🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
Individual users can earn up to 1,000 LOT — share from a total prize pool of 1,000,000 LOT!
🏃 Join now: https://www.gate.com/campaigns/1294
Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Spot gold prices will fall (1/2)
⭐️ Watch for data Wednesday evening:
A quarter past eight in the United States ADP employment for October.
At half past eight o'clock, the U.S. Treasury Department announced its bond issuance plan for the first quarter.
At 9:45 a.m., the final value of the U.S. Markit manufacturing PMI in October.
Ten o'clock US ISM manufacturing PMI for October.
Ten US JOLTS Job Vacancies for September.
Ten o'clock U.S. construction spending in September.
At 10:30 U.S. EIA crude oil inventories, EIA Cushing crude oil inventories, EIA strategic petroleum reserve inventories
The Federal Reserve's interest rate decision was announced at half past two in the morning.
At half past two in the morning, Fed Powell held a press conference.
⭐️ Technical analysis
Gold prices in the chart continue to be four consecutive yin, breaking through the upper line after being blocked, and now running below the middle track, but the trend line is generally running vertically, and there is no obvious turning downward for the time being, but gold prices may begin to decline if they continue to fall, but the basic face is determined, gold prices still have a chance to reverse, and my personal opinion is currently the Bollinger band to see the range.
⭐️ Spot Gold:
1. Intraday Asian 1983-1985 bearish.
2. Asian handicap 1972-1968 bullish.
3. The strategy changes at any time according to market fluctuations.
(For reference only, at your own risk)