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XAUUSD by Jeremy_NPC — TradingView


1. 📢 Fundamentals drive prices

Fed rate cut imminent (90%): U.S. economic data slowed, reinforcing expectations for a 25 basis point interest rate cut next week. This weakened the dollar and supported gold.

Geopolitical Risks: Tensions between Russia and Europe have kept safe-haven demand for gold high.

Key events: The follow-up trend of Friday’s personal consumption expenditures index will more clearly determine the path of the Federal Reserve’s monetary policy.

2. 🎯 Technical analysis to find entry points

The best strategy is to buy on a strong support correction:

Best buying area (discount area): $4,181 – $4,186. This is the perfect entry point to buy.

Resistance/Control Point: $4,207. reach important levels in the short term.

Upside Target (Target): $4,240. The next goal is to make a profit.

👉Conclusion: Be patient and wait for gold prices to pull back to the $4,181-$4,186 area, enter a buy trade with a low-risk advantage, and take advantage of the overall momentum.

#XAUUSD #金#Fed #Rate_Cut #Gold_Analysis



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