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Yesterday’s Fed meeting all released doves? ! Gold reversed after hitting a key support level below, will the rally continue? !

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XAUUSD:
At three o’clock in the morning today, the Federal Reserve mentioned in its three o’clock meeting that they should slow down the pace of raising interest rates after raising interest rates for the fourth time by 75 basis points. As soon as the news came out, many people expressed their approval for the Fed’s move, and after the Fed’s dovish news, the U.S. dollar index continued to be sold off. The current quotation is 105.734, hitting a low since August 15, 2022.

technical level. Looking back at the D1 chart, gold hit 1727.49 yesterday, then turned up and closed at 1749.6, an increase of about 20 US dollars. And 1727 is also one of the key support positions below gold. This caused gold to reverse and rise after being supported.

Using the Fibonacci backtest to pull the low point to the high point on the H1 chart, it can be found that the price has touched the gold callback price of 0.618 twice. It indicates that there is a high possibility of further trend reversal and upward movement.

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Daily Market Analysis

美元面临关键支撑考验,金价站在十字路口?

周五(11月25日)亚洲时段,现货黄金震荡微涨,目前交投于1756.59美元/盎司,因为感恩节假期,周四欧美时段金价窄幅震荡,交投比较清淡,不过受到鸽派美联储会议纪要的持续影响,美元指数周四仍然收跌,为连续三个交易日下跌,金价周四则小幅收涨,收报1755.27美元/盎司。 目前美元指数仍有进一步下行风险,有望给金价提供进一步上涨机会,但美元指数下方接近200日均线105.32附近强支撑,11月15日触及的逾三个月低点(105.30)支撑也在该位置附近,需要重点关注。如果美元指数跌破200日均线,料将给金价提供强劲的上涨动能,如果美元指数在200日均线附近获得支撑并展开反弹,则会加大金价的下跌风险。 周四的基本面相对清淡,感恩节假期,周五为感恩节翌日,没有重要经济数据出炉,多数交易日仍会休假,美国金融市场普遍会提前休市,市场观望情绪也比较浓,整体交投空间可能会受到限制。

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