Get started

Goldminers

XAUUSD:15/4 Today’s Analysis and StrategyDaily resistance is 2374, support below is 2326-2320 Four-hour resistance is 2374, support below is 2326-2320 Gold operation advice: Last Friday, relying on the 2370 mark, the unilateral rise and breakout trend started, and then further accelerated to reach the 2390 mark. The U.S. market ushered in an accelerated surge to break through the 2400 point integer mark, and fell back under pressure near 2432 and moved quickly. fell, and started a unilateral downward trend, breaking through the bottom of 2370 and reaching around 2333. The overall price accelerated above 2400 and then quickly fell back under pressure, and the price closed below the morning rising point of 2370 to welcome a deep adjustment. From this wave of bullish upwards From the perspective of the time cycle, the current market expectations for bulls have basically been completely released. In the short term, focus on the long and short watershed below the daily line of 2320. Standing firm at 2320 is still the bull trend. From the daily analysis, the 2320 position will be the watershed between the daily long and short strength. Above it is the 2374 pressure level. During the day, rely on this range to sell high and buy low, and wait patiently for key points to enter the market. Once 2320 breaks, the short trend will begin. ! BUY:near 2320 SELL:near 2374
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD: 12/4 strategy. Beware of extreme market conditions FriGold technical analysis Daily resistance 2400-2450, support below 2342 Four-hour resistance 2400-2420, support below 2383 Gold operation advice: Yesterday, the technical aspect of gold ushered in a strong bottoming out by bulls after repeated consolidation around the 2347 mark and rebounded to a new high. The overall price formed a strong counter-package by bulls and once again hit a record high. The short-term gold price still continues to be extremely unilateral by bulls. trend. Judging from the current trend, today’s lower support focuses on the 2342 and 2383 levels, the upper pressure is 2400 and the 2410-20 area, and the short-term long and short dividing line is 2383 BUY: 2382~2086 BUY: 2372~2377
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD: 10/4 Today’s Analysis and Strategy. Gold range shockGold technical analysis Daily resistance is 2370, support below is 2337-2300 Four-hour resistance is 2365-70, support below is 2344-37 Gold operation advice: The technical side of gold rose first and then fell on Tuesday. The price in Asia and Europe stabilized at 2338 and ushered in a bullish shock and broke through the high. It further accelerated to break through the previous day's high of 2353 and continued to rise to around 2365 and fell back under pressure. The market was in shock. Yesterday, the U.S. market fell back for the second time and stabilized at the 2340-45 line, and rebounded again. The overall price accelerated and broke through the high level, forming a fallback and shock market pattern. In the short period, it still stabilized above the 2330 mark, forming a strong sideways market for bulls. Yesterday's trend also Confirming this, it once again broke through new highs and rose. Although the US market fell back yesterday, it did not fall below the starting point of yesterday's early trading. This is a typical strong market. The lows are still moving up and the highs are also moving up. So it is still possible to reach 2400 this week Judging from the daily analysis, today's upper resistance continues to focus on the 2360-64 area, the starting point of yesterday's hourly decline in the U.S. market. You can sell in this area before CPI. The short-term support below will focus on around 2344-37. CPI data will be released today, so trade with caution! Pay attention to risk management and control BUY:2344near BUY:2337near Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
I am a gold buyer. follow me! Gold is bought at 2332-2336. The short-term target is 2348-2355. If this position breaks through and stabilizes, move the target upward to 2365-2380 until above 2400. The short-term lower support position is 2319. If it falls below. Look at the strong support of 2300. Follow the trend. and boosted by news. Weak US dollar trend. Risk aversion is heating up, and all aspects of it are affecting it, making it the best time to buy gold. It’s good for buying gold. For traders who don’t know how to operate, traders who continue to operate in the opposite direction, and traders whose accounts have suffered huge losses, remember to leave me a message to receive detailed trading signals.
