Entry Timing: Wait for Catalysts, Find Optimal Positions
The Federal Reserve's latest report states that interest rates will remain on hold, but future rate cuts will proceed at a slower pace—originally projected to reduce rates by 50 basis points this year, but now possibly only 25 basis points annually, akin to pressing the brake pedal gently without fully stopping. Powell also noted that while inflation has shown signs of rebounding, the impact of geopolitical conflicts on prices may be temporary. This has left the market confused: on one hand, it suggests the U.S. economy may not be as weak as feared, reducing the urgency for rate cuts; on the other, concerns persist that high rates could suppress consumption and investment.
Next week, the U.S. will release GDP data. If the data comes in better than expected, indicating robust consumer spending, the Fed may be less inclined to cut rates promptly, strengthening the U.S. dollar and potentially exerting downward pressure on gold prices. Conversely, if the data disappoints, market expectations for earlier rate cuts could intensify, allowing gold to rebound. Currently, the market is waiting for clear signals from the Fed, and this hesitant sentiment will also keep gold prices volatile.
If there is positive news from Iran-Europe talks or the U.S. GDP data exceeds expectations, gold prices may decline. Consider initiating light short positions when prices fall near $3,350 or rebound to around $3,390.
Analysis of gold trend next week, hope it helps you
XAUUSD sell@3380~3390
SL:3410
TP：3370~3360
The Federal Reserve's latest report states that interest rates will remain on hold, but future rate cuts will proceed at a slower pace—originally projected to reduce rates by 50 basis points this year, but now possibly only 25 basis points annually, akin to pressing the brake pedal gently without fully stopping. Powell also noted that while inflation has shown signs of rebounding, the impact of geopolitical conflicts on prices may be temporary. This has left the market confused: on one hand, it suggests the U.S. economy may not be as weak as feared, reducing the urgency for rate cuts; on the other, concerns persist that high rates could suppress consumption and investment.
Next week, the U.S. will release GDP data. If the data comes in better than expected, indicating robust consumer spending, the Fed may be less inclined to cut rates promptly, strengthening the U.S. dollar and potentially exerting downward pressure on gold prices. Conversely, if the data disappoints, market expectations for earlier rate cuts could intensify, allowing gold to rebound. Currently, the market is waiting for clear signals from the Fed, and this hesitant sentiment will also keep gold prices volatile.
If there is positive news from Iran-Europe talks or the U.S. GDP data exceeds expectations, gold prices may decline. Consider initiating light short positions when prices fall near $3,350 or rebound to around $3,390.
Analysis of gold trend next week, hope it helps you
XAUUSD sell@3380~3390
SL:3410
TP：3370~3360
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.