Analyze with me to understand the latest news and trading signals of BTCUSD, XAUUSD, and USOIL
News analysis: Fundamentals are still the core driving force supporting prices. Uncertainty in the global economy has provided continuous momentum for safe-haven assets, especially the recent US policy of imposing tariffs on European goods has caused market concerns. At the same time, new changes in US economic data have provided additional support for gold. However, the improvement in global risk sentiment has suppressed the safe-haven demand for gold to a certain extent. Positive signals have been sent out in the US-Canada trade negotiations. In addition, Russian President Putin expressed conditional support for the 30-day ceasefire proposal proposed by the United States and Ukraine. Coupled with the fact that the Democratic Party in the US Congress has enough votes to avoid a government shutdown, investor confidence has been boosted, and part of the funds have flowed from gold to the stock market.
Technical analysis: The daily line has three consecutive positive lines, and the bulls are strong. Today, the price will continue to rise and hit the 3000 line. If it falls back in the short term, continue to go long. The support focuses on the low point of 2977-80. If it breaks down, it will weaken at any time and look for a retracement. Then pay attention to the previous high of 2956 and the breakthrough point of 2945. The upper area supports the pressure of 3000 and the trend line pressure of 3025. In addition, the 2991 area should also be paid attention to. Today is Friday. While being bullish, beware of the profit-taking of bulls after a big rise. Since the rise of 2832, the gold daily line has a three-yang and three-yin pattern. If the pattern continues to maintain, it is expected to close with a negative line today; therefore, pay attention to the high and fall in the day.
On the whole, it is recommended to go long on the pullback today, and short on the rebound as a supplement. The upper short-term focus is on the 3010-3020 line of resistance, and the lower short-term focus is on the 2986-2978 line of support.
Trading is risky, and positions should be controlled reasonably. Specific signals are subject to real-time.
There are no unsuccessful investments in the market, only unsuccessful transactions.
GOLD
XAUUSD
XAUUSD
GOLD
XAUUSD
News analysis: Fundamentals are still the core driving force supporting prices. Uncertainty in the global economy has provided continuous momentum for safe-haven assets, especially the recent US policy of imposing tariffs on European goods has caused market concerns. At the same time, new changes in US economic data have provided additional support for gold. However, the improvement in global risk sentiment has suppressed the safe-haven demand for gold to a certain extent. Positive signals have been sent out in the US-Canada trade negotiations. In addition, Russian President Putin expressed conditional support for the 30-day ceasefire proposal proposed by the United States and Ukraine. Coupled with the fact that the Democratic Party in the US Congress has enough votes to avoid a government shutdown, investor confidence has been boosted, and part of the funds have flowed from gold to the stock market.
Technical analysis: The daily line has three consecutive positive lines, and the bulls are strong. Today, the price will continue to rise and hit the 3000 line. If it falls back in the short term, continue to go long. The support focuses on the low point of 2977-80. If it breaks down, it will weaken at any time and look for a retracement. Then pay attention to the previous high of 2956 and the breakthrough point of 2945. The upper area supports the pressure of 3000 and the trend line pressure of 3025. In addition, the 2991 area should also be paid attention to. Today is Friday. While being bullish, beware of the profit-taking of bulls after a big rise. Since the rise of 2832, the gold daily line has a three-yang and three-yin pattern. If the pattern continues to maintain, it is expected to close with a negative line today; therefore, pay attention to the high and fall in the day.
On the whole, it is recommended to go long on the pullback today, and short on the rebound as a supplement. The upper short-term focus is on the 3010-3020 line of resistance, and the lower short-term focus is on the 2986-2978 line of support.
Trading is risky, and positions should be controlled reasonably. Specific signals are subject to real-time.
There are no unsuccessful investments in the market, only unsuccessful transactions.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
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.
🎁Stable weekly profit exceeds 259.7%🎁Win rate is as high as 98.83%,✔Copy accurate trading signals✔Account management. Real-time communication: t.me/cryptoanalyst_baker
Signal entry: t.me/FcCygjylf
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.