简体中文
ภาษาไทย
繁體中文
Indonesia
Gold: Support Upper 1863
2023-01-10
1397
Fundamental analysis:
On Monday (January 9), due to market betting economic data, the recent economic data will prompt the Fed to slow down the pace of interest rate hikes. The US dollar index once fell below the 103 mark. The US dollar mark finally closed up 0.32%. As investors' expectations of the Federal Reserve in the medium term have been heated up, the price of gold has risen in recent weeks. At present, the market has focused on the CPI report in the United States in December. Essence
Spot gold xauusd 4 -hour chart
Technical analysis:
Looking at the 4 -hour chart, the price of gold continues to strengthen after breaking 1863 and open a new round of upward space. At present, the resistance has been converted into support. At the same time, the MACD volume can continue to be largely volume on the zero axis. The above 1863 continues to watch, the target above the target is near 1900, and the break is higher.
Resistance level: 1880.00 1900.00
Support bit: 1863.00 1850.00
Trading strategy: Bullies above 1863.00, target 1880.00 1900.00
Extracting strategy: Watch the fall under 1863.00, target 1850.00 1835.00
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.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
