The core focus of this CPI and initial claims data is the unexpected cooling of inflation and the resilience of the labor market. Against this background, gold prices rose strongly, the US dollar and US bond yields were under downward pressure, non-US currencies rebounded across the board, and market sentiment was fully activated in a very short period of time. Although the weak data has raised expectations of a Fed rate cut, the upward risk of inflation and policy uncertainty remain inseparable. Therefore, traders must pay close attention to data changes in the next month, especially the linkage effect between energy prices and employment indicators. As far as the current market is concerned, gold bulls are dominant. However, if the decline of the US dollar further intensifies, be wary of the possibility of an oversold rebound.
Analysis of gold market trends:
Today, gold continued to rise strongly on the MA10 daily line. At present, the gold price has set a new record high and reached 3174. With such a strong impact, the rapid decline in the three trading days on the daily line has turned into a bottoming out and rebound. If it continues to break the high, it will still be a bull correction. However, due to the impact of the tariff war, the amplitude and time have accelerated. According to the previous large rise, if the bulls continue to be in high spirits, the next position will be 3200. It is not advisable to rush to chase the rise at this time. The short-term operation strategy can wait for the price to step back, and after stabilizing below, go long in combination with the support level. At the 4-hour level, the support level has moved up. In the short term, focus on the support levels near 3147 and 3133, and pay attention to the short-term resistance level of 3185-3190 above. If it closes strongly today, continue to look at more than 3200 tomorrow Friday; according to the current fluctuations, it will arrive soon, and pay close attention to the changes in the tariff war. Now this is the market leader.
Trading suggestions:
Strategy 1: When gold retreats to around 3133-3147, go long in batches (buy up), target around 3165-3173, and look at 3185 if it breaks;
Strategy 2: When gold rebounds to around 3185-3190, go short in batches (buy down), target around 3170-3158, and look at 3140 if it breaks;
Trading is risky, and profits and losses are controlled by yourself. There are small differences in signals, and the specific ones are subject to real time.
If you don't know when to enter the market, the trading is bad, follow me, copy the precise signal Baker Bitcoin Gold Trading Center published in real time every day or leave me a message, expand profits and reduce losses at the same time, and move towards victory.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD GOLD
Analysis of gold market trends:
Today, gold continued to rise strongly on the MA10 daily line. At present, the gold price has set a new record high and reached 3174. With such a strong impact, the rapid decline in the three trading days on the daily line has turned into a bottoming out and rebound. If it continues to break the high, it will still be a bull correction. However, due to the impact of the tariff war, the amplitude and time have accelerated. According to the previous large rise, if the bulls continue to be in high spirits, the next position will be 3200. It is not advisable to rush to chase the rise at this time. The short-term operation strategy can wait for the price to step back, and after stabilizing below, go long in combination with the support level. At the 4-hour level, the support level has moved up. In the short term, focus on the support levels near 3147 and 3133, and pay attention to the short-term resistance level of 3185-3190 above. If it closes strongly today, continue to look at more than 3200 tomorrow Friday; according to the current fluctuations, it will arrive soon, and pay close attention to the changes in the tariff war. Now this is the market leader.
Trading suggestions:
Strategy 1: When gold retreats to around 3133-3147, go long in batches (buy up), target around 3165-3173, and look at 3185 if it breaks;
Strategy 2: When gold rebounds to around 3185-3190, go short in batches (buy down), target around 3170-3158, and look at 3140 if it breaks;
Trading is risky, and profits and losses are controlled by yourself. There are small differences in signals, and the specific ones are subject to real time.
If you don't know when to enter the market, the trading is bad, follow me, copy the precise signal Baker Bitcoin Gold Trading Center published in real time every day or leave me a message, expand profits and reduce losses at the same time, and move towards victory.
XAUUSD XAUUSD XAUUSD XAUUSD GOLD GOLD 
✔Copy accurate trading signals✔Manage accounts🎁Stable profit of more than 188.6% per week🎁Success rate is as high as 97.85%, real-time communication: @cryptoanalyst_baker Signal entry: t.me/FcCygjylf
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.
✔Copy accurate trading signals✔Manage accounts🎁Stable profit of more than 188.6% per week🎁Success rate is as high as 97.85%, real-time communication: @cryptoanalyst_baker Signal entry: t.me/FcCygjylf
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.