Today's gold price: 3330-3340 continue to go long
Market core driving logic
Risk aversion continues
US steel tariffs rise from 25% to 50%, trade frictions heat up
Ukraine-Russia negotiations break down, geopolitical risks remain
The widening fiscal deficit has caused concerns about the credit of the US dollar
Federal Reserve policy supports gold prices
Officials such as Waller and Goolsbee have clearly released signals of two interest rate cuts this year
New tariffs push up inflation, but do not affect the path of interest rate cuts (policy focus shifts to economic stability)
Technical pattern highlights (4-hour cycle)
The bullish structure is not broken: the intraday correction did not fall below the previous high of 3325, and it is still a normal correction after the breakthrough
Support concentration area: 3335--3345 (previous high conversion support)
Upper target:
① 3380 (Asian session high) → ② 3392 (historical high) → ③ 3400 (psychological barrier + upper channel track)
📌Note: If the 3330-3335 support is not reached before the US market, the 3350 short-term stabilization signal can be observed.
Operation strategy after correction
1. Long position layout
Entry range: 3330-3335 (main plan) or 3350 rapid stabilization (alternative plan)
Stop loss: below 3322 (3-5 US dollars lower than the previous high)
Target ladder:
→ First stop profit: 3370
→ Second stop profit: 3392-3400
Position conditions: The price continues to stand above 3340, and the MACD golden cross rises with large volume
2. Breakout and rising plan
If the price breaks through 3400 strongly, it will fall back to 3390 and chase long with a light position, stop loss 3380, and target 3420-3435
Risk warning
Event risk
Speech by Fed officials (pay attention to the revision of interest rate cut expectations)
The specific list of new US tariffs on China is announced (if announced) (exceeding expectations or causing fluctuations)
Operation principle: The current market risk aversion sentiment + easing expectations have not changed, so buy low and avoid rushing to pull back against the trend. Focus on the flow of funds during the US trading session
Market core driving logic
Risk aversion continues
US steel tariffs rise from 25% to 50%, trade frictions heat up
Ukraine-Russia negotiations break down, geopolitical risks remain
The widening fiscal deficit has caused concerns about the credit of the US dollar
Federal Reserve policy supports gold prices
Officials such as Waller and Goolsbee have clearly released signals of two interest rate cuts this year
New tariffs push up inflation, but do not affect the path of interest rate cuts (policy focus shifts to economic stability)
Technical pattern highlights (4-hour cycle)
The bullish structure is not broken: the intraday correction did not fall below the previous high of 3325, and it is still a normal correction after the breakthrough
Support concentration area: 3335--3345 (previous high conversion support)
Upper target:
① 3380 (Asian session high) → ② 3392 (historical high) → ③ 3400 (psychological barrier + upper channel track)
📌Note: If the 3330-3335 support is not reached before the US market, the 3350 short-term stabilization signal can be observed.
Operation strategy after correction
1. Long position layout
Entry range: 3330-3335 (main plan) or 3350 rapid stabilization (alternative plan)
Stop loss: below 3322 (3-5 US dollars lower than the previous high)
Target ladder:
→ First stop profit: 3370
→ Second stop profit: 3392-3400
Position conditions: The price continues to stand above 3340, and the MACD golden cross rises with large volume
2. Breakout and rising plan
If the price breaks through 3400 strongly, it will fall back to 3390 and chase long with a light position, stop loss 3380, and target 3420-3435
Risk warning
Event risk
Speech by Fed officials (pay attention to the revision of interest rate cut expectations)
The specific list of new US tariffs on China is announced (if announced) (exceeding expectations or causing fluctuations)
Operation principle: The current market risk aversion sentiment + easing expectations have not changed, so buy low and avoid rushing to pull back against the trend. Focus on the flow of funds during the US trading session
💸Free signal：t.me/+mXGe9RqxR2QwNjdk
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.
💸Free signal：t.me/+mXGe9RqxR2QwNjdk
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.