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Gold finished higher and fell back yesterday, the bull trend is not strong?

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In the early hours of Thursday (2022.5.5) overnight, the Federal Reserve announced a 50 basis point interest rate hike and will start to shrink its balance sheet in June. Powell ruled out the possibility of a 75 basis point interest rate hike. The yield on U.S. dollar bonds fell and U.S. stocks rose sharply. At the same time, the price of gold futures rose by more than 30 US dollars in midday trading in the Asian market on Thursday, returning to the top of 1,900 US dollars. Although the Federal Reserve raised interest rates to curb inflation and emphasized that inflation is a risk to the economy, it has ruled out that in 2022 Further rate hikes for the remainder of the period.
U.S. stock index futures fell slightly before the U.S. market opened, failing to extend yesterday’s gains. While Fed Chairman Jerome Powell temporarily ruled out a 0.75% rate hike yesterday, some believe the central bank will continue to tighten monetary policy at a faster pace overall and will continue to tighten monetary policy at its next multiple meetings. 50 basis points of rate hike.
Trading strategy deployment: it is recommended to go short at high 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.

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Risk Warning : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. 

Risk Warning:
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Lepanto Financial Advisers Limited is the holding company of Ultimate Pinnacle Limited. (Address: Fifth Floor, Suite 23, 63/66 Hatton Garden, London, England, EC1N 8LE). All services and products accessible through the site www.upfxtrade.com are provided by Ultimate Pinnacle Limited with the registered address Suite 305, Griffith Corporate Center P.O Box 1510, Beachmont Kingstown St.Vincent & the Grenadines.

Ultimate Pinnacle Limited is a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively “Ultimate Pinnacle”) under Registration No. 173474 and having its registered address at No. 1 Corner of Hutson Street and Marine Parade, Belize City, Belize.

Lepanto Financial Advisers Limited is the holding company of Ultimate Pinnacle Limited. (Address: Fifth Floor, Suite 23, 63/66 Hatton Garden, London, England, EC1N 8LE). All services and products accessible through the site www.upfxtrade.com are provided by Ultimate Pinnacle Limited with the registered address Suite 305, Griffith Corporate Center P.O Box 1510, Beachmont Kingstown St.Vincent & the Grenadines.
Ultimate Pinnacle Limited is a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively “Ultimate Pinnacle”) under Registration No. 173474 and having its registered address at No. 1 Corner of Hutson Street and Marine Parade, Belize City, Belize.

Lepanto Group Pty Ltd is authorised and regulated by the Australian Securities & Investments Commission, ASIC (ACN: 072 424 830)

Ultimate Pinnacle Limited is a company authorised and regulated by the National Futures Association (NFA ID: 0537666)

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