OANDA:XAUUSDLong
by T0_messenger
XAUUSD: 9/4 Today’s Analysis and StrategyGold was helped by central bank buying and geopolitical tensions, with strong economic data failing to dampen the metal's appeal. In recent times, the price trend of gold has attracted much attention, and today the price of gold hit a new high again. Gold has had a meteoric rise over the past two weeks or so. Still, a generally positive tone for equities amid easing geopolitical tensions in the Middle East limited further gains for the safe-haven metal amid extreme jitters on the daily chart. Ahead of this week's U.S. CPI data and the Federal Reserve meeting minutes, some bulls may choose to take profits and trigger a short-term correction in gold prices. Now that the gold price has strongly exceeded the 2350 mark, it is expected to rise towards the 2380-2400 area. There are few economic data on this trading day. We will focus on the market’s expectations for the U.S. CPI data for March that will be released on Wednesday, and pay attention to the situation in the Middle East. gold analysis Daily resistance is 2400, support below is 2300-2280 Four-hour resistance is 2370, support below is 2342-2330 ✅Gold operation suggestions: Judging from the current market trend, focus on the strong support of 2328-2330 below, and the short-term long and short dividing line of 2328. Go long when reaching strong support, gold breaks through history again, short sellers will not participate for the time being BUY:near 2330 BUY:near 2340 Technical analysis only provides trading direction!
OANDA:XAUUSD
by ActuaryJ
XAUUSD: 8/4 Today’s Analysis and StrategyDaily resistance is 2354, support below is 2300-2276 Four-hour resistance 2342-54, support below 2300-2276 Gold operation advice: From the perspective of the general cycle trend of gold, the gold weekly maintains an upward trend, with high points being refreshed again and again, with the target targeting 2400. Although there is hope that it will continue to break through, it will take time. The weekly trend has been rising in recent weeks. Large fluctuations, but the general direction remains unchanged On Monday, gold opened lower and hit a low near 2304. Today, focus on the 2300 integer and 2276 support below. The upper resistance is 2342 and 2354. The short-term long-short dividing line is 2305. Fall back to this position and continue to go long. BUY:2305 near BUY:2276 near SELL:2354 near
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD: 4/4 Today analysis and strategyA weaker U.S. dollar and geopolitical tensions provided support to gold prices. According to the latest news, three Iranian soldiers were killed in terrorist attacks on two military headquarters in southeastern Iran. Federal Reserve Chairman Powell reiterated the path of interest rate cuts this year. The US dollar was sold off. International gold reversed its previous decline due to strong ADP employment data and turned to a sharp rise. Gold rose nearly 20 US dollars on Wednesday, once exceeding 2,300 US dollars, setting a record. . Concerns about inflationary pressures boosted hedging demand for gold, U.S. service sector growth slowed further in March, and the U.S. dollar index fell from a four-and-a-half-month high to a one-week low, continuing to provide upward momentum for gold prices. Gold, a hedge against inflation and a safe haven in times of political and economic uncertainty, has risen more than 11% so far this year, helped by strong purchases by the Federal Reserve and safe-haven demand. This trading day will usher in the number of U.S. challenger company layoffs in March, the U.S. trade balance in February, and changes in the number of U.S. initial jobless claims for the week ending March 30. Investors need to focus on this. gold analysis Daily resistance is 2340, support below is 2280-40 Four-hour resistance is 2305, support below is 2280-65 Gold operation advice: The price of gold accelerated its rise and hit a record high. The daily level has risen for seven consecutive days and continues to maintain a strong bullish rhythm. At the same time, the overall rhythm recently has been a strong adjustment within the day and accompanied by a late pull-up, breakthrough closing, and a strong bullish pattern. The current highest price is around US$2,305. Gold continues to be bullish today and there is still room and demand for gold. Today, gold will focus on the lower support near 2,280. We can try to go long. Above, we can look at US$2,320 and US$2,340. ! BUY:2277-83 BUY:2265-69 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD: 3/4 Today Analysis and StrategyGold continued its gains on Wednesday and then began to fall after reaching 2288. Traders snapped up safe-haven assets amid rising tensions in the Middle East. Largely ignored, a stronger U.S. dollar and bets on U.S. interest rate cuts have sent gold prices to another record high. Data released on Monday showed that U.S. manufacturing activity expanded in March for the first time in a year and a half, and the dollar jumped in response. After the data was released, traders saw the probability of a rate cut in June falling to 58% from around 60% previously. However, speeches by Fed officials and a mild slowdown in employment data on Tuesday pushed expectations for a rate cut by the Fed in June back up slightly to