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LIVE ANALYSIS

The U.S. dollar index plummeted for a while. Will the U.S. dollar index hit a new low again with the Fed’s dovish message yesterday?

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US dollar index:
The three major data yesterday made the U.S. dollar index fluctuate. In the end, because of the dovish signal released by the Federal Reserve, the U.S. dollar index once fell, and the current quotation is 105.414. The release of the ADP employment numbers yesterday prompted a short-term decline in the dollar, but the release of the GDP annualized rate data pushed the price of the US dollar index up to 107.133 at one point. However, at 2:30 a.m. Beijing time, Federal Reserve Chairman Powell announced that he would decide to slow down interest rate hikes in December and maintain a dovish stance. The U.S. dollar index plummeted once the news came out.

The H4 chart used Fibonacci to backtest the price and reversed and fell after the initial 0.618 position. Looking at the Fibonacci extension, the price is expected to fall to the 104.994 position.

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Gold and mainstream currencies can choose to enter the market at a low level to do long, and non-mainstream currencies can choose to enter the market at a high level to short.

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Daily Market Analysis

美元反弹打压金价,非农来袭,警惕空头“乘胜追击”

亚洲时段,现货黄金震荡微涨,目前交投于1916.20美元/盎司附近,因为隔夜金价跌幅较大,技术面存在一些反弹调整需求。周四欧洲央行如期加息50个基点,但欧洲央行行长拉加德的讲话并不鹰派,美元指数大幅反弹,令金价大跌近40美元。 周四出炉的美国初请失业金人数低于市场预期,降至九个月最低,也给美元提供支撑,在周五非农数据公布前,一些黄金多头获利了结,对拖累金价表现。 High Ridge Futures金属交易主管David Meger表示,对金市的基本支撑依然强劲,但市场小幅回调可能是由于在明天的美国月度就业数据之前出现一些获利了结。 本交易日市场目光将聚集美国1月份非农就业报告,虽然预期并不乐观,但从其他相关数据来看,非农新增就业人数好于预期的可能性较大,鉴于黄金技术面见顶信号进一步增强,投资者需要提防金价短线的进一步下行风险。

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