Fundamentals
Strong U.S. employment and inflation data delay Fed rate cuts and keep U.S. real yields high. As a zero-yield asset, gold faces high holding costs, triggering continuous outflows from gold ETFs and liquidation of institutional long positions. Current rallies are only oversold corrections within a broader downtrend.
Easing expectations rise for the Eurozone and Japan, widening U.S. rate differentials and lifting the dollar index. Dollar strength caps gold upside, with heavy short selling hitting prices after each bounce.
News Catalysts
Fed policymakers maintain hawkish stances, ruling out near-term rate cuts and boosting the dollar to pressure gold. Upcoming U.S. PMI, jobless claims and retail sales data are forecast strong. Better-than-expected figures will further hurt gold bulls and end short-term rebounds.
Fundamentals and news stay bearish; gold’s bounces are temporary corrections, with the main trend down.
- Sell: 4220 - 4200
- TP: 4180 - 4160 - 4140
Strong U.S. employment and inflation data delay Fed rate cuts and keep U.S. real yields high. As a zero-yield asset, gold faces high holding costs, triggering continuous outflows from gold ETFs and liquidation of institutional long positions. Current rallies are only oversold corrections within a broader downtrend.
Easing expectations rise for the Eurozone and Japan, widening U.S. rate differentials and lifting the dollar index. Dollar strength caps gold upside, with heavy short selling hitting prices after each bounce.
News Catalysts
Fed policymakers maintain hawkish stances, ruling out near-term rate cuts and boosting the dollar to pressure gold. Upcoming U.S. PMI, jobless claims and retail sales data are forecast strong. Better-than-expected figures will further hurt gold bulls and end short-term rebounds.
Fundamentals and news stay bearish; gold’s bounces are temporary corrections, with the main trend down.
- Sell: 4220 - 4200
- TP: 4180 - 4160 - 4140
Dagangan aktif
Dagangan ditutup: sasaran tercapai
Nota
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.