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💡Message Strategy
Amidst heightened global economic uncertainty, the gold market has experienced a thrilling roller-coaster ride this week.
Most Wall Street professionals and retail investors are bullish on gold's short-term outlook, with a broad expectation that prices will surge past $3,400 per ounce next week.
This is driven not only by the panic caused by this week's tariff saga but also by upcoming key inflation and consumer data, which are likely to reinforce market expectations of a Federal Reserve rate cut and boost gold's appeal as a safe-haven asset.
📊Technical aspects
Next Week's Market Preparations (Two Directions)
Preparation 1: The US dollar index has been trading at a low level. If it breaks a new low intraday, gold and silver may break out of their two-week range. This presents a relatively certain window for follow-up trading, requiring advance preparation, as the timeframe is short.
Background: Expectations of a rate hike have yet to materialize, and the US dollar index will continue to trade at a low level, providing fundamental support for the highs in gold and silver.
Preparation 2: The trend line pattern at 3300 remains crucial. If it continues above 3300, the highs remain. 3400 is the key integer level for breaking through the range, and a breakout indicates continued upward movement, with the median at 3350.
Background: The high-level market foundation is in place, with bulls primarily attacking above 3350. 3400 signals a range breakout. If a rate hike is implemented, consider revisiting 3300. The 100-point swing range is ample for trading.
Direction 1: The US dollar index breaks below its lows. A break below 3400 could lead to a new high, signaling a continuation of the bullish trend. Maintain a regular position for swing trading. If it breaks through strongly, gold could potentially revisit the 3500 mark.
Direction 2: A rate hike is confirmed, signaling a 3350 level. The trend line at 3300, the depth of which will be reported separately.
💰Strategy Package
Long Position:3375-3385，SL:3355，Target: 3420-3440
💡Message Strategy
Amidst heightened global economic uncertainty, the gold market has experienced a thrilling roller-coaster ride this week.
Most Wall Street professionals and retail investors are bullish on gold's short-term outlook, with a broad expectation that prices will surge past $3,400 per ounce next week.
This is driven not only by the panic caused by this week's tariff saga but also by upcoming key inflation and consumer data, which are likely to reinforce market expectations of a Federal Reserve rate cut and boost gold's appeal as a safe-haven asset.
📊Technical aspects
Next Week's Market Preparations (Two Directions)
Preparation 1: The US dollar index has been trading at a low level. If it breaks a new low intraday, gold and silver may break out of their two-week range. This presents a relatively certain window for follow-up trading, requiring advance preparation, as the timeframe is short.
Background: Expectations of a rate hike have yet to materialize, and the US dollar index will continue to trade at a low level, providing fundamental support for the highs in gold and silver.
Preparation 2: The trend line pattern at 3300 remains crucial. If it continues above 3300, the highs remain. 3400 is the key integer level for breaking through the range, and a breakout indicates continued upward movement, with the median at 3350.
Background: The high-level market foundation is in place, with bulls primarily attacking above 3350. 3400 signals a range breakout. If a rate hike is implemented, consider revisiting 3300. The 100-point swing range is ample for trading.
Direction 1: The US dollar index breaks below its lows. A break below 3400 could lead to a new high, signaling a continuation of the bullish trend. Maintain a regular position for swing trading. If it breaks through strongly, gold could potentially revisit the 3500 mark.
Direction 2: A rate hike is confirmed, signaling a 3350 level. The trend line at 3300, the depth of which will be reported separately.
💰Strategy Package
Long Position:3375-3385，SL:3355，Target: 3420-3440
Trade active
Tariffs increase uncertainty, and coupled with rising inflation and slow employment, the risk of recession is high, supporting gold prices.
Through scientific and rigorous financial analysis and personalized strategy formulation, we help you achieve stable growth of wealth. At the same time, in a complex and changing economic environment, we help you avoid potential risks and protect the saf
Related publications
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.
Through scientific and rigorous financial analysis and personalized strategy formulation, we help you achieve stable growth of wealth. At the same time, in a complex and changing economic environment, we help you avoid potential risks and protect the saf
Related publications
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.