📰 News information：
1. Waller meeting on interest rate cuts
2. Trump tariff issues
📈 Technical Analysis：
Waller will participate in the meeting in more than two hours and pay attention to whether there is any news of interest rate cut. The key is to operate around the 3330-3310 range. Continue to pay attention to the support of 3310-3305 at night. If gold falls below 3310,-3305 again, the downward trend will continue, and it is expected to touch 3280 again, or even 3250. If it rebounds above 3330, it is likely to continue to rise.
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD
1. Waller meeting on interest rate cuts
2. Trump tariff issues
📈 Technical Analysis：
Waller will participate in the meeting in more than two hours and pay attention to whether there is any news of interest rate cut. The key is to operate around the 3330-3310 range. Continue to pay attention to the support of 3310-3305 at night. If gold falls below 3310,-3305 again, the downward trend will continue, and it is expected to touch 3280 again, or even 3250. If it rebounds above 3330, it is likely to continue to rise.
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, facing your mistakes, and exercising strict self-discipline. I share free trading strategies and analysis ideas every day for reference by brothers. I hope my analysis can help you.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD Note
Pay attention to Waller's speech at the meeting to see if there is any news on rate cuts. Judging from the abnormal trend of gold's rebound, the short-term rebound is more like the promotion of risk aversion rather than a real reversal. We have already witnessed the strong resistance of 3330-3335 during the European session. If it cannot effectively break through 3330 points in the short term, it will continue to fall. If it breaks through 3330, it is expected to reach the 3345 line I mentioned this morning. From a technical perspective, I prefer to short in the short term. The resistance range of 3325-3330 above is a good position to go short when encountering resistance and pressure.Trade active
Fed's Daly: I think the Fed may take two interest rate cuts, and the Fed is considering implementing a rate cut in the fall. If there is indeed hope for a rate cut in the short term, then gold may rise in the future, possibly reaching the 3345 line.Note
Trade closed: target reached
Gold broke through 3330 as expected, reaching a high of around 3344, which is in line with our overall judgment of the market. We are currently shorting around 3341 and considering seeing 3330, and looking for trading opportunities between 3350-3320 to go long
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Engaged in trading for many years,with an accuracy rate of up to 90%🏅If you want to get guidance from professional mentors and get free trading signals📈we can answer any questions you have as soon as possible👇Seize the opportunity to seize profits👇
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.