[Market Evening] Looking At The $1745-1752 Range in The Future of the International Gold Price, There Is A High Probability That There Will Be A Significant Rebound

As of 17:00 (GMT+8), spot gold rose 0.721% to $1746.17 an ounce, and spot silver rose 2.126% to $19.453 an ounce.

Comment: The international gold price continued to hit a new two-week high of $1,744.61 per ounce. Fed Chairman Powell's expectations for the future path of interest rates were not as hawkish as people feared, dragging down the US dollar and US Treasury yields. For much of the news conference, Powell attempted to assuage recession fears.

Suggestion: Spot gold is long at 1744.50, and the target point is 1773.80.

As of 17:00 (GMT+8), the US dollar index fell 0.113% to 106.20, EUR/USD fell 0.009% to 1.01991; GBP/USD rose 0.230% to 1.21833; AUD/USD rose 0.076% to 0.70001; USD /JPY fell 0.724% to 135.566.

Comment: At present, the major resistance level in Europe and the United States is still around 1.0280. EUR/USD sentiment remains weak as headwinds facing the European economy continue to weigh in. Europe's energy supply dilemma remains, and the pressure of stagflation continues to increase, causing the euro's rebound to appear weak. But considering that the Fed's next chance to raise interest rates is in September, there is a window of time to give the euro a chance to adjust.

Suggestion: the euro against the dollar is short at 1.02170, and the target point is 1.00960.

As of 17:00 (GMT+8), WTI rose 0.512% to $97.759/barrel; Brent rose 0.887% to $102.885/barrel.

Comment: International oil prices continue to rise. Due to the reduction in US crude oil inventories and the rebound in gasoline demand, US oil production is facing multiple bottlenecks, the demand for hydraulic fracturing equipment is rapidly exceeding the supply, and the energy dispute between the West and Russia has intensified. Investors Risk appetite improved.

Suggestion: US crude oil is short at 98.110; the target point is 92.380.

1. Russia is preparing to pass legislative amendments to regulate NFTs;

2. South Korea investigates "unusual" foreign exchange transactions related to cryptocurrencies worth $3.4 billion;

3. ARK Fund sold over 1.51 million Coinbase shares from July 22 to July 26;

4. OpenSea: will not host user NFTs as it restricts users and compromises security;

5. The Ethereum mainnet has completed its 10th shadow fork, 26 hours earlier than expected;

6. IMF: The cryptocurrency industry could get worse;

7. German financial regulators: Blockchain can be used to detect and combat cybercrime;

8. Lido proposes new terms for selling treasury tokens with a lock-up period to Dragonfly Capital;

The Taiwan Weighted Index fell 0.868% to 14,877.8 points;

The Nikkei 225 fell 0.816% to 27773.5 points;

Hong Kong's Hang Seng Index fell 0.847% to 20606.0 points;

Australia's S&P/ASX 200 rose 0.033% to 6,883.75.

20:30(GM+8):

The initial value of the annualized quarterly rate of the core PCE price index in the second quarter of the United States (%)

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US initial jobless claims for the week ended July 23 (10,000)

US continuing jobless claims for the week ended July 23 (10,000)