Analysis to see strength, operation to see courage!

After the United States released mixed economic data, the U.S. dollar fell slightly, giving gold some support and maintaining a stable situation. A report from the U.S. Department of Commerce on Thursday said that U.S. gross domestic product (GDP) grew at an annual rate of 1.6% from January to March, lower than the 2.4% expected by economists polled by Reuters. The report also showed that the core personal consumption expenditures (PCE) price index rose by 3.7% in the first quarter, which was expected to rise by 3.4%. The higher-than-expected inflation measure made Friday's March PCE price index data more interesting than usual. Because the PCE price index and the core PCE price index, which excludes food and energy price factors, are both inflation indicators favored by the Federal Reserve. If the U.S. inflation rate remains stubbornly higher than the Federal Reserve's 2% target level, then the expected probability of a U.S. interest rate cut in September may be greatly reduced. After the data was released, CME Group's FedWatch tool showed that U.S. interest rate futures markets put the probability of a rate cut by the Fed in September at 58%, down from 70% late Wednesday. U.S. Treasury yields rose after economic data showed signs of stubborn inflation, while continuing to dampen hopes that the Federal Reserve will cut interest rates soon. Therefore, although gold rose that day, the increase was small, indicating that investors are still wary of the March PCE price index to be released on Friday. It is expected that the strength of the inflation data on Friday will cause greater fluctuations in the gold market.

On a technical level, gold prices are still trading above their 50-day moving average on the daily chart, which is converging with the key mid-term support area of $2,260/$2,210 per ounce. Additionally, the daily Relative Strength Index (RSI) momentum indicator remains above key equilibrium support near 50 after exiting overbought territory, suggesting that the medium-term uptrend from the February 14, 2024 lows is still within reach for the time being. Keep. On the other hand, if the lower limit of the key medium-term key support area of ​​$2210/ounce is broken, the corrective decline that occurred during its main uptrend phase will be extended, thus bringing the long-term key support area of ​​2075-2035 dollars/ounce (also 200-day where the moving average is) will be exposed within the target range. To determine the follow-up trend of gold, we need to pay attention to the results of the US March PCE price index on Friday night.


Gold recommendation: 4.26 gold 2341-42 long, loss 2323, target 2360

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Trade active:

The rapid switch between long and short always catches people off guard. The change of direction is often only at that moment. How many people risk becoming cannon fodder in the market. Every transaction is the result of an inner battle between long and short. For the market before entering, both long and short seem to make sense, but everyone looks at the problem from a different perspective, and the reasons determine the direction of the transaction. They first need to convince themselves to enter, and the first consideration before entering should be the risk they can bear rather than profit. Once you lose the key point, you must leave decisively and cut off the lost courage! Accept losses to enjoy profits! The mentality of this road is very important. Failure is not terrible. What is terrible is that you are unwilling to sum up. If you never change, then you are the real loser! No matter what state you are in right now, I just hope these words can bring you some help! If you encounter difficulties in trading; can't find the direction; are suffering from long-term losses, you can contact me and have a chat. No matter how much money you have, I will help you for free. If we can cooperate for the time being, you will get out of trouble. That is the most important thing.

Trade active:

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Every time I write an analysis, I hope that my friends can gain something. In this market, under the calm performance, there are actually turbulent waves. Many investment friends enter easily and are often covered with bruises. Every day, many friends find me and seek help. Help, but more importantly, after reading the analysis, you can quickly find the next article to continue reading. I hope I can help more people, just like my own positioning of this job is service. People are mutual and trust is the beginning of cooperation. No matter how much money you have, if you are trading If you are confused or confused on the road, please contact me.

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Every time I write an analysis, I hope that my friends can gain something. In this market, under the calm performance, there are actually turbulent waves. Many investment friends enter easily and are often covered with bruises. Every day, many friends find me and seek help. Help, but more importantly, after reading the analysis, you can quickly find the next article to continue reading. I hope I can help more people, just like my own positioning of this job is service. People are mutual and trust is the beginning of cooperation. No matter how much money you have, if you are trading If you are confused or confused on the road, please contact me.

Trade active:

The rapid switch between long and short always catches people off guard. The change of direction is often only at that moment. How many people risk becoming cannon fodder in the market. Every transaction is the result of an inner battle between long and short. For the market before entering, both long and short seem to make sense, but everyone looks at the problem from a different perspective, and the reasons determine the direction of the transaction. They first need to convince themselves to enter, and the first consideration before entering should be the risk they can bear rather than profit. Once you lose the key point, you must leave decisively and cut off the lost courage! Accept losses to enjoy profits! The mentality of this road is very important. Failure is not terrible. What is terrible is that you are unwilling to sum up. If you never change, then you are the real loser! No matter what state you are in right now, I just hope these words can bring you some help! If you encounter difficulties in trading; can't find the direction; are suffering from long-term losses, you can contact me and have a chat. No matter how much money you have, I will help you for free. If we can cooperate for the time being, you will get out of trouble. That is the most important thing.

