Technical analysis of gold
Daily chart resistance 3412, support below 3284
Four-hour chart resistance 3400, support below 3322
One-hour chart resistance 3360, support below 3322
Analysis of gold news: Gold prices fell last Friday and the US dollar rose. The market digested the latest news on tariff developments, and a weaker inflation report kept hopes of a US interest rate cut alive. After the federal appeals court temporarily restored Trump's tariffs on Thursday, tariffs may once again influence the market this week. On Tuesday, Federal Reserve Chairman Powell will also give an opening speech at an event, his first speech since meeting with Trump last week. At the same time, several Federal Reserve officials spoke this week. Gold prices may continue to test the middle track of the Bollinger Band near 3300 this week. If geopolitical tensions ease, it is expected to test near 3250.
Gold operation suggestions: From the current trend analysis, the support below focuses on the 3322 level of the four-hour level, and the pressure above focuses on the suppression near the 3412 level of the daily level. The short-term long and short strength dividing line is 3250. If the daily level stabilizes above this position, continue to enter with the trend.
Buy: 3322near SL: 3317
Buy: 3350near SL: 3345
Daily chart resistance 3412, support below 3284
Four-hour chart resistance 3400, support below 3322
One-hour chart resistance 3360, support below 3322
Analysis of gold news: Gold prices fell last Friday and the US dollar rose. The market digested the latest news on tariff developments, and a weaker inflation report kept hopes of a US interest rate cut alive. After the federal appeals court temporarily restored Trump's tariffs on Thursday, tariffs may once again influence the market this week. On Tuesday, Federal Reserve Chairman Powell will also give an opening speech at an event, his first speech since meeting with Trump last week. At the same time, several Federal Reserve officials spoke this week. Gold prices may continue to test the middle track of the Bollinger Band near 3300 this week. If geopolitical tensions ease, it is expected to test near 3250.
Gold operation suggestions: From the current trend analysis, the support below focuses on the 3322 level of the four-hour level, and the pressure above focuses on the suppression near the 3412 level of the daily level. The short-term long and short strength dividing line is 3250. If the daily level stabilizes above this position, continue to enter with the trend.
Buy: 3322near SL: 3317
Buy: 3350near SL: 3345
💥Telegram Channel Free Updates 👉🏻
💥t.me/Actuary00group
✉️Signal and daily analysis channel
💥t.me/Actuary00group
✉️Signal and daily analysis channel
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.
💥Telegram Channel Free Updates 👉🏻
💥t.me/Actuary00group
✉️Signal and daily analysis channel
💥t.me/Actuary00group
✉️Signal and daily analysis channel
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.