📰 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：
Bros, I had some things to deal with just now so I went out for a while. Now I come back to share my ideas. When the market is blindly chasing longs, I chose to give a bearish trading opportunity. I know that after I proposed the idea of shorting to test the support level of 3340-3330 below, many people were skeptical and even looked at it with a sarcastic attitude. After all, most people in the market are long. But facts and results have proved that only by following the trend can there be better room for operation. When doing transactions, you must first have a clear goal. Those who follow the crowd will often only blame their mistakes on others or luck.
Regarding the arrangements for future trading, first of all, 3375-3385 above is still an important short-term resistance. If today's closing is above 3360, then 3375 will most likely be tested again during the Asia-Europe trading session. Once it goes up again, it is very likely to break through the resistance area of 3375-3385. Before the US data, the price may stay at 3390 or 3400. On the contrary, if today's closing is below 3360, then the price still has room for adjustment. In this way, 3340 will not be the low point of this week. The bearish volatility in the Asian and European sessions will also test the strong support of 3330-3320.
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 XAUUSD XAUUSD XAUUSD GOLD 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：
Bros, I had some things to deal with just now so I went out for a while. Now I come back to share my ideas. When the market is blindly chasing longs, I chose to give a bearish trading opportunity. I know that after I proposed the idea of shorting to test the support level of 3340-3330 below, many people were skeptical and even looked at it with a sarcastic attitude. After all, most people in the market are long. But facts and results have proved that only by following the trend can there be better room for operation. When doing transactions, you must first have a clear goal. Those who follow the crowd will often only blame their mistakes on others or luck.
Regarding the arrangements for future trading, first of all, 3375-3385 above is still an important short-term resistance. If today's closing is above 3360, then 3375 will most likely be tested again during the Asia-Europe trading session. Once it goes up again, it is very likely to break through the resistance area of 3375-3385. Before the US data, the price may stay at 3390 or 3400. On the contrary, if today's closing is below 3360, then the price still has room for adjustment. In this way, 3340 will not be the low point of this week. The bearish volatility in the Asian and European sessions will also test the strong support of 3330-3320.
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 XAUUSD XAUUSD XAUUSD GOLD XAUUSD Note
It is recommended to go long on the pullback in the late trading. Pay attention to the support below and focus on the 3335 - 3330 range. The short-term resistance above is still at 3375.Trade active
Yesterday, gold closed below 3360. Currently, gold is blocked at the 3350-3355 level. If it can break through 3350-3355 in the morning, the bulls will further dominate. If it cannot effectively break through and stabilize above, there is a risk of the market turning around again and testing the strong support of 3330. Therefore, if it hits 3350-3355 and encounters resistance and pressure during the day, you can try shorting, and go long at 3340-3330, with the target at 3365-3375
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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.