Qualified for increases, but be careful with adjustments

2月27日

XAUUSD remains in the rising channel after a significant downward correction since the recent record price rally and investors are focused on inflation data due out later this week and the latest developments on US President Donald Trump's tax plans.

XAUUSD was trading at nearly $2,905/oz as of press time, about 60Dollar below the all-time high reached on Monday after Trump announced his administration would impose 25% tariffs on the European Union without clarifying whether the tariffs would affect all EU exports or be limited to certain products or industries.
At the same time, Trump also announced US tariffs on Mexico and Canada would take effect on April 2, delaying the original March 4 effective date.

Late Wednesday, U.S. President Donald Trump reaffirmed he will maintain 25% tariffs on Canada and Mexico and added the European Union to the list of countries he will punish American consumers for importing goods from. Trump added that tariffs on Canada and Mexico will take effect on April 2.
Market participants will closely monitor developments surrounding Trump's next tariff policy. Tariff uncertainty could spur flows into safe assets, benefiting precious metals.

Since Trump returned to power, his comments on the timing, scale and targeting of tariffs have often confused global markets and raised questions about his policies. This instability, coupled with geopolitical changes, highlights gold's role as a store of value in times of uncertainty.
Gold prices have also been supported in recent days by weak U.S. economic data, which has traders expecting the Federal Reserve to make just two 25 basis point interest rate cuts this year. Lower borrowing costs typically favor gold because the metal doesn't pay interest.

On the other hand, Trump's plan to raise tariffs could raise the Federal Reserve's concerns about inflation, which could convince the Fed to keep interest rates high for longer. This may limit gold's rise.
Looking ahead, investors will analyze Friday's core personal consumption expenditures price index, the Federal Reserve's favored measure of inflation, for more reading and anticipation of the direction of monetary policy.
Basically, gold still has a lot of potential support as the recent decline was mainly due to profit-taking and partly affected by the cooling situation in Ukraine, which was brought to the attention of readers through daily publications and short comments.

Analysis of technical prospects for XAUUSD
Gold continues to decline as the recovery fails to take gold price above the POC Volume Profile and the Fibonacci point extends 0.236%. On the other hand, the Relative Strength Index (RSI) is also pointing down with a significant slope, showing that the price momentum is overwhelming because profit-taking activities in the market are overwhelming.

It is very likely that gold will continue to decline more with a target of around 2,865 USD, this is also the confluence position of the lower edge of the price channel with EMA21, this support position is very important for the uptrend of gold prices in the medium term.

Once gold is sold below $2,865, further downside will be noticed at $2,835 – $2,790 in the short term, so long protection levels should be placed behind this price point.

Regarding the current position, gold still has enough upside conditions and notable levels will be listed again as follows.
Support: 2,900 – 2,880 – 2,865USD
Resistance: 2,933 – 2,946USD

SELL XAUUSD PRICE 2941 - 2939⚡️
↠↠ Stoploss 2945

→Take Profit 1 2933
↨
→Take Profit 2 2927

BUY XAUUSD PRICE 2869 - 2871⚡️
↠↠ Stoploss 2865

→Take Profit 1 2877
↨
→Take Profit 2 2883

2月27日

註釋

🔴Spot gold price decreased 1.00% during the day and is currently trading at 2,887.04 USD an ounce.

2月27日

交易結束：目標達成

Plan BUY +135pips🔼🔼🔼

2月28日

註釋

🔴The world's largest gold ETF, SPDR Gold Trust, saw its gold holdings decrease by 0.86 tons from the previous day and its current gold holdings are 906.1 tons.

2月28日

註釋

2月28日

註釋

🔴Gold futures price in New York decreased 1.00% on the day and is currently trading at 2,866.90 USD an ounce.