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I. 📰 Fundamental Analysis (FA)
Key Takeaway: The Fed’s easing policy weakens the dollar, which supports gold.
Fed signal: Fed officials are ready to cut interest rates soon as economic data (retail sales, consumer confidence) point to a slowdown.
Expectation: The market highly values the possibility of the Federal Reserve cutting interest rates by 25 basis points in December.
Conclusion: Gold (XAU) has strong bullish fundamentals on macroeconomic factors.
2. 📈 Technical Analysis (TA)
Position: Gold touches the opponent’s area and is an important technical barrier that must be broken through.
Sell scenario (short term): Wait for a rejection signal in the resistance area to capture a correction to the support below.
Buy Scenario (Long Term): If the fundamental analysis is strong enough, a breakout and close above the resistance area should confirm the continuation of the upward momentum.
💡Strategy
Follow the price action at the resistance level: Trade based on confirmation of a reversal signal in this area, or wait for a breakout.
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