Emas Semerta / Dolar A.S.Telah dikemas kini Gold analisis for the coming week with both buy and sell levels
Recommende buy level 3046
Recommended sell level 3030
Bullish Momentum Early Week: The pair started the week with strong bullish momentum, continuing the trend from the previous week. Concerns about the global economy and geopolitical factors fueled this upward movement, with XAUUSD testing and breaking above the $3110 level, reaching new record highs.
Tariff-Driven Surge and Correction: Mid-week saw a further surge in gold prices following the announcement of tariffs by the US. XAUUSD reached a record peak of around $3167-$3168. However, this was followed by a sharp and deep correction heading into the weekend.
Powell's Hawkish Comments: Comments from Fed Chair Powell regarding tariff-driven inflation contributed to the downward pressure on gold towards the end of the week.
Profit-Taking: After reaching record highs, profit-taking also played a role in the significant correction observed towards the end of the week.
Technical Levels: Support was seen around the $3050 and $3100 levels at different points, while the $3115-$3125 zone acted as a resistance after the initial surge. The $3035 zone is also being watched as potential support.
Overall Negative Bias: Despite the early week gains, XAUUSD traded with a negative bias for the second straight day on Friday, consolidating around the $3100 mark. For the week as a whole, despite the volatility and correction, gold was still on track for its fifth consecutive weekly gain due to the initial surge related to tariff concerns.
For the coming week
Tariff Implications: The market will continue to assess the broader economic implications of the announced tariffs and any potential retaliatory measures. Escalating trade tensions typically support gold as a safe-haven asset.
US Economic Data: Key US economic data releases, such as employment figures and inflation data, will be closely watched for their potential impact on Federal Reserve policy and the US dollar, which inversely affects gold prices.
Central Bank Rhetoric: Any further comments from central bank officials regarding monetary policy and inflation will be important catalysts for price action.
Technical Outlook:
Potential for Rebound: Following the sharp correction, there is potential for a technical rebound, with the $3080-$3100 area being a possible initial target. Some analysts see the $3025-$3030 zone as a key demand area for a potential W-shaped recovery.
Key Resistance: The $3115-$3125 zone and the recent record high around $3167-$3168 will act as significant resistance levels.
Key Support: Support levels to watch include $3050, $3035, and potentially the psychological $3000 mark. A break below $3015-$3020 could increase bearish pressure.
Elliott Wave Analysis: Some Elliott Wave analysis suggests a potential further drop towards the $2830-$2574 range if the $3167.80 level holds as critical resistance. Conversely, a break above $3167.80 could lead to further gains towards $3300-$3500.
Market Sentiment: Overall market sentiment, particularly regarding risk aversion due to geopolitical or economic uncertainties, will continue to play a crucial role in gold's performance.
Trading Strategies: Some analysts suggest looking for buying opportunities on pullbacks, particularly around support zones.
Others point to potential shorting opportunities from corrections below the recent high. Waiting for clear price action and confirmation around key levels is generally advised given the recent volatility.
Recommended sell level 3030
Bullish Momentum Early Week: The pair started the week with strong bullish momentum, continuing the trend from the previous week. Concerns about the global economy and geopolitical factors fueled this upward movement, with XAUUSD testing and breaking above the $3110 level, reaching new record highs.
Tariff-Driven Surge and Correction: Mid-week saw a further surge in gold prices following the announcement of tariffs by the US. XAUUSD reached a record peak of around $3167-$3168. However, this was followed by a sharp and deep correction heading into the weekend.
Powell's Hawkish Comments: Comments from Fed Chair Powell regarding tariff-driven inflation contributed to the downward pressure on gold towards the end of the week.
Profit-Taking: After reaching record highs, profit-taking also played a role in the significant correction observed towards the end of the week.
Technical Levels: Support was seen around the $3050 and $3100 levels at different points, while the $3115-$3125 zone acted as a resistance after the initial surge. The $3035 zone is also being watched as potential support.
Overall Negative Bias: Despite the early week gains, XAUUSD traded with a negative bias for the second straight day on Friday, consolidating around the $3100 mark. For the week as a whole, despite the volatility and correction, gold was still on track for its fifth consecutive weekly gain due to the initial surge related to tariff concerns.
For the coming week
Tariff Implications: The market will continue to assess the broader economic implications of the announced tariffs and any potential retaliatory measures. Escalating trade tensions typically support gold as a safe-haven asset.
US Economic Data: Key US economic data releases, such as employment figures and inflation data, will be closely watched for their potential impact on Federal Reserve policy and the US dollar, which inversely affects gold prices.
Central Bank Rhetoric: Any further comments from central bank officials regarding monetary policy and inflation will be important catalysts for price action.
Technical Outlook:
Potential for Rebound: Following the sharp correction, there is potential for a technical rebound, with the $3080-$3100 area being a possible initial target. Some analysts see the $3025-$3030 zone as a key demand area for a potential W-shaped recovery.
Key Resistance: The $3115-$3125 zone and the recent record high around $3167-$3168 will act as significant resistance levels.
Key Support: Support levels to watch include $3050, $3035, and potentially the psychological $3000 mark. A break below $3015-$3020 could increase bearish pressure.
Elliott Wave Analysis: Some Elliott Wave analysis suggests a potential further drop towards the $2830-$2574 range if the $3167.80 level holds as critical resistance. Conversely, a break above $3167.80 could lead to further gains towards $3300-$3500.
Market Sentiment: Overall market sentiment, particularly regarding risk aversion due to geopolitical or economic uncertainties, will continue to play a crucial role in gold's performance.
Trading Strategies: Some analysts suggest looking for buying opportunities on pullbacks, particularly around support zones.
Others point to potential shorting opportunities from corrections below the recent high. Waiting for clear price action and confirmation around key levels is generally advised given the recent volatility.
Dagangan aktif
700 pips from the sell level ,trade is still active i have closedmine out with 500 pips profit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.