around 64%. Gold continues to break historical records after news of an Israeli airstrike on the Iranian embassy in Syria was released. Investors seeking a safe haven as geopolitical risks intensified rushed to pursue gold. At the same time, gold prices have risen 14% since mid-February this year on signs that a much-anticipated U.S. Federal Reserve policy shift is nowhere in sight. This week, investors will focus on the U.S. non-farm payrolls (NFP) data for March, which will be released on Friday. Labor market data could provide clues as to when the Federal Reserve will begin cutting interest rates. Daily resistance is 2300, support below is 2229 Four-hour resistance is 2290, support below is 2270-46 Gold operation suggestions: Yesterday, the gold price received support at the 2250 mark and ushered in a strong effort to break the all-time high. The short-term support is 2070-60 below. The dividing line between long and short is currently around 2246 below. Pay attention to the situation of breaking new highs and 2300 above. BUY:2267~2270 BUY:2260~2255 BUY:2246~2250 SELL: near 2290 SELL:near 2230
OANDA:XAUUSDLong
by ActuaryJ
XAUUSD: 2/4 Enter Gold Analysis and StrategyThe price of gold fell back on Monday. Earlier, as the market's expectations for the Federal Reserve's interest rate cut in June increased after the PCE data last Friday, gold once refreshed its all-time high to 2265, but then the price of gold gave back part of the gains. On the one hand, bulls took profits. On the other hand, the U.S. ISM only returned above the 50 mark after a year and a half of PMI data. Market expectations for an interest rate cut in June fell again, and the U.S. dollar and bond yields rose, causing spot gold to narrow its late gains to 0.8%. , closing at $2,251 Gold prices continue to climb this week. Gold cash hit an intraday high of $2,265, a record high. It is expected that under multiple factors such as the slow global de-inflation process, global central bank gold purchase demand will remain strong in the long term, which will also form strong support for the gold price center. In the short term, the U.S. dollar index is still biased towards strength in the short term, while the gold price has risen too much in the short term. We need to beware of the risk of a short-term shock correction in gold prices. On this trading day, you need to pay attention to the monthly rate of U.S. factory orders and February JOLTs job vacancies in the U.S., pay attention to the speeches of New York Fed President Williams, Cleveland Fed President Mester, and San Francisco Fed President Daley, and pay attention to the market's expectations for the Federal Reserve to cut interest rates. Changes in the performance of the U.S. dollar and U.S. bond yields will also affect the short-term gold price trend. Daily resistance is 2270, support below is 2200 Four-hour resistance is 2265, support below is 2217-2222 Yesterday, the technical side of gold rose first and then fell. The opening of the Asian market opened with a rapid rise based on the 2243 line. Later, it accelerated and broke through the 2265 mark and then fell back under pressure. It fell into a volatile consolidation. The US market pulled back for a second time and came under pressure at the 2257 mark, and then fell back and hit the downward trend. Crossing the 2240 mark and reaching around 2228, the overall price stepped back at the 2230 mark for a second time to test the effective support. In the short term, this position will become a watershed between bulls and bears. The daily level stabilizes above 2230 and continues to maintain the bullish strong rhythm. Judging from the daily analysis, the lower support today is still focused on the 2222-35 area, and the upper pressure is focused on the 2260-65 area that opened yesterday. SELL: 2265~2270 BUY:2222~2217 BUY:2235~2240 Technical analysis only provides trading direction! Contact Jiesse for trading support
OANDA:XAUUSDLong
by ActuaryJ
The price of gold is about to continue its phased decline, Gold in the Asian market rose again to the 2060 level, which is similar to my expectations. The current digestion period of the news is almost over, and intraday trading is mainly selling at high levels. 2060-2057 is a good position. There is currently no significant news boosting the market, which is not conducive to gold's rise. In terms of trend, the gold price rise is weak, so focus on it during the day. Can the positions of 2255-2254, 22482247, and 2240-2241 be stabilized smoothly? If not, you can mainly sell at high levels. Related Products: MCX:GOLD1! COMEX:GC1! COMEX_MINI:MGC1! TVC:DXY BINANCE:BTCUSDT BINANCE:ETHUSD
OANDA:XAUUSDShort
by T0_messenger
1
