Emas: 1734-1760 Kisaran Konsolidasi

Fundamental analysis:

Monday (November 28) A number of senior officials in the Federal Reserve strengthened the eagle position. The European and American stock markets fell, the US dollar rose, non -US currency decline, and 10 -year US debt yields returned 3.7%. Falling, lost $ 1740 in the market, and finally closed down 0.67%. This week, Powell speeches, and the announcement of GDP, PEC, and non -agricultural employment reports, the price of gold price will continue to be enlarged.

Spot gold xauusd 4 -hour chart

Technical analysis:

Looking at the 4-hour chart, the gold price rebounded near 1760 and was blocked and fell. At the same time, the support below was still effective in the 1734 support. MACD remained near the zero axis. The market trend was still lacking. New Direction.

Resistance level: 1760.00 1780.00

Support bit: 1734.00 1715.00

Trading strategy: Watch the decline under 1734.00, target 1720.00 1705.00

Alternative strategy: Bullies above 1734.00, target 1760.00 1770.00