Overnight Market Review (November 22) During the Asian session, spot gold fluctuated and rose slightly. It is currently trading around 1743.10 US dollars per ounce, recovering part of the overnight decline. The previous four trading days fell, the short-term downward momentum has weakened, and the gold price has now completed the confirmation of the support around 1735.02, and some bulls have re-entered the market.
The probability of the Fed raising interest rates by 75 basis points in December rebounded slightly
There are still many Fed officials who will speak this trading day, and investors need to focus on it. What needs to be reminded is that the market’s attention has begun to turn to the minutes of the Federal Reserve meeting to be released this Wednesday, although Thanksgiving will be ushered in on Thursday.
All transactions involve risks, and the above analysis is for reference only. Be sure to set the number of hands and remember to set a stop loss when placing an order.