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General The US bond yield curve is upside down and the gold price trend is revised again - MT4

jerry0821

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US stocks oscillated in the past yesterday (27th), mainly due to the inversion of the US 2-year and 10-year bond yield curve, highlighting the rising fears of market investors' slowdown in global economic growth caused by the US economic recession.
The Federal Reserve (Fed) held a decision-making meeting in mid-September, and market investors are assessing whether the expansion of the US economy is over and looking for clues about interest rate movements, and employment data reports and manufacturing data will be released next week.
Another focus of the market, UBS, the world's largest financial institution, has turned its position on the global stock market into an empty view. It is the first time since the worst period of the European debt crisis in 2012. The reason is that Sino-US trade friction and the global economy are slowing down. Under the circumstances, it is not conducive to investors to continue to over-investment, so they are recommended to reduce their holdings, but not to reduce the size. It also mentioned that US companies continue to sell US stocks internally, which has been sold for more than 10 billion US dollars for the fifth consecutive month. Therefore,
we must pay more attention to market fluctuations in the second half of the year.

MT4 Technical Analysis (Gold XAUUSD):
Using MT4 analysis, today's gold (August 28) early in the vicinity of 1542.0 US dollars/ounce, from the technical analysis, the 4-hour level observation trend as yesterday (27th) forecast the same, MT4 analysis pull back corrected bottom more than single It is rising again. According to the Hexcel channel, it is currently shrinking, so the US market has the opportunity to rise again.
Using MT4 analysis, the current pressure range above the short-term line is located at 1545~1545.5 US dollars/ounce, the downward direction, the initial support range is 1527~1527.5 US dollars/ounce, and the operating mentality is mainly short. Investors who want to enter the market to do more short can consider Buy in light positions between $1,532/oz and $1534.5/oz.
Use the MT4 feature to stop the loss. Consider setting $1530.5/oz below.

MT4 Technical Analysis (EUR/USD EURUSD):
Using MT4 analysis, today's EUR/USD (August 28th) was near 1.10892 in the morning, cutting through the technical analysis, and the ABC band was observed at the 1-hour level. The MT4 analysis is currently in the C-band, and there is a chance to fall in the black area of the picture. After falling deep, there is a chance to rebound again.
Using MT4 analysis, the current pressure range above the short-term line is located at 1.11150~1.11200, the downward direction, the initial support interval is 1.10750~1.10800, and the operating mentality is mainly short. Investors who want to enter the market to be shorter will consider light in the 1.11820 to 1.1850 range. Buying a warehouse, using the MT4 function can stop the loss point can be considered to set below 1.10760

MT4 Technical Analysis (GBP/USD GBPUSD):
Using MT4 analysis, today's GBP/USD (August 28th) was around 1.22843 in early trading. From the technical analysis, the 1-hour line-level observation trend was also the same as yesterday's (27th) forecast. MT4 analysis rose after the successful breakthrough. The point, so there is a chance to get out of the wave theory and pull back to stabilize and then rise again.
Using MT4 analysis, the current pressure range above the short-term is located at 1.23100~1.23150, the downward direction, the initial support interval is 1.22500~1.22550, and the operating mentality is mainly short. Investors who want to enter the market to be shorter will consider light in the 1.22700 to 1.22800 range. Buying a position, using the MT4 function can stop the loss point can be considered to set below 1.22605.
 

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