XAUUSD: 28/3 Today’s Analysis and StrategyGold suddenly fell rapidly in the short term on Thursday, with the London gold price just falling below $2,190. Governor Waller, who has been the recent benchmark for Fed policy, said late Wednesday local time that he believed there should be no rush to cut interest rates after inflation data strengthened in the first two months of this year. Stimulated by Waller's latest remarks, the U.S. dollar index continued to rise in the short term, which put pressure on spot gold to decline. The yen fell sharply to its lowest level since 1990, before rebounding sharply after Japanese officials met to discuss market conditions and signaled preparations for intervention. Spot gold prices climbed sharply by $16 on Wednesday as investors awaited key U.S. inflation data later this week, which could provide more clues on the Federal Reserve's policy path. Investors are now awaiting key U.S. inflation data later this week, which could provide more clues on the Fed's policy path. This trading day will also see changes in the number of initial jobless claims in the United States, the final value of the fourth quarter GDP of the United States, and the final value of the University of Michigan Consumer Confidence Index in March. Gold technical analysis Daily resistance is 2250, support below is 2177-2145 Four-hour resistance is 2200, support below is 2150 Gold operation suggestions: Judging from the daily analysis, today's support at the bottom will focus on 2178, and the pressure at the top will be 2200-2210. Today, we will rely on this range to sell high and buy low. The watershed between short-term long and short strength is 2170. Only if the daily level closes below this level will the downward adjustment space be opened. Otherwise, time will continue to be exchanged for space and the oscillations in the long and short range will continue. SELL:near 2210 SELL:near 2178 Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
1
XAUUSD: 25/3 Today’s Analysis and StrategyGold was trading around 2166 on Monday; affected by a series of factors, gold prices experienced extremely rare fluctuations last week, with a single-week fluctuation of nearly $77. Last Friday, due to the optimistic economic outlook of the United States, DXY strengthened, and DXY refreshed its monthly high of 104.41. Precious metals faced a sharp sell-off, and the price of gold expanded its decline to around 2157. After the Federal Reserve's monetary policy meeting, it retained expectations of three interest rate cuts during the year, which put pressure on the U.S. dollar, but helped London gold prices rise to a record high above $2,220. Although the Fed has hinted that it may cut interest rates three times in 2024, the final decision will depend on economic data. Gold bulls may stage a comeback if upcoming U.S. data supports a rate cut, however, bears are also lurking, waiting for the next opportunity to suppress prices. Due to the tense conflict between Russia and Ukraine, investors need to beware of further escalation of the geopolitical situation caused by terrorist attacks, which is expected to provide further upward momentum for gold prices. New home sales data will be released on Monday, durable goods, consumer confidence and Richmond Fed survey data will be released on Tuesday, and MBA mortgage applications will be released on Wednesday. However, Thursday will be the busiest day next week due to the Easter long weekend, when final fourth-quarter GDP data, jobless claims, pending home sales data and the University of Michigan Consumer Sentiment Survey will be released data. Gold technical analysis Daily resistance is 2250, support below is 2177-45 Four-hour resistance is 2186, support below is 2150 Gold operation suggestions: Last Friday, as the market began to consider the possibility that the Federal Reserve would cut interest rates later, the U.S. dollar index continued to strengthen. The technical aspect of gold was suppressed below 2186, showing a weak and volatile adjustment. The Asian market opened slightly higher throughout the day and came under pressure of 2186, and then began to fall continuously downward. Then it accelerated downward and broke through 2170 to reach around 2162 and fell into sideways shock. The US market reversed for a second time and came under pressure. 2180 fell back again and fluctuated downward to break the bottom and close. The daily K-line closed negative. The overall price continued to suppress and adjust at the short-term high of 2222, and the short-term long and short strength dividing line moved down to the 4-hour top-bottom conversion level of 2186. Judging from the four-hour daily analysis, the current daily level is still consolidating in the range before it breaks through the 2145 position below. Today, the short-term resistance above is 2186. Before the short-term daily level does not break through and stands above 2186, high-level consolidation is cautious to pursue the bullish trend. BUY:near 2145 SELL:near 2186 Technical analysis only provides trading direction! Contact Jiesse for trading support
OANDA:XAUUSDShort
by ActuaryJ
XAUUSD: 18/3 Today’s Gold Trading StrategyData last week showed that U.S. consumer prices rose more than expected in February, and producer prices also showed a certain degree of inflationary stickiness. Traders have reduced their bets on an interest rate cut in June. Gold prices fell more than 0.8% last week. Spot gold has already priced in the positive push from expectations of lower interest rates. If inflation starts moving higher again, it means policymakers will have to keep monetary policy tighter for longer. Although gold does not particularly like high interest rate environments, if the reason for interest rates remaining so high is overheating inflation this naturally means that people will turn to international gold again. Higher-than-expected inflation continues to put pressure on the Federal Reserve to