surging. The situation in Ukraine is far from the "great outcome", and the country's general election, which will be held on Sunday (May 25th), is bound to set off a new upsurge in the plot. This is also a major uncertainty for the narrowing of the international gold price.

　　 US dollar index

In the first half of this week, the index continued to postpone the last week's crosses. It can only be said that investors at this juncture did not want to suppress what the minutes of the minutes to be announced by the Federal Reserve would be, and this is still unknown for the future development of the index.

Chart index Temporarily lingering on the 80 front line, before we said that the most likely is the short term 4H index instead of the callback in a horizontal way, indicating the strength of the bull market. The meeting minutes and markets support this view. We will wait and see. Look at strategy or 79.75/65 layout.

　　 Sterling dollar

Sterling yesterday closed, yesterday's exchange rate in the UK released April CPI data hit a new high of 1.6863 has reached the previous wave of 50% place, then the exchange rate remained at 1.6840 hovering. From the trend of short-term 4H, we can see that the rebound of the exchange rate is blocked, and it is now trapped below 1.6855. If the GDP data in the day does not help the pound go up, the short-term rally will come to an end. The daily support is 1.6820-1.6800, and the break also indicates that the exchange rate is going to be empty.

　　 On the strategy, sterling temporarily waits.

　　 International Gold

International gold prices remained temporarily in the triangular shape yesterday. The trend of trading days first suppressed and then lifted. The early price of gold fell first and tested 1284, and we expected that the number of rapid increases was unexpected. The main reason was that Ukraine said that Russia did not withdraw troops from the Ukrainian border, which made the situation in the territory tense again, and the gold price was obviously supported by the 1297 front-line.

After the calm, or will usher in a big fluctuation market, tomorrow morning, the Federal Reserve interest rate resolution and the Ukraine referendum this weekend will start the gold price trend. The technical charts need to wait for the break position guidelines, suggesting that gold is still trading within 1304-1283. Last night, after the rally, the gold price is now in the 1294 area, with a tendency to measure 1300 on the short term. The strategy can be seen to 1300-1304 at this time, or wait for the form to break up and follow up the operation.