📰 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：
The 1H chart shows that the gold price continued to pull back last night and then fluctuated at the bottom, and continued the rebound trend this morning. The key pressure level is the top and bottom conversion level. The current rebound in gold is only a secondary confirmation of the top structure at the 30-minute level. After reaching 3365, it has shown signs of short-term pressure. In a volatile market, if the price begins to consolidate horizontally, it may indicate the end of this round of volatile upward trend, and it will enter a downward phase later. Considering the market sensitivity before the release of CPI data, it is recommended to focus on the volatile decline trend. After today's rebound, it is necessary to focus on the 3365-3368 area as a short-selling range, and the long-short defense position is set at yesterday's intraday high of 3375. The support below focuses on the 3350-3340 range.
🎯 Trading Points：
SELL 3358-3368
TP 3345-3333
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：
The 1H chart shows that the gold price continued to pull back last night and then fluctuated at the bottom, and continued the rebound trend this morning. The key pressure level is the top and bottom conversion level. The current rebound in gold is only a secondary confirmation of the top structure at the 30-minute level. After reaching 3365, it has shown signs of short-term pressure. In a volatile market, if the price begins to consolidate horizontally, it may indicate the end of this round of volatile upward trend, and it will enter a downward phase later. Considering the market sensitivity before the release of CPI data, it is recommended to focus on the volatile decline trend. After today's rebound, it is necessary to focus on the 3365-3368 area as a short-selling range, and the long-short defense position is set at yesterday's intraday high of 3375. The support below focuses on the 3350-3340 range.
🎯 Trading Points：
SELL 3358-3368
TP 3345-3333
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
The current market as a whole has returned to a time when most people are bullish, and my short-selling trading ideas are definitely contrary to those of most people. Even some brothers who refer to my trading ideas may have certain concerns, but in my opinion, the overall market is expected to hover in the range of 3375-3340. The current market will hype the bullish trend, and then wait for the release of CPI data to kill a wave of bullish retail investors. In short, pay attention to CPI data, and SL if it breaks through 3375.Trade closed: target reached
The strategy has achieved a profit of nearly 130 pips. Currently waiting for the CPI data to be released before trading. I entered the market above 63 and exited at 50.
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.
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.