XAUUSD: SELL 4716.70, SL 4748.00, TP 4621.00
Gold starts the week near $4,716 per ounce after declining amid a stronger US dollar and worsening expectations for a Fed rate cut. The sharp rise in oil above $100 has intensified concerns about a new wave of inflation, which reduces the chances of rapid monetary easing in the US and increases pressure on XAUUSD.
The metal is still supported by tensions in the Middle East and steady demand from central banks, including China. However, the key drivers for the coming days remain the dollar, inflation signals, and comments from Fed officials, so for this week a scenario of moderate downside with elevated volatility appears more likely for gold.
Trading recommendation: SELL 4716.70, SL 4748.00, TP 4621.00
#SP500: SELL 6805, SL 6870, TP 6610
The S&P 500 index finished Friday at 6,816.89 points, but futures slipped to 6,805 at the start of the new week. The main reason is another jump in oil prices and rising tensions around Iran. Higher energy prices are once again increasing inflation risks and making the market more cautious about the prospects for US rate cuts.
This week, the focus shifts to earnings reports from major banks and technology companies. Profit expectations remain generally strong, but any deterioration in guidance on demand, costs, and margins could quickly bring sellers back into the market. For now, the external backdrop remains restrictive, which means short-term pressure on #SP500 looks more likely.
Trading recommendation: SELL 6805, SL 6870, TP 6610
#BRENT: BUY 102.23, SL 99.00, TP 111.92
Brent crude starts the week near $102.23 per barrel after a sharp rally caused by the collapse of US-Iran talks and the announcement of a blockade on Iranian ports. The market is once again pricing in the risk of supply disruptions through the Strait of Hormuz, which handles a significant share of global oil trade, so buying interest remains strong at the start of the week.
Additional support comes from expectations of tighter supply and a possible shift in the market balance toward deficit. OPEC’s monthly report is due today, while the IEA will publish its oil market report on Tuesday, so supply expectations will remain the central theme for the market. For the current week, the fundamental backdrop for Brent remains supportive of further gains.
Trading recommendation: BUY 102.23, SL 99.00, TP 111.92
Gold starts the week near $4,716 per ounce after declining amid a stronger US dollar and worsening expectations for a Fed rate cut. The sharp rise in oil above $100 has intensified concerns about a new wave of inflation, which reduces the chances of rapid monetary easing in the US and increases pressure on XAUUSD.
The metal is still supported by tensions in the Middle East and steady demand from central banks, including China. However, the key drivers for the coming days remain the dollar, inflation signals, and comments from Fed officials, so for this week a scenario of moderate downside with elevated volatility appears more likely for gold.
Trading recommendation: SELL 4716.70, SL 4748.00, TP 4621.00
#SP500: SELL 6805, SL 6870, TP 6610
The S&P 500 index finished Friday at 6,816.89 points, but futures slipped to 6,805 at the start of the new week. The main reason is another jump in oil prices and rising tensions around Iran. Higher energy prices are once again increasing inflation risks and making the market more cautious about the prospects for US rate cuts.
This week, the focus shifts to earnings reports from major banks and technology companies. Profit expectations remain generally strong, but any deterioration in guidance on demand, costs, and margins could quickly bring sellers back into the market. For now, the external backdrop remains restrictive, which means short-term pressure on #SP500 looks more likely.
Trading recommendation: SELL 6805, SL 6870, TP 6610
#BRENT: BUY 102.23, SL 99.00, TP 111.92
Brent crude starts the week near $102.23 per barrel after a sharp rally caused by the collapse of US-Iran talks and the announcement of a blockade on Iranian ports. The market is once again pricing in the risk of supply disruptions through the Strait of Hormuz, which handles a significant share of global oil trade, so buying interest remains strong at the start of the week.
Additional support comes from expectations of tighter supply and a possible shift in the market balance toward deficit. OPEC’s monthly report is due today, while the IEA will publish its oil market report on Tuesday, so supply expectations will remain the central theme for the market. For the current week, the fundamental backdrop for Brent remains supportive of further gains.
Trading recommendation: BUY 102.23, SL 99.00, TP 111.92
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.