💹Fundamental analysis
Recently, many Fed officials have called for patience.
Regarding tariffs, they have repeatedly emphasized that although the increase in import costs has pushed up prices, the high prices are caused by shrinking consumption, declining employment and shrinking family wealth.
The final inflation increase may be lower than market expectations.
Is the current Fed in a dilemma?
On the one hand, we need to guard against economic downturn, and on the other hand, we need to be vigilant about inflation caused by tariff policies.
📊Comment analysis
On Thursday, the gold price rose rapidly to $3,365 in the Asian session, and then the European and American sessions were dominated by fluctuations. The current market fluctuations are not large, mainly based on corrections. This is also a temporary rest since the gold price plummeted from $3,500, giving everyone the opportunity and time to reorganize their ideas.
In addition, gold hit $3,370 again in the Asian session today. Recently, the Asian session is obviously larger than the European and American sessions. The main fluctuations are collectively in the Asian session. Whether this rebound will form a reversal depends on the breakthrough of $3,385. The bull market in the big direction has not encountered a breakout. What we need to pay attention to every day is the current intraday fluctuations, not the medium- and long-term layout.
💰Strategy Package
Long position:
Actively participate at 3,300 points, with a profit target of around 3,340 points
Short position:
Actively participate at around 3,360 points, with a profit target of around 3,320 points
⭐️ Note: Labaron hopes that traders can properly manage their funds
- Choose the number of lots that matches your funds
- Profit is 5-10% of the fund account
- Stop loss is 1-3% of the fund account
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"The Golden Key to Financial Freedom" welcome to join the free channel
t.me/+alDpuIRD9vU4MWQx
t.me/+alDpuIRD9vU4MWQx
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.