Gold prices fluctuate due to uncertainty about inflation. The market is divided on issues such as the timing and frequency of interest rate cuts. The Fed's policy committee continues to monitor inflation data and will decide whether to cut interest rates based on the evidence it gathers. Investors should pay close attention to relevant events and speeches to keep abreast of changes in gold prices.
Gold has been fluctuating up and down recently with no clear direction, so as long as you control your positions reasonably, you can make certain profits from both buying and selling.
So we can wait to sell high, or buy low Xauusd:sell2039-2044 TP:2034-2030
Xauusd:buy2018-2022 TP:2028-2032
The above two strategies are for your reference
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I have something to deal with at home today. If gold reaches the resistance zone, you can still choose to sell. I wish everyone a happy weekend in advance. The success rate this week is over 95%. I will continue to share my strategy next week.
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There is no important data released today on Monday, and gold is still within the shock range.
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Xauusd:buy2015-2020 TP:2027-2032
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In a downtrend, you can also wait until the resistance area before selling.
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For today's transaction, you can still buy and sell based on support and resistance. The key transaction is to wait for the CPI data to be released before following the trend and point trading.
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Today as long as you follow the trend after cpi data, you will definitely make money
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