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Yan Ruixiang: The gold daily line continues to be under pressure, and it will be exerted after the shock in Europe and the United States

author:Yan Ruixiang Wuxinghui

【U.S. Dollar Index】

In terms of the U.S. dollar index, the U.S. dollar index price generally showed a decline on Monday. The price rose as high as 106.09, as low as 105.434 and closed at 105.633. Looking back at the price performance of the U.S. index on Monday, the price fluctuated in the short term after the morning open, and then the price fell rapidly, and the price gained support above last Friday's low, and finally the daily price still ended in a big black state. It can be seen from the market in recent days that the current U.S. index daily line has fluctuated slightly, so the overall focus is temporarily on the shock, and it will fall further after the shock. In the short term, pay attention to the resistance of the 106.00-10 range for the time being, and pay attention to the 105.40 position below.

Yan Ruixiang: The gold daily line continues to be under pressure, and it will be exerted after the shock in Europe and the United States

The U.S. index is in the 106.00-10 range, defending $5 and targeting 105.40-105

【Gold】

In terms of gold, gold prices were generally volatile on Monday, with the highest price rising to 2346.6 on the day, falling as low as 2319.74 and closing at 2335.23. Looking back on Monday's gold market performance, the short-term price continued to fall after the morning open, and the price corrected again after the price touched the key support of 2320 emphasized yesterday, and then the market continued to fluctuate, and the price ended with a negative cross from yesterday's close, because the overall is still running below the daily resistance, so the overall continues to maintain the high-altitude idea, but at the same time, considering the continuous shock in recent days, the follow-up temporary focus on the 2325 position will continue, and this position will continue after the break, otherwise continue to see the continuous shock and then choose to fall further。

Yan Ruixiang: The gold daily line continues to be under pressure, and it will be exerted after the shock in Europe and the United States

Gold is in the 2350-51 range, $10 in defense, and the target is 2325-2290-2260

【Europe and America】

In Europe and the United States, prices in Europe and the United States generally rose on Monday. The price of the day fell to a low of 1.0685, rose to a high of 1.0733 and finished at 1.0719. Looking back at the performance of the European and American markets on Monday, the price directly gained support in the short term after the morning opening to further rise, but the price did not continue to rise strongly after the European market but fluctuated with the U.S. market, and the price on the daily line still ended in the positive line. Considering that the U.S. index price has a short-term shock and then under pressure, so Europe and the United States also pay attention to the shock after the rise, as a whole, Europe and the United States temporarily focus on the 1.0680-90 range support, and the upper focus on the 1.0740-1.0780 area.

Yan Ruixiang: The gold daily line continues to be under pressure, and it will be exerted after the shock in Europe and the United States

Europe and the United States 1.0680-90 range, 40 points of defense, the target 1.0740-1.0780

【Today's key financial data and events】Tuesday, April 30, 2024

(1) 07:30 Japan March Loss Rate

(2) 09:30 China's official manufacturing PMI (Apr).

(3) 09:45 China's Caixin manufacturing PMI (Apr).

(4) 13:30 Preliminary annual GDP for the first quarter of France

(5) 14:45 France CPI MoM (April).

(6) 15:00 Switzerland's KOF Economic Leading Indicator for April

(7) 15:55 Seasonally adjusted unemployment in Germany (April).

(8) 15:55 Germany's seasonally adjusted unemployment rate in April

(9) 16:00 Germany's preliminary GDP for the first quarter is not seasonally adjusted

(10) 16:30 UK Central Bank mortgage approval for March

(11) 17:00 Eurozone preliminary CPI annual and monthly rate in April

(12) 17:00 Eurozone Q1 GDP Preliminary YoY Rate

(13) 18:00 The Japanese government releases monthly foreign exchange intervention data

(14) 20:30 Canada's GDP in February

(15) 20:30 U.S. Q1 Labor Cost Index QoQ

(16) 21:00 US FHFA Home Price Index MoM (Feb).

(17) 21:00 U.S. S&P/CS20 Large City Home Price Index YoY (Feb).

(18) 21:45 Chicago PMI (April).

(19) 22:00 Conference Board Consumer Confidence Index (April).

(20) 04:30 the next day, API crude oil inventories in the United States for the week to April 26

Note: The above is only a personal opinion strategy, only for review and exchange, does not give any investment advice to customers, has nothing to do with customers' investment, and is not used as the basis for placing orders.

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