📰 News information：
1. Focus on tomorrow's CPI data
2. Bowman's speech at the Federal Reserve
3. Tariff information outflows and countries' responses to tariff issues
📈 Technical Analysis：
This week, the US CPI data, consumer index, tariff issues and geopolitical situation are all key points to pay attention to. In the morning, both our long and short positions had good gains, making a good start to the week. The best way is to follow the trend and grab limited profits!
In the 4H cycle, the current trend shows a Zhendan upward pattern, and bulls still occupy the dominant low position in the short term. At the daily level, three consecutive positive days at the end of last week broke through the middle track, and the high point broke through the previous high, indicating that the short-term adjustment is over, and the rise in the market to test 3400 will be a high probability event. At present, the MACD daily line is bullish, the Bollinger Bands are flat, and the gold price is above the middle track. The bulls are strong, but there is still a need for a correction. Intraday trading focuses on the strength of the European session. If the European session is strong, the US session will continue to rise, and if the European session is weak, the US session will bottom out again. In the short term, if it touches 3370-3375 again, you can consider shorting and look towards 3365-3355 SL 3380.
🎯 Trading Points：
sell 3370-3375
tp 3365-3355-3345
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.
XAUUSD GOLD XAUUSD XAUUSD XAUUSD XAUUSD
1. Focus on tomorrow's CPI data
2. Bowman's speech at the Federal Reserve
3. Tariff information outflows and countries' responses to tariff issues
📈 Technical Analysis：
This week, the US CPI data, consumer index, tariff issues and geopolitical situation are all key points to pay attention to. In the morning, both our long and short positions had good gains, making a good start to the week. The best way is to follow the trend and grab limited profits!
In the 4H cycle, the current trend shows a Zhendan upward pattern, and bulls still occupy the dominant low position in the short term. At the daily level, three consecutive positive days at the end of last week broke through the middle track, and the high point broke through the previous high, indicating that the short-term adjustment is over, and the rise in the market to test 3400 will be a high probability event. At present, the MACD daily line is bullish, the Bollinger Bands are flat, and the gold price is above the middle track. The bulls are strong, but there is still a need for a correction. Intraday trading focuses on the strength of the European session. If the European session is strong, the US session will continue to rise, and if the European session is weak, the US session will bottom out again. In the short term, if it touches 3370-3375 again, you can consider shorting and look towards 3365-3355 SL 3380.
🎯 Trading Points：
sell 3370-3375
tp 3365-3355-3345
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.
XAUUSD GOLD XAUUSD XAUUSD XAUUSD XAUUSD Trade active
Our trade hit TP again, and when the market voices were telling you to go long around the highs, we had already made a profit by going short again. If you have lost your way recently, your trading is not going well, or your investment is shrinking, you can refer to my trading strategy. I believe it will be helpful to you.Trade closed: target reached
From a technical analysis perspective, in the short term, due to the impact of issues such as tariffs and the Federal Reserve's interest rate cuts, risk aversion has surged, causing gold prices to soar and data indicators to be severely overbought. Does this mean that the bulls have completely taken control of the market? Of course not! In my opinion, in the short term, the market needs to digest this part of the bullish momentum first, because the weekly line has been fluctuating for three consecutive weeks to form support at the bottom. If you want to arrange long orders at a low level, it must be above 3282, so 3295-3288 is the best point. At the same time, if the daily line rises directly, it cannot fall below the SMA60 support line corresponding to the 3323 line. That is, you have to start arranging long orders at 3333-3330. Therefore, in the short term, gold will inevitably usher in a wave of retracement corrections before it can continue to chase longs. This is also why I am bearish when the market is bullish.SELL 3350-3345
TP 3340-3330-3320
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.
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.