The market is changing rapidly. No, the U.S. dollar index shot up directly. The price effectively broke through important pressure levels and continued to rise...
Some people must not understand why the U.S. dollar has been unable to rise many times before, but now it is rising directly? The reason is that due to the situation in the Middle East, a large amount of funds continue to leak out, and the US dollar's support for the market is urgent. Therefore, efforts are being made to push up the price of the US dollar. The purpose is to forcibly increase the price of the US dollar and achieve support for the liquidity of the US dollar. But will this action have any effect? It’s unknown at the moment; anyway, we just need to know that the market is currently pushing up the U.S. dollar with protective energy, and you can look for opportunities to go long on the U.S. dollar...
As for the trend of gold, are you a little surprised? Why did the price of gold fall again? What the hell is going on?
In fact, the pressure on gold has been increasing. The main reason is that the United States is deeply trapped in the quagmire of the Middle East, causing a large amount of funds to flow out of the US dollar. These funds will first flow out of gold (closing positions), and then flow out of the US dollar. This is why gold has this strange state. Some people sharpen their heads to enter gold, while a larger group of people find the right opportunity to leave gold; under such circumstances, gold cannot form a positive trend. Effectively rising momentum, it is forced into a strange shock. As time goes by, when more and more funds begin to withdraw from gold, pressure on gold will gradually appear. In addition, today is Friday, and the pressure on gold will gradually increase. Therefore, it is not ruled out that after going back and forth tonight, gold will eventually show a oscillating and falling pattern. Pay more attention to this, and try to sell short on highs in operation, focusing on light positions.