๐๐ฅ DXY & Gold (XAU/USD) Market Summary โ February 24, 2025 ๐ฅ๐
๐ต U.S. Dollar Index (DXY): 106.679 ๐ (+0.09%)
๐ก Gold (XAU/USD): $2,930.81 ๐ (-$8.85 | -0.30%)
๐ Recent All-Time High: $2,954.95 (February 21, 2025) ๐
๐ DXY Historical & Seasonal Patterns ๐
๐ ๐ All-Time High: 164.72 (Feb 25, 1985)
๐ ๐ Record Low: 70.70 (March 2008)
โ ๐ป End-of-Year Weakness:
DXY tends to decline in December (-1% on average).
Caused by U.S. companies adjusting their balance sheets.
โ ๐ May Strength:
DXY historically rises in May (9 out of 10 times from 2007-2016).
Driven by seasonal economic momentum in the U.S.
๐ ๐ฐ Recent Developments:
DXY at 106.43, impacted by geopolitical tensions & trade policies.
President Trump considering measures to weaken the dollar to address trade imbalances.
๐ Market Impact ๐ฆ๐
๐ ๐ DXY UP โ Gold Down (Inverse Correlation)
๐ โ๏ธ Geopolitical Tensions: U.S.-Ukraine conflict boosting goldโs safe-haven demand.
๐ ๐ฐ Trade Policies: Trumpโs tariff hikes increasing economic uncertainty โ Gold demand rising.
๐๐ Technical Analysis ๐
โ ๐ป Support Levels:
๐ก $2,892 (Immediate Support)
๐ $2,865 (Institutional Buy Zone)
๐ ๐บ Resistance Levels:
๐ $2,955 (Key Resistance) ๐ฅ
๐ฏ $3,000 (Bullish Breakout Target) ๐๐
๐ฏ Trading Plan: Bullish or Bearish?
๐ Bullish Setup:
A break above $2,955 โ ๐ Gold targets $3,000+ ๐
Goldman Sachs Forecast: $3,100 by year-end ๐๐ฆ
๐ป Bearish Setup:
If $2,892 fails, gold may drop to $2,865 ๐ป
๐ก๏ธ Risk Management ๐จ
โ ๐ Position Sizing: Adjust based on volatility โ๏ธ
โ ๐จ Stop-Loss: Place SL below $2,892 ๐ to protect capital
โ ๐ Diversify: Balance gold trades with other assets ๐น
๐ Conclusion ๐ก๐ฐ
๐ฅ Gold remains bullish, but watch DXY & geopolitics for volatility!
๐ A drop below $2,892 = short opportunity.
๐ Break above $2,955 = bullish rally to $3,000+.
๐ Whatโs your move? Buy, sell, or wait? ๐ฏ๐๐
๐ต U.S. Dollar Index (DXY): 106.679 ๐ (+0.09%)
๐ก Gold (XAU/USD): $2,930.81 ๐ (-$8.85 | -0.30%)
๐ Recent All-Time High: $2,954.95 (February 21, 2025) ๐
๐ DXY Historical & Seasonal Patterns ๐
๐ ๐ All-Time High: 164.72 (Feb 25, 1985)
๐ ๐ Record Low: 70.70 (March 2008)
โ ๐ป End-of-Year Weakness:
DXY tends to decline in December (-1% on average).
Caused by U.S. companies adjusting their balance sheets.
โ ๐ May Strength:
DXY historically rises in May (9 out of 10 times from 2007-2016).
Driven by seasonal economic momentum in the U.S.
๐ ๐ฐ Recent Developments:
DXY at 106.43, impacted by geopolitical tensions & trade policies.
President Trump considering measures to weaken the dollar to address trade imbalances.
๐ Market Impact ๐ฆ๐
๐ ๐ DXY UP โ Gold Down (Inverse Correlation)
๐ โ๏ธ Geopolitical Tensions: U.S.-Ukraine conflict boosting goldโs safe-haven demand.
๐ ๐ฐ Trade Policies: Trumpโs tariff hikes increasing economic uncertainty โ Gold demand rising.
๐๐ Technical Analysis ๐
โ ๐ป Support Levels:
๐ก $2,892 (Immediate Support)
๐ $2,865 (Institutional Buy Zone)
๐ ๐บ Resistance Levels:
๐ $2,955 (Key Resistance) ๐ฅ
๐ฏ $3,000 (Bullish Breakout Target) ๐๐
๐ฏ Trading Plan: Bullish or Bearish?
๐ Bullish Setup:
A break above $2,955 โ ๐ Gold targets $3,000+ ๐
Goldman Sachs Forecast: $3,100 by year-end ๐๐ฆ
๐ป Bearish Setup:
If $2,892 fails, gold may drop to $2,865 ๐ป
๐ก๏ธ Risk Management ๐จ
โ ๐ Position Sizing: Adjust based on volatility โ๏ธ
โ ๐จ Stop-Loss: Place SL below $2,892 ๐ to protect capital
โ ๐ Diversify: Balance gold trades with other assets ๐น
๐ Conclusion ๐ก๐ฐ
๐ฅ Gold remains bullish, but watch DXY & geopolitics for volatility!
๐ A drop below $2,892 = short opportunity.
๐ Break above $2,955 = bullish rally to $3,000+.
๐ Whatโs your move? Buy, sell, or wait? ๐ฏ๐๐
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.