Trade active:

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Trade active:

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Trade active:

Every time I write an analysis, I hope that my friends can gain something. In this market, under the calm performance, there are actually turbulent waves. Many investment friends enter easily and are often covered with bruises. Every day, many friends find me and seek help. Help, but more importantly, after reading the analysis, you can quickly find the next article to continue reading. I hope I can help more people, just like my own positioning of this job is service. People are mutual and trust is the beginning of cooperation. No matter how much money you have, if you are trading If you are confused or confused on the road, please contact me.

Trade active:

Today we released a lot of internal information, 99% of which made huge profits. If you are currently losing money, or your account is locked, you can follow me and I will help you out of the predicament

Trade active:

The rapid switch between long and short always catches people off guard. The change of direction is often only at that moment. How many people risk becoming cannon fodder in the market. Every transaction is the result of an inner battle between long and short. For the market before entering, both long and short seem to make sense, but everyone looks at the problem from a different perspective, and the reasons determine the direction of the transaction. They first need to convince themselves to enter, and the first consideration before entering should be the risk they can bear rather than profit. Once you lose the key point, you must leave decisively and cut off the lost courage! Accept losses to enjoy profits! The mentality of this road is very important. Failure is not terrible. What is terrible is that you are unwilling to sum up. If you never change, then you are the real loser! No matter what state you are in right now, I just hope these words can bring you some help! If you encounter difficulties in trading; can't find the direction; are suffering from long-term losses, you can contact me and have a chat. No matter how much money you have, I will help you for free. If we can cooperate for the time being, you will get out of trouble. That is the most important thing.

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Trade active:

Every time I write an analysis, I hope that my friends can gain something. In this market, under the calm performance, there are actually turbulent waves. Many investment friends enter easily and are often covered with bruises. Every day, many friends find me and seek help. Help, but more importantly, after reading the analysis, you can quickly find the next article to continue reading. I hope I can help more people, just like my own positioning of this job is service. People are mutual and trust is the beginning of cooperation. No matter how much money you have, if you are trading If you are confused or confused on the road, please contact me.

Trade active:

100% accurate forecast, all the upside is in my forecast, remember last time I predicted gold would rise from 2040 to 2180? 10k-50k is already ahead of schedule. This is 30 consecutive weeks with profits exceeding 400%. It was all crazy and all the users who followed me were making tons of money. If you have lost a lot of money in trading, or your account is currently locked, or you are a new trader, you can contact me and you can get my help no matter how much money you have.

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Trade active:

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Trade active:

Today we released a lot of internal information, 99% of which made huge profits. If you are currently losing money, or your account is locked, you can follow me and I will help you out of the predicament

Trade active:

Every time I write an analysis, I hope that my friends can gain something. In this market, under the calm performance, there are actually turbulent waves. Many investment friends enter easily and are often covered with bruises. Every day, many friends find me and seek help. Help, but more importantly, after reading the analysis, you can quickly find the next article to continue reading. I hope I can help more people, just like my own positioning of this job is service. People are mutual and trust is the beginning of cooperation. No matter how much money you have, if you are trading If you are confused or confused on the road, please contact me.

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Trade active:

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Every time I write an analysis, I hope that my friends can gain something. In this market, under the calm performance, there are actually turbulent waves. Many investment friends enter easily and are often covered with bruises. Every day, many friends find me and seek help. Help, but more importantly, after reading the analysis, you can quickly find the next article to continue reading. I hope I can help more people, just like my own positioning of this job is service. People are mutual and trust is the beginning of cooperation. No matter how much money you have, if you are trading If you are confused or confused on the road, please contact me.

Trade active:

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Trade active:

Trade active:

Every time I write an analysis, I hope that my friends can gain something. In this market, under the calm performance, there are actually turbulent waves. Many investment friends enter easily and are often covered with bruises. Every day, many friends find me and seek help. Help, but more importantly, after reading the analysis, you can quickly find the next article to continue reading. I hope I can help more people, just like my own positioning of this job is service. People are mutual and trust is the beginning of cooperation. No matter how much money you have, if you are trading If you are confused or confused on the road, please contact me.

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