GOLD tariff impact and economic data superposition

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In fact, tariffs, interest rate cuts, and the reshoring of manufacturing are all a false proposition. The real reason is the distribution of wealth and the United States’ desire to continue to dominate the world. In the early stage, Russia and Europe were mired in the Ukraine crisis. It is obviously impossible to challenge the status of the United States. With the breakthroughs in military industry, energy, technology, and chip technology in other countries, the United States feels pressure and must use various excuses to suppress it. In fact, now the manufacturing industry has It is the middle and low end. More than 80% of the United States relies on consumption, technology, military industry and energy to lead the world. When someone challenges it, it will definitely not give you an easy life. There is no room for two tigers in one mountain, and financial and currency wars are gradually emerging. Moreover, 80% of the United States is in the high-tech and financial fields. They are used to pricing global assets at any time, and short and long to reap global profits at any time. Who cares about low-end manufacturing, just like if you are a billionaire, will you work as a waiter. Obviously not. You should find various excuses and uses to extract more residual value, so it is all a farce.

Gold started to rebound today. Is the market reversed? In fact, if the gold rebound does not break the 3075 line, it is too early to talk about the reversal of the gold trend. The price of gold fell from the high of 3168 on the tariff day, and reached the key attack and defense of 2956 after continuous fierce selling; it rebounded slightly on Tuesday to repair 3022 and fell to 2975 overnight, and rebounded again during the day and broke through 3022, and now reached 2974; the 4-hour chart structure is strong, and the market outlook focuses on the 61.8% node 3086 attack and defense. Below this, maintain a short-term mindset, and break through to look back at the high; short-term support 3052, strong support 3044-3040; short-term strong resistance 3078-3082.

In terms of operation strategy, our David analysis team went short at 3050-3044-3030 on Monday, adjusted 2994-3004-3008 on Tuesday, and corrected 3002-3006-3042 to 3062 today. The situation is good and the profit is continuous. At present, David recommends to follow the trend to 3086 and then adjust the direction. The specific tips will be given in the real trading.

Operation strategy:

1. It is recommended to buy gold near 3052, stop loss at 3042, and target at 3080;

2. It is recommended to sell gold around 3086, stop loss at 3096, and target at 3056; XAUUSD GOLD XAUUSD GOLD

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