Overnight Market Review (2022.6.3) Last Friday, non-agricultural employment maintained the trend of repairing, and interest rate hike expectations increased pressure on gold and silver
The US non-farm payrolls increased by 390,000 in May, maintaining a recovery trend and better than expected. The job market is still in a highly tight state, and upward pressure on wages continues to ease. narrow.
With the recent repeated strengthening of Fed officials and Biden’s inflation-control stance, market tightening expectations have increased and put pressure on gold and silver. In the short term, focus on this week’s CPI data and next week’s Fed meeting. If the tightening is expected to continue, precious metals will be under pressure.
Trading strategy deployment: it is recommended to do more at low levels
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.