Powell + terrifying data, will tonight be a double kill for Gold?
Two major Big Data bombs are coming tonight, the technical aspect of Gold has collapsed, and the US dollar is eyeing closely. The market urgently needs Powell to provide a signal for interest rate cuts, but tonight may more likely witness another "hawkish massacre"!
Technical analysis report on May 15: Spot Gold, Crude Oil Futures.
This article summarizes the latest views of Economies.com analysts today, covering multiple products such as spot gold, WTI crude oil futures!
The Gold defense line is in crisis! The "Lehman Killer" insists: the fiscal deficit will eventually trigger the second wave of Gold.
Technical traders have drawn a terrifying downtrend channel for Gold, but hedge fund giant and "Lehman Killer" Einhorn pointed out that the fundamental logic of Gold's rise remains unchanged.
Has the cooling of the trade war led to a "flash crash" in gold prices? Gold has lost the key level of 3200!
In just three short hours, spot Gold plummeted by 50 dollars, breaking through the 3200 mark. Where is the bottom of Gold?
The gains of the three major U.S. stock index futures narrowed to nearly flat, most Chinese concept stocks rose, Gold continued to adjust, and the Korean won rose significantly.
In Pre-Market Trading, the three major index futures are almost flat. Some Technology stocks have risen, with NVIDIA up about 2% and AMD up about 1.5%. Previously, both companies announced they would provide Semiconductors to an AI company in Saudi Arabia for a $10 billion Datacenter project. Pony.ai's stock rose over 16% in Pre-Market Trading, with reports that the company plans to apply for a confidential listing in Hong Kong, and Pony.ai has accumulated a rise of over 38% in the past five trading days.
May 14 Technical Analysis Report: Spot Gold, Crude Oil Futures.
This article summarizes the latest views of Economies.com analysts today, covering multiple products such as spot gold, WTI crude oil futures!