🗞News side:
1. Hamas official: If a permanent ceasefire is achieved, control of the Gaza Strip can be handed over
2. Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rates are no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to fall to 2.2% in April.
3. Russia and Ukraine reached a ceasefire at the technical level
📈Technical aspects:
Yesterday, the gold price staged a V-shaped reversal and once rose to close near 3244. Although the technical indicators in the hourly chart show a favorable situation, there has been no correction in the current round of gold price increase, and the rise is slow. In addition, the RSI has entered the overbought area, so we need to be alert to the possibility of gold price correction today. Focus on the 3250-3260 resistance on the top and the 3210-3200 support on the bottom.
SELL 3245-3250 TP 3210-3200
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD XAUUSD GOLD XAUUSD XAUUSD
1. Hamas official: If a permanent ceasefire is achieved, control of the Gaza Strip can be handed over
2. Fed Chairman Powell: The Fed is adjusting its overall policy-making framework. Zero interest rates are no longer a basic situation. The wording of underemployment and average inflation rate needs to be reconsidered. PCE is expected to fall to 2.2% in April.
3. Russia and Ukraine reached a ceasefire at the technical level
📈Technical aspects:
Yesterday, the gold price staged a V-shaped reversal and once rose to close near 3244. Although the technical indicators in the hourly chart show a favorable situation, there has been no correction in the current round of gold price increase, and the rise is slow. In addition, the RSI has entered the overbought area, so we need to be alert to the possibility of gold price correction today. Focus on the 3250-3260 resistance on the top and the 3210-3200 support on the bottom.
SELL 3245-3250 TP 3210-3200
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
XAUUSD XAUUSD GOLD XAUUSD XAUUSD Trade active
The trading position and TP are exactly in line with my trading strategy. Let's celebrate this victory.
Profit is the fundamental purpose of trading! Continuously release free trading signals to lead members to profit up to 500%
Free communication channel: t.me/Allenview
Free communication channel: t.me/Allenview
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.
Profit is the fundamental purpose of trading! Continuously release free trading signals to lead members to profit up to 500%
Free communication channel: t.me/Allenview
Free communication channel: t.me/Allenview
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.