Against the backdrop of the Fed remaining cautious and the Trump administration increasing policy uncertainty, the US dollar and gold markets have diverged. XAUUSD fell below $2,900/ounce. At present, the market's focus is still on the Fed's economic data in the next few months and the implementation of the Trump administration's policies. The trend of the US dollar and gold may continue to be dominated by these factors.
On the whole, the short-term trading of XAUUSD recommends rebound shorting as the main, and callback longing as the auxiliary. The short-term focus on the upper side is 2918-2930 line resistance, and the short-term focus on the lower side is 2882-2860 line support. The specific and precise trading is subject to real-time.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD GOLD
On the whole, the short-term trading of XAUUSD recommends rebound shorting as the main, and callback longing as the auxiliary. The short-term focus on the upper side is 2918-2930 line resistance, and the short-term focus on the lower side is 2882-2860 line support. The specific and precise trading is subject to real-time.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD GOLD 
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Disclaimer
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.