📰 Impact of news:
1. Geopolitical risks
2. Expected Fed policy
📈 Market analysis:
This week, the Federal Reserve's policy meeting, retail sales data, initial jobless claims and geopolitical situation will be the core factors affecting global markets. In the short term, gold rebounded after hitting the 3383 line. This round of decline was relatively rapid. At the same time, there is a certain resistance at the 3405-3410 line above in the short term, which is also the main reason for our long orders to leave the market. In the short term, it is recommended to first look at the support situation at the 3380 line below, and then enter the long order after obtaining effective support above this position. On the contrary, if it falls below this short-term support, the gold price is expected to fall to the 3350 mark! For the evening layout, it is recommended to focus on the 3400 long-short watershed, pay attention to the 3410 line of resistance, and pay attention to the 3380 line of support below.
🏅 Trading strategies:
BUY 3390-3380
TP 3400-3410-3420
SELL 3400-3390
TP 3380-3360-3350
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD
1. Geopolitical risks
2. Expected Fed policy
📈 Market analysis:
This week, the Federal Reserve's policy meeting, retail sales data, initial jobless claims and geopolitical situation will be the core factors affecting global markets. In the short term, gold rebounded after hitting the 3383 line. This round of decline was relatively rapid. At the same time, there is a certain resistance at the 3405-3410 line above in the short term, which is also the main reason for our long orders to leave the market. In the short term, it is recommended to first look at the support situation at the 3380 line below, and then enter the long order after obtaining effective support above this position. On the contrary, if it falls below this short-term support, the gold price is expected to fall to the 3350 mark! For the evening layout, it is recommended to focus on the 3400 long-short watershed, pay attention to the 3410 line of resistance, and pay attention to the 3380 line of support below.
🏅 Trading strategies:
BUY 3390-3380
TP 3400-3410-3420
SELL 3400-3390
TP 3380-3360-3350
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
GOLD XAUUSD XAUUSD XAUUSD XAUUSD 
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Any transaction that is not for profit is a failure! Lead members to double their accounts in one week, with an accuracy rate of up to 90-95%, free sharing group: t.me/Allenview
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.