Economic and fundame...來自Gold&Dow30 expert

Economic and fundamental developments 3-5-2024 The US dollar index settled near the levels of 105.20 points, while gold prices rose as it is trading at levels of $ 2308 an ounce. Oil prices rose at the beginning of Friday's trading session, with Brent trading at $83, up 0.32%, while West Texas Intermediate rose to $79, up 0.21%. Today, the eyes of the markets are on the release of US labor market data, which is expected to have strong repercussions on the movements of the US dollar. XAUUSD Trend: Down Time frame: 60 mins Current Price: 2306.65 Scenario one: Sell gold around 2313.00 with a target price of 2288.00 Alternative: Buy gold around 2325.00 with a target price of 2350.00 WTI USOILROLL Trend: Down Time frame: 60 mins Current Price: 78.86 Scenario one: Sell Oil around 79.66with a target price of 77.65 Alternative: Buy Oil around 80.67 with a target price of 82.70 US30 Trend: Up Time frame: 60 mins Current Price: 38448.00 Scenario one: Buy the index around 38393.00 with a target price of 38743.00 Alternative: Sell the index around 38223.00 with a target price of 37873.00 Comment: Trading above the support line and moving averages favors the rise

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Last trading day of January done, and Fed's interest rate decision released-remain 5.5%. As expected, there is no clear clue for investors that shows the exact time of cutting interest rate, all Fed's move will be guided by key economic data. What is your future trading blueprint? 3 major US indices reached historic new peak and are probably going to have a retracement period. Especially for US30, 1000 points are possible. Still, we need more proofs from this Friday Non-farm payrolls How does the Fed's decision affect assets' future trend? Gold Take the monthly chart as reference, if there are no geopolitical affects, the price will stay above 1982 for long-term (1982-2082 zone) main trend. (screenshot below) But daily traders, please focus on daily key economic data, take advantage of high and low price triggered by the news. From yesterday gold price movement, it reached 2056, but closed at around 2039. For conservative daily traders, daily chart plus one hour and four-hour chart will be your reference. Buy at around 2039, 5-6 dollars as TP price, 3 dollars as SL price. Adjust it timely by your market sensitivity please! Do NOT act as a nerd!

Gold&Dow30 expert

XAUUSD 在2048买进，目标点位2070. 在2038卖出，目标点位2017. US30 在37661，目标点位37960 在37704卖出，目标点位37198

Gold&Dow30 expert

Economic and fundamental developments 26-12-2023 • The US Dollar index remained stable near 101.60 points. • Gold prices saw a slight increase at the beginning of the week, trading at around $2063. • Oil prices experienced a modest decline during morning trading. Brent crude traded at $78, down by about 0.11%, while West Texas Intermediate dropped to $73, marking a decrease of 0.58%. • Wall Street resumes trading today, while holidays continue in the stock exchanges of London, Munich, Milan,Zurich, and the Toronto Stock Exchange. XAUUSD 26 December Trend: Up Time frame: 60 mins Current Price: 2064.25 Scenario one: Buy gold around 2059.00 with a target price of 2080.00 Alternative: Sell gold around 2050.00 with a target price of 2030.00 Comment: Trading above the support line and moving averages favors the rise. Please use the GOLD/SILVER ratio as reference. Gold's price is rising up and silver the same. Usually end of each year, precious metals's price are driven up by physical ones due to Asian's purchasing habit. For this special year, with unstable political issues and poor global economic performances, their prices are extraordinary higher. Let's explore more investing opportunities here and join me now!

Gold&Dow30 expert