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Xauusd:Will it break through the previous high?

FX:XAUUSD   Gold Spot / U.S. Dollar

Thank you my client for telling me that after I went to check, I found that they had copied my point of view.

The Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) monetary policy meeting from October 31 to November 1.Judging from the content, policymakers generally believe that interest rates will remain restrictive for a period of time. They should act cautiously on whether to raise interest rates further, but reserve the possibility of further interest rate increases.

On the news side, the Kazakhstan-Israel conflict finally showed signs of cooling after one and a half months.According to the latest report of the Times of Israel, after a six-hour meeting, the Israeli cabinet has approved a temporary ceasefire agreement with the Palestinian Islamic Resistance Movement (Hamas) in the early hours of the 22nd local time.It is reported that the two sides may start exchanging hostages as soon as the 23rd.The cooling of the situation also has a cooling effect on the current risk aversion.

Judging from the chart, gold reached its highest near 2007.5 yesterday. As long as you sell above 2005, it will be profitable today.

The range is 1980-2010, so today you can still sell above 2005, or buy near 1985, strictly set the stop loss, so that your success rate can be greatly increased

If gold breaks through 2010, the next stage may reach around 2020, and all transactions need to be cautious.

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U.S. unemployment benefits data will be released soon, this data will affect the trend of gold
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