3000 will be broken again, plan to trade long signals
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Influence of gold news: The U.S. inflation data for February was released. The data showed that the U.S. inflation in February fell across the board, exceeding expectations. The decline in inflation also gave the Federal Reserve more room and possibility for interest rate cuts, and also slightly reduced the concerns originally caused by tariffs. However, with the full implementation of tariffs on Europe, retaliation from Europe also followed, and concerns about the global economic downturn also intensified. The U.S. dollar index rebounded slightly and then fell again.
The four-hour price is in a volatile market. At present, the focus is on the suppression of the hourly chart, but the 30-minute upper line has been suppressed. Therefore, from the technical chart, the 30-minute suppression fell back to confirm, and the break further fell. If it does not break, it will rise again to the one-hour upper line to confirm the weak short of the four-hour and rise again. From the analysis point of view, the short-term recommendation for gold today is to focus on long positions on pullbacks, supplemented by short positions on rebounds. The short-term focus on the upper side is 3005-3010 line resistance to short, and the short-term focus on the lower side is 2978-2970 line support to long.
Trading is risky, real-time accurate signals can be closely followed by my announcements. There are no unsuccessful investments in the market, only unsuccessful transactions. XAUUSDGOLDXAUUSDXAUUSDXAUUSD
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XAUUSD plans to do long trading to break through 3000, the target has been reached
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✔Copy accurate trading signals✔Manage accounts🎁Stable profit of more than 188.6% per week🎁Success rate is as high as 96.85%. If you want to recover a large loss, leave me a message t.me/BeckLedley Trading entrance: t.me/FcCygjylf
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.