GL_F: What's Going on Next?
Hello everyone! Today I want to share some macro analysis with you! Hope it can help you!
1.
Friday (April 26) gold prices rose significantly. However, the current market generally tends to be bearish on the outlook for gold, with the main concern being that inflation could trigger monetary tightening if it is not effectively controlled. The gold market is at risk of its first weekly decline in six weeks, a trend that reflects easing market sentiment and a shift in expectations for U.S. monetary policy. At the same time, recent economic data releases in the United States are showing mixed signals and increasing market volatility. $Gold - main 2406(GCmain)$
On the one hand, the data showed a sharp slowdown in economic growth, which usually supports safe-haven assets such as gold; on the other hand, inflationary pressures persisted, which could prompt central banks to adopt tightening policies, putting pressure on gold prices. In the context of the evolving global economy, gold as a traditional safe-haven asset, its price fluctuations have always been closely watched by investors. Recently, especially with the release of U.S. inflation data in the near future, the volatility of the gold market has increased. Investors need to pay close attention to the inflation data as well as the monetary policy movements of central banks to determine the future trend of gold prices!
Gold has experienced four trading days of low range oscillations, showing that the market is looking for direction. The breakout in gold means that the market has chosen an upward direction and the price of the disk has entered a stronger rhythm. As the price rises, our trading strategy needs to be adjusted accordingly, and we should focus on whether gold will see a back-pedaling action, especially back to the bottom position of the two-hour positive line, i.e. the 2320 line.
This position will become the key point of our multi-single entry. Comprehensive point of view, gold next week short-term operation ideas Laura suggested buying single-based, above the short-term attention to 2352-2355 resistance, the following short-term attention to 2328-2330.5 support！
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- PSG2010·04-28Overall, it's an informative post.LikeReport