Gold: Undear under 1900

Fundamental analysis:

Affected by the unexpected non -agricultural data on Monday (February 6), the market was still pricing the Fed to the Eagle on Monday. In addition, in 2024, the FOMC Ticketing Committee and the Chairman of the Atlanta Federal Reserve Bolk also "put the eagle". At present, the probability of the Federal Reserve ’s interest rate hike in March is as high as 97%, and the probability of peak interest rates in this summer is nearly 85%. The US dollar index continued to be boosted, but due to the slowdown in the economic slowdown or even decline, the gold -hasn attributes have once again attracted investors.

Spot gold xauusd 4 -hour chart

Technical analysis:

Looking at the 4 -hour chart, the gold price confirms the resistance again after returning 1880, and at the same time fall to the low point 1860 to form support. The short -term market enters the adjustment. host.

Resistance level: 1880.00 1900.00

Support bit: 1860.00 1840.00

Trading strategy: Watch the decline under 1900.00, target 1860.00 1840.00

Alternative strategy: Bullies on 1900.00, target 1920.00 1950.00