This week, gold can be described as a big ups and downs, experienced a roller coaster-style market, and said to the right, "How do you feel when you are in the car? There is no motion sickness, no matter how you must remember to fasten your seat belt!" On Monday, gold first opened the gap and opened lower by eleven dollars. The lowest touched the price of 1381 and stabilized. On Tuesday, the gold was mad at the end of the event. On Wednesday, the Asian plate continued to exert its strength. The gold price surged from 1382 to 1437, an increase of 55. US dollars. This wave of rise should be said that many people did not respond this week and have already left. After the rise of gold was blocked, the high 1439 position fell. The US non-agricultural employment population announced in the evening of June was 224,000. The increase in the non-agricultural employment population has caused the dollar to continue its rebound momentum, while gold has been sold off, and the gold weekly line finally closed at 1398.
Gold did not hit a new high this week and recorded a discount on the operational value of the cross star form, but it is a bit better. This week, the price has already broken the low point of last week's K line. In this way, we have seen the end of the gold weekly unilateral market. Does this signal mean that gold will meet the weekly level adjustment next week? First, the fundamentals will not be too calm next week. The data has US CPI data released. The incident last Tuesday, Federal Reserve Chairman Jerome Powell delivered a speech at the stress test conference hosted by the Boston Fed on Wednesday. Powell will also be on Wednesday. The House Financial Committee made a testimony about the US semi-annual monetary policy report. There are also speeches from other Fed officials. The performance of this non-agricultural data and whether the Fed will cut interest rates at the end of July has become a market concern.