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Emas: Gerakan Kekuatan 1795

2022-12-16
1346
Fundamental analysis:

On Thursday (December 15), the US retail sales were maximized for 11 months. To a certain extent, the US economy may have slowed down. The European Central Bank raised interest rates. In particular, the European Central Bank adopted a more aggressive position than expected. The spot gold fell over 30 US dollars and closed down 1.69%.


Spot gold xauusd 4 -hour chart


Technical analysis:

Looking at the 4 -hour chart, the price of gold starts the trend of callback after the $ 1815, and the decline has fallen below the important support. At the same time, the amount of MACD can begin to magnify under the zero axis. Under this resistance, it is mainly based on the drop, and the target below is 1770-1750.

Resistance level: 1795.00 1815.00

Support bit: 1770.00 1750.00

Trading strategy: Watch the decline under 1795.00, target 1780.00 1770.00
Alternative strategy: Bullies above 1795.00, target 1815.00 1825.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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