G20 Finance Ministers' Meeting Failed to Reach Joint Communique, Protectionism Becomes Focus
The G20 Finance Ministers and Central Bank Governors Meeting held in Cape Town, South Africa, came to an end on Wednesday (February 26), but failed to reach a joint communiqu é. …
- 2025-02-28
The 'tariff storm' resurfaces: Trump announces 25% tariffs on Canada and Mexico starting from March 4th
US President Trump announced on Thursday (March 27th) that he will impose a 25% tariff on goods from Mexico and Canada on March 4th, and an additional 10% tariff on imported goods from major Asian countries, bringing the cumulative tariff to 20%. …
- 2025-02-28
US Russia ice breaking trip: Türkiye talks focus on embassy operation, while Ukraine issues are put aside
Senior Russian and American negotiators held six hour talks in Istanbul, Türkiye, on Thursday (February 27), aimed at restoring the normal operation of the embassies of the two countries.…
- 2025-02-28
The rebound of gold is no longer strong, so stay short at 2887 in the morning session!
The gold market has completely broken below the 2876 line, indicating a downward trend. Currently, the trend continues to be weak, with the high point of rebound gradually decreasing in a bearish sequence. …
- 2025-02-28
Gold, sell short directly at the current morning price of 2881!
Gold is still in a bearish trend, and a rebound is normal. A rebound is an opportunity to go short. Recently, we have been adhering to the idea of a bearish rebound in gold. Although there have been some setbacks in the process…
- 2025-02-28
Gold falls below the top neckline, the decline has just begun
Gold has been continuously falling, with a top signal indicating a drop below the important top neck level of 2888, opening up downward space. Calculated based on the amplitude of the top oscillation, gold will fall another $70. Are all fans ready? Since everyone knows it's a bearish trend, what point is better to short?…
- 2025-02-28
On February 28th, spot gold closed in a bearish trend, with a high of 2893 in the Asian market
Yesterday, gold suppressed its downward trend around 2920 in the morning session, and overall emerged from a weak pattern during the day. Although there was a rebound in the middle, the closing was still a big bearish trend, continuing Wednesday's decline and forming a continuous bearish trend.…
- 2025-02-28
The US dollar has rebounded sharply, and gold prices have fallen to a new low in over two weeks
At the beginning of the Asian market on Friday (February 28th), spot gold was hovering at a low level, currently trading around $2875.33 per ounce. Gold prices fell 1.3% on Thursday, hitting a two-week low of $2867.86 per ounce during trading and closing at $2876.95 per ounce. …
- 2025-02-28
2.28 Short term trading strategy for major foreign exchange currencies
Technically speaking, the US dollar index encountered resistance below 107.30 on Thursday and was supported above 106.40, indicating that the US dollar may maintain its upward trend after a short-term decline. …
- 2025-02-28
