📰 News information：
1. Geopolitical situation
2. PMI data
3. Global Central Bank Governors Meeting
📈 Technical Analysis：
The NY session is about to begin, and there are two things we need to pay attention to. First, the PMI data, and second, the talks between global central bank governors. If Powell again hints that the inflation outlook is weaker than expected, this will increase the Fed's easing bets and trigger a new round of decline in the US dollar. The dovish tone may help gold prices to further rebound. On the contrary, if Powell makes some hawkish or cautious remarks, this may exacerbate the recent downward trend in gold prices. The key point at present is the 3350 mark. If the 4H closing line of the NY session remains below 3350, then in the short term we are expected to continue to retreat to the 3330-3320 range. If the 4H closing line is above 3350 and stabilizes, gold may rebound to the 61.8% position, which is around 3372.
🎯 Trading Points：
SELL 3340-3350-3355
TP 3330-3325-3320
BUY 3330-3320
TP 3340-3350-3372
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, confronting your mistakes, and strictly disciplining yourself. I hope my analysis can help you🌐.
XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD GOLD
1. Geopolitical situation
2. PMI data
3. Global Central Bank Governors Meeting
📈 Technical Analysis：
The NY session is about to begin, and there are two things we need to pay attention to. First, the PMI data, and second, the talks between global central bank governors. If Powell again hints that the inflation outlook is weaker than expected, this will increase the Fed's easing bets and trigger a new round of decline in the US dollar. The dovish tone may help gold prices to further rebound. On the contrary, if Powell makes some hawkish or cautious remarks, this may exacerbate the recent downward trend in gold prices. The key point at present is the 3350 mark. If the 4H closing line of the NY session remains below 3350, then in the short term we are expected to continue to retreat to the 3330-3320 range. If the 4H closing line is above 3350 and stabilizes, gold may rebound to the 61.8% position, which is around 3372.
🎯 Trading Points：
SELL 3340-3350-3355
TP 3330-3325-3320
BUY 3330-3320
TP 3340-3350-3372
In addition to investment, life also includes poetry, distant places, and Allen. Facing the market is actually facing yourself, correcting your shortcomings, confronting your mistakes, and strictly disciplining yourself. I hope my analysis can help you🌐.
XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD XAUUSD GOLD Trade active
The market started to fall as we gave the trading strategy, which is completely in line with our trading strategy. At present, our short-selling trading strategy at 3340-3350 has achieved profitability. Congratulations to all the bros who followed the trading strategy. Our subsequent trading strategy still has a good reference value. We can go long after the short-term retracement gets effective support.
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👇
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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.
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.