keep interest rates high, putting pressure on gold prices. The non-yielding precious metal is also used as a hedge against inflation. Central banks will be in focus this week. The Bank of Japan and the Reserve Bank of Australia will announce interest rate decisions on Tuesday, the Federal Reserve will announce interest rate decisions on Wednesday, and the Bank of England and the Swiss National Bank will announce interest rate decisions on Thursday. The market will also focus on Tuesday's U.S. housing starts and building permits, as well as Thursday's weekly jobless claims, Philadelphia Fed manufacturing survey, PMI preview data and existing home sales. Gold technical analysis: Daily resistance is 2184, support below is 2124-00 4H resistance is 2158, support below is 2124-00 Gold operation suggestions: Judging from the daily and four-hour analysis, today's short-term strong short-term strong dividing line is around 2158. Short-term pressure will focus on around 2158. The focus below will be on the daily level support of 2124 and today's low near 2145. BUY:2140-2145 BUY:2120-2125
OANDA:XAUUSDShort
by ActuaryJ
1
XAUUSD: 19/3 Gold awaits triangle breakoutGold prices edged higher in quiet trading on Tuesday as investors braced for monetary policy decisions from major central banks. While the Bank of Japan (BoJ), Bank of England (BoE) and the Federal Reserve (Fed) will announce their decisions, the focus will be on the Fed. The Fed's hawkish bias could push gold prices higher as market participants anticipate less likelihood of a rate cut. Data showed that U.S. consumer prices grew steadily in February and producer prices rose more than expected, indicating that inflation is somewhat sticky. Gold prices fell by about 1% last week. Although gold has traditionally been considered an inflation hedge, raising interest rates to curb price increases has discouraged investment in gold because it does not pay interest. Gold prices were still supported by speculation that the Federal Reserve would begin easing monetary policy earlier than expected. However, gold prices plunged nearly 1% last week as an unexpected acceleration in U.S. consumer and producer inflation spurred a surge in U.S. Treasury yields. As a result, the U.S. dollar gained over 0.69% last week while gold fell, according to the U.S. Dollar Index. Gold technical analysis Daily resistance is 2177, support below is 2124 Four-hour resistance is 2168, support below is 2158-24 ✅Gold operation suggestions: Yesterday, the overall technical aspect of gold fell first and then rose, ushering in a deep V rebound. The Asian and European prices suppressed the shock below 2157 and fell back to break the bottom. Then they retreated further downwards and penetrated the 2150 mark to reach around 2146 and fell into sideways shocks. The European and American prices The price of gold stabilized and rebounded, returning to a strong and volatile close above 2160. The daily K-line closed slightly higher. The overall price showed a short-term support and stabilization form at the 2146 mark. However, the price above was still suppressed and fluctuated below the daily starting and falling point of 2172 last Friday. The short-term price there is a high probability that it will continue to run up and down repeatedly within the range. Today, the lower four-hour and daily support will focus on around 2150/2124, and the upper pressure will focus on 2168-77. Wait for the Fed’s interest rate decision with peace of mind, and trade with caution! SELL:near 2170 SELL:near 2160 BUY:near2124 Technical analysis only provides trading direction!
OANDA:XAUUSDShort
by ActuaryJ
2
20/3 gold market analysis, waiting for news releaseGold fluctuated within a narrow range on Wednesday and is currently trading around $2,154. Gold prices fell slightly on Tuesday, with spot gold closing down 0.13% at $2,157.40. The intraday low hit $2,147.03, as U.S. single-family housing starts rebounded sharply in February, hitting the highest level in nearly two years, and the dollar strengthened. Markets are focused on signals from the Federal Reserve on its interest rate stance at the end of its two-day policy meeting. Gold prices hit a record high of $2,195 on March 8, but fell nearly 1% last week after higher-than-expected U.S. consumer and producer price inflation in February reduced hopes for an early interest rate cut by the Federal Reserve. Because inflation may remain high and difficult to reduce. While the Fed is widely expected to keep interest rates unchanged on Wednesday, markets are awaiting comments from Fed Chairman Jerome Powell after the meeting to learn the Fed's latest interest rate expectations. Non-yielding metals remained subdued as traders awaited a decision from the Federal Reserve. In addition to issuing a monetary policy statement, policymakers are expected to update their forecasts for the U.S. economy. Growing concerns that the Federal Reserve will lower the federal funds rate (FFR) are making traders nervous. While the Fed is widely expected to keep interest rates steady on Wednesday, markets are awaiting subsequent comments from Fed Chairman Jerome Powell on his latest interest rate outlook. Today's U.S. interest rate decision will break gold's multi-day shock range. Gold technical analysis Daily resistance is 2177, support below is 2124 Four-hour resistance is 2168, support below is 2158-2124 So, don’t be impulsive today, many people’s accounts will be completely burned
