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Gold before jobs data and inflation divergence: Which scenarios matter?


Gold before jobs data and inflation divergence: Which scenarios matter?

Gold (USD/oz) TV Advertising: Gold



🌍 Macro background and market forecast

This week, the market is paying close attention to:

U.S. employment data

US inflation data (CPI/PCE)

Additionally, traders also follow:

Progress of US-Iran Negotiations

U.S. Supreme Court ruling on tariffs

→ These factors may increase short-term volatility, especially around key technical levels.

📈 Trends and Market Structure

Medium-term trend: Positive

The price rebounded strongly from around 4,700 levels to around 5.04x

A positive hammer candle was recorded last week, confirming long-term buying interest

In the H12 time frame, ABC restructuring has not yet been completed

Short term: Prices are consolidating within a narrow range, waiting for a clear breakthrough

🔑 Key price levels

🟢Support:
5,000 | 4,950 | 4,950 4,930 | 4,930 4,850 | 4,850 4,700 | 4,650

🔴Resistance:
5,050 | 5,050 5,095 | 5,095 5,100 | 5,100 5,110 | 5,110 5,200 | 5,200 5,300

🎯 Main scene

✅ Stay positive

The price remains above 4,930 and decisively breaks above 5,050

→ Likely to rise to 5,095 – 5,100 and further to 5,200 – 5,300

❌ Breakout/retracement failure

Price failed to break above 5,050 and settled below 4,930

→ Possible correction to 4,850, further decline to 4,700 – 4,650

🧭 Trading Strategy

Prioritize buying opportunities at low prices following trends

Avoid contrarian short positions unless there is a clear reversal signal at the resistance level

Be patient and avoid FOMO – only trade when risk-reward is clearly defined



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