Market News:
Deutsche Bank research analyst Michael Hsueh stated in a report that "the Fed's repricing, coupled with strong US macroeconomic data, is the main reason for the decline in gold prices." The bank has lowered its third-quarter gold price forecast to $4,300 per ounce, a reduction of more than one-fifth from its previous forecast, and adjusted its forecast for the last three months of the year to $4,800 per ounce.
Similar adjustments were made by Goldman Sachs. Last week, the institution lowered its year-end gold price forecast by $500 to $4,900 per ounce, citing its judgment that the Fed will not cut interest rates this year.
Technical Analysis:
Today's Buy/Sell Threshold:
73.15
Support and Resistance Levels:
75.04
74.33
73.87
72.42
71.96
71.25
Trading Strategy:
If the price breaks above 73.15, consider buying, with a first target price of 73.87.
If the price breaks below 72.42, consider selling, with a first target price of 71.96.
Deutsche Bank research analyst Michael Hsueh stated in a report that "the Fed's repricing, coupled with strong US macroeconomic data, is the main reason for the decline in gold prices." The bank has lowered its third-quarter gold price forecast to $4,300 per ounce, a reduction of more than one-fifth from its previous forecast, and adjusted its forecast for the last three months of the year to $4,800 per ounce.
Similar adjustments were made by Goldman Sachs. Last week, the institution lowered its year-end gold price forecast by $500 to $4,900 per ounce, citing its judgment that the Fed will not cut interest rates this year.
Technical Analysis:
Today's Buy/Sell Threshold:
73.15
Support and Resistance Levels:
75.04
74.33
73.87
72.42
71.96
71.25
Trading Strategy:
If the price breaks above 73.15, consider buying, with a first target price of 73.87.
If the price breaks below 72.42, consider selling, with a first target price of 71.96.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.