OANDA:XAUUSD
by ActuaryJ
Real-time analysis of gold price Today, the lower support will focus on 2145-50, and the upper pressure will focus on 2170. During the day, we will first rely on the high altitude and low long cycle of this range to participate in the rhythm of long and short shock operations. At the midline position, you should watch more and move less, follow orders cautiously, and wait patiently for key points to enter the market. Always pay attention to my signals to make the right choice from them I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
OANDA:XAUUSD
by Gold_Digger_King
XAUUSD:14/3 Today’s Analysis and Trading StrategyGold fluctuated within a narrow range on Thursday and is currently trading around $2,170. Gold prices rose 0.75% on Wednesday to close at $2,174, boosted by a weaker U.S. dollar as investors still held out hope for a rate cut by the Federal Reserve in June despite scorching U.S. inflation data, while escalating geopolitical tensions maintained safe-haven demand for international gold. Gold prices rebounded, recovering from the previous session's losses, boosted by a weaker U.S. dollar. Gold prices retreated from record highs set last week on Tuesday, posting their worst one-day drop since February 13, after a report showed U.S. consumer prices rose sharply in February, suggesting some stickiness in inflation. Higher-than-expected inflation means more pressure on the Federal Reserve to keep interest rates high, putting pressure on non-yielding assets such as gold. The precious metal is also used as a hedge against inflation. This is reinforced by the softer tone in U.S. Treasury yields, which has put dollar bulls on the defensive and acted as a driver for gold prices. As the U.S. dollar index fell 0.2%, overseas buyers were more willing to buy gold to avoid risks. Despite the disappointing consumer price index, U.S. monetary policy authorities may judge that price pressures are easing. Gold has the potential to rise as long as economic data continues to be weak, with the focus now on U.S. retail sales (commonly known as the "terror index"), producer price index and last week's jobless claims, all of which are due to be released on Thursday. Gold technical analysis Daily resistance is 2184, support below is 2124-00 Four-hour resistance is 2200, support below is 2167-53 Gold operation suggestions: From the daily and four-hour analysis, today's support at the bottom will be around 2164-53, short-term pressure at the top will be around 2184, and strong resistance will be at 2195-2200. The short-term long-short dividing line will be around 2150. You can continue to participate in long positions before the daily level falls below this level. If it falls below this level, you will look towards the 2124 target. BUY:2148-2153 SELL:2195-2200 SELL:2148-2153
OANDA:XAUUSDShort
by ActuaryJ
4
XAUUSD:15/3 Today’s Analysis and StrategyThe final value of U.S. retail sales data in February was 0.6%, lower than the expected 0.8%, but higher than the previous value of -0.8%. The final value of PPI in February was 1.6%, exceeding the expected 1.11%, and the previous value was 1%. PPI rose 0.6% month-on-month, twice the expected value, and the previous value was 0.3%. The rise in energy prices is the main reason for the rise in February's PPI data. Combined with Tuesday's CPI data, it is not able to support the Federal Reserve's implementation of interest rate cuts at the next meeting. Judging from the data, the target of inflation falling back to 2% is still far away. Affected by the data, the price of gold rose first and then fell yesterday, and then rose again to recover the decline. The intraday low hit below $2,153, and was supported again near the previous low of $2,150. The final price closed at $2,162. In the short term, the support below $2,150 is effective. Gold technical analysis Daily resistance is 2184, support below is 2124-00 Four-hour resistance is 2200, support below is 2167-53 Gold operation suggestions: Judging from the daily and four-hour analysis, today's support below will focus on around 2150. During the day's decline, rely on this position to continue to go long. The short-term pressure above will focus on around 2184, the strong resistance will be 2195, and the short-term bullish strong dividing line will focus on 2150. SELL:2195~2200 BUY:2148~2153 Technical analysis only provides trading direction!
OANDA:XAUUSDLong
by ActuaryJ
1
Gold real-time trading analysis On Monday (March 18), spot gold bottomed out and rebounded, with the price rising at $2,147. According to the latest analysis, gold is supported at $2,145.35. The price of gold is now $2,155. Based on current gold trends, gold prices will continue to rise. It is predicted that the price of gold will rise to around $2,160 and then fall. Always pay attention to my signals to make the right choice from them. It is recommended to go short in the short term: short around $2160. I will share trading strategies and trading ideas every day. Follow me in the channel at the bottom of the article to get detailed trading signals. I hope that with my help, everyone can make huge profits!
OANDA:XAUUSDShort
by Gold_Digger_King