XAUUSD / GOLD
https://www.tradingview.com/chart/8zkc9xZA/?symbol=EIGHTCAP%3AXAUUSD
GOLD is challenging a robust resistance area at 2304, as well as a pullback level at 2314.7, establishing a new key resistance within the correction phase. Both technical and fundamental indicators for gold are negative; thus, a medium-term decline is anticipated. However, tomorrow's announcements, including CPI, FOMC, and the FED meeting, will likely address the overall inflation scenario and U.S. interest rates.
Support levels: 2300, 2291, 2267
Resistance levels: 2304, 2314, 2325
Today, the market may fluctuate within the 2291 - 2325 range. The prospective direction will be clearer tomorrow (before the news), but intraday, a retest of resistance followed by a potential retreat to support levels is expected.
GOLD is challenging a robust resistance area at 2304, as well as a pullback level at 2314.7, establishing a new key resistance within the correction phase. Both technical and fundamental indicators for gold are negative; thus, a medium-term decline is anticipated. However, tomorrow's announcements, including CPI, FOMC, and the FED meeting, will likely address the overall inflation scenario and U.S. interest rates.
Support levels: 2300, 2291, 2267
Resistance levels: 2304, 2314, 2325
Today, the market may fluctuate within the 2291 - 2325 range. The prospective direction will be clearer tomorrow (before the news), but intraday, a retest of resistance followed by a potential retreat to support levels is expected.
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.