Spot gold prices were mixed on Monday, trading around $2,335, driven by a weaker U.S. dollar. Traders await key data from this week's U.S. Federal Reserve meeting and upcoming U.S. economic data, with market expectations tilting toward interest rates holding steady, but any hawkish stance or hints of delaying a rate cut could push the dollar higher.
In the short term, gold prices may continue to maintain a somewhat volatile trend. However, judging from the hourly trend, after continuous shocks, the price began to gradually move out of a low and narrow range, which tends to indicate that in the short-term trend , gold prices may rebound to a certain extent.
Investors can pay attention to the breakthrough of the two key positions of 2325 and 2350 as a signal to enter or exit the market. Finally, in the hourly rebound trend, investors can find suitable entry points for short-term operations, but at the same time, they should also set stop loss points to control risks.
In the short term, gold prices may continue to maintain a somewhat volatile trend. However, judging from the hourly trend, after continuous shocks, the price began to gradually move out of a low and narrow range, which tends to indicate that in the short-term trend , gold prices may rebound to a certain extent.
Investors can pay attention to the breakthrough of the two key positions of 2325 and 2350 as a signal to enter or exit the market. Finally, in the hourly rebound trend, investors can find suitable entry points for short-term operations, but at the same time, they should also set stop loss points to control risks.
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The Federal Reserve will announce its interest rate decision today, so pay close attention.
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hope this helps you
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Ten minutes later, the US will release the ADP employment data.
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Gold is trending down, I will share trading analysis on the channel.
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Our weekly profit exceeded 100%. You can find me and I will help you.
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The Federal Reserve is due to announce its interest rate decision in three hours.
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The Federal Reserve will announce its interest rate decision in less than an hour. It is easy for this to swing up or down. If you still don’t know how to trade, you can find me.
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The market is about to be volatile and if you don't know how to trade, you can find me.
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U.S. Treasury bond rates fell, which caused gold to rise.
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In the short term, gold will focus on the 2310-15 line support below and the 2330-35 line suppression above. In terms of operation, we will temporarily operate in this range and wait patiently for entry. Don't trade blindly.
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Today, gold is mainly bullish at a low level.
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There are 40 minutes left before the U.S. releases weekly unemployment claims data.
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The overall trend of gold remains unchanged, and the downward channel is still normal and safe. The pressure near 2330 is relatively large and cannot be effectively broken through. Continue to short at high levels.
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Hope it helps you.
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Gold rebounded to the area near 2345 and continued to short, with the target of 2330-2335.
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Last week our profit reached 150%, and this week we plan to exceed 200%. If you want to double your profit, you can contact me.
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Last week our profit reached 150%, and this week we plan to exceed 200%. If you want to double your profit, you can contact me.
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Brother, contacting me is your best choice. It has been proven that I have helped many people recover their losses and make money. If you are losing money, please contact me as soon as possible.