Gold prices held steady at 3368 last Friday, but fell 1.8% for the week, mainly due to the Fed's cautious stance. The latest FOMC statement maintained interest rates in the 4.25%-4.50% range. Although it emphasized caution, it lowered expectations for rate cuts within the year. Coupled with a slight rebound in U.S. Treasury yields (10-year to 4.421%), non-yielding assets such as gold were under pressure. At the same time, the strengthening of the U.S. dollar and the decline in the urgency of geopolitical risks have intensified the sell-off, and gold prices may continue to be weak in the short term.
5-week moving average; the daily cross star shows a short position arrangement but holds the middle track support. The 4-hour level is still in the rising channel. The support near 3340 is effective, and there are signs of stopping the decline in the short term. After opening high at 3398 this morning, it fell back slightly. The market's risk aversion and covering demand supported the gold price. In terms of operation, it is recommended to mainly go long on the decline. Gold recommendation: Buy at current price range of 3352-3347, stop loss at 3340, target at 3383
XAUUSD GOLD XAUUSD GOLD XAUUSD GOLD
5-week moving average; the daily cross star shows a short position arrangement but holds the middle track support. The 4-hour level is still in the rising channel. The support near 3340 is effective, and there are signs of stopping the decline in the short term. After opening high at 3398 this morning, it fell back slightly. The market's risk aversion and covering demand supported the gold price. In terms of operation, it is recommended to mainly go long on the decline. Gold recommendation: Buy at current price range of 3352-3347, stop loss at 3340, target at 3383
XAUUSD GOLD XAUUSD GOLD XAUUSD GOLD 註釋
Congratulations to the followers of this signal. Currently, the profit has reached 20 points. The market never lacks opportunities, but people who seize them are lacking! Whether you want to get back your money or double it, you can achieve it.註釋
Considering that some market windows have a certain timeliness for real-time trading, you can follow David so that you can choose the appropriate strategy to operate. He has in-depth research on commodities such as gold, crude oil, BTC, etc. If you are not doing well in trading or your investment funds are often shrinking, then you can follow David交易進行
Considering that some market windows have a certain timeliness for real-time trading, you can follow David so that you can choose the appropriate strategy to operate. He has in-depth research on commodities such as gold, crude oil, BTC, etc. If you are not doing well in trading or your investment funds are often shrinking, then you can follow David
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Senior Market Strategy Analyst | CFA® Charterholder | Builder of a Million Member Profit System. To join, please click 👉🚀🚀t.me/EagleEyePrecisionAnalysis
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。