Daily Focus, Signal of Investment

FED & ECB May Raise 75bps Interest Rate In Sept, Would Gold Keep It’s Bear?

Don’t miss the opportunity to make a profit, check the gold trend now>>
In order to curb the high inflation, both of the FED and ECB supported a massive 75bps rate hike in September, weighing on gold prices. Analysts believe that if the price of gold falls below the 1711.38 support level, it will likely fall further to around the July low of 1680.79. Although the price of gold is still supported by factors such as geopolitical situation, high inflation expectations and market economic recession fears, the resolute hawkish interest rate hikes by ECB and FED may continue to suppress gold prices.

The trend of gold can be paid attention to…
-Latest news on the Russian-Ukrainian war
-17:00 Eurozone CPI (MoM) (YoY) (August)
-20:15 US ADP Employment Report(August)
-20:30 US Unemployment Claims for the week ending 8/27
-21:45 US Markit Manufacturing PMI Final Value (August)
-22:00 US ISM Manufacturing PMI (August)
-20:30 US Unemployment Rate (August)
-20:30 US Non-Farm Payroll (August)
Which will affect the trend of gold, and investors must seize the opportunity to place orders.
Daily Focus allows you to understand the gold market, increase profit opportunities, and seize the opportunity immediately.

For more investment knowledge and the latest market
Follow us on HXFX Global fan page
Helping you become an investor master more easily!!

Get Free Trial Bonus, Free Experience Investment! The Journey Of Investing From Scratch.
Register for free at HXFX and get a free trial bonus to experience investment immediately! It’s easy and stress-free, you can withdraw your profits from trading! Professional analysts provide the latest market strategies every day and the daily investment tutorial that you can understand at a glances, all support you from 0 basics to investment experts!
Seats are limited, click me to get the free trial bonus now, let’s start your investment journey>>
Disclaimer: Information above can only be use for references and doesn’t represent our platform’s opinions.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.