Before the Wednesday session, spot gold was still suppressed by pivot points and once tested the key support at 2493.27. It has since rebounded, but still maintains a bearish trend. In the future market, it is advisable to continue to watch this support. Spot silver fell more than 2% intraday, with the key support level at 28.96. WTI crude oil has rebounded from its intraday low and is now approaching the resistance at 74.98. The US dollar index rose sharply intraday, with the primary resistance level at 101.28. Keep an eye on the support at 1.1099 for the euro against the US dollar. The British pound against the US dollar has rebounded after testing the key support level at 1.3200.

The VPC indicator strategy is for reference only and should not be taken as investment advice. The following strategy update was made at 20:55 on August 28, 2024 Beijing time.

International Commodities

Spot Gold (Spot Gold Daily Chart Source: E-Huitong)

Spot Silver

WTI crude oil

US Natural Gas

COMEX copper futures

Spot Palladium

Spot Platinum

US Soybeans

Forex Currency Pairs

USD

EUR/USD

GBP/USD

USD/JPY

AUD/USD

Equity Index Futures

S&P 500 Index Futures

Deguodaxzhishu futures

Hang Seng Index futures

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