Maintain neutrality, pay attention to US data today
As of press time on Tuesday (January 7), 
XAUUSD Spot delivery maintains a moderate recovery trend during the day, with gold prices currently around 2,639 USD/ounce. Gold prices continue to stabilize, with technical trends unchanged from previous releases.
During this trading day, US macro data will be in focus with the data mentioned below expected to create significant volatility in the short term.
Today (Tuesday), the U.S. Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey (JOLTS). This important employment data is expected to cause large fluctuations in gold prices this trading day.
Economists predict that there will be 7.7 million JOLT job openings in the United States in November, compared with 7.744 million in October.
The JOLTS job vacancy report was one of the labor force indicators that U.S. Treasury Secretary Yellen valued most when she was chair of the Federal Reserve. This index is also labor market data that the Fed is very interested in.
Additionally, on the same day, the US ISM non-manufacturing purchasing managers index (PMI) for December will be published and is expected to be 53.5, compared to the previous value of 52.1.
In terms of technical structure,XAUUSD Still mainly accumulating activities with price activities sticking around the EMA21 line. And the cumulative sideways trend is depicted by the purple price triangle.
On the other hand, the Relative Strength Index is also sticking around 50, showing that market sentiment is also hesitant and waiting for a significant fundamental impact to create a short-term trend.
During the day, the technical outlook for gold prices is neutral, moving sideways and accumulating with notable levels that will be listed as follows.
Support: 2,634 – 2,604 – 2,600USD
Resistance: 2,664 – 2,693USD
SELL XAUUSD PRICE 2658 - 2656⚡️
↠↠ Stoploss 2662
→Take Profit 1 2651
↨
→Take Profit 2 2646
BUY XAUUSD PRICE 2623 - 2625⚡️
↠↠ Stoploss 2519
→Take Profit 1 2630
↨
→Take Profit 2 2640
XAUUSD Spot delivery maintains a moderate recovery trend during the day, with gold prices currently around 2,639 USD/ounce. Gold prices continue to stabilize, with technical trends unchanged from previous releases.During this trading day, US macro data will be in focus with the data mentioned below expected to create significant volatility in the short term.
Today (Tuesday), the U.S. Bureau of Labor Statistics will release the Job Openings and Labor Turnover Survey (JOLTS). This important employment data is expected to cause large fluctuations in gold prices this trading day.
Economists predict that there will be 7.7 million JOLT job openings in the United States in November, compared with 7.744 million in October.
The JOLTS job vacancy report was one of the labor force indicators that U.S. Treasury Secretary Yellen valued most when she was chair of the Federal Reserve. This index is also labor market data that the Fed is very interested in.
Additionally, on the same day, the US ISM non-manufacturing purchasing managers index (PMI) for December will be published and is expected to be 53.5, compared to the previous value of 52.1.
In terms of technical structure,
XAUUSD Still mainly accumulating activities with price activities sticking around the EMA21 line. And the cumulative sideways trend is depicted by the purple price triangle.On the other hand, the Relative Strength Index is also sticking around 50, showing that market sentiment is also hesitant and waiting for a significant fundamental impact to create a short-term trend.
During the day, the technical outlook for gold prices is neutral, moving sideways and accumulating with notable levels that will be listed as follows.
Support: 2,634 – 2,604 – 2,600USD
Resistance: 2,664 – 2,693USD
SELL XAUUSD PRICE 2658 - 2656⚡️
↠↠ Stoploss 2662
→Take Profit 1 2651
↨
→Take Profit 2 2646
BUY XAUUSD PRICE 2623 - 2625⚡️
↠↠ Stoploss 2519
→Take Profit 1 2630
↨
→Take Profit 2 2640
Ghi chú
▫️Central Bank of China: China's gold reserves at the end of December were reported to be 73.29 million ounces (about 2279.58 tons), an increase of 330,000 ounces (about 10.27 tons) from a year ago there.Ghi chú
Ghi chú
🔴India's gold imports plummeted by $5 billion in November, the largest decreaseGhi chú
Notably, contrary to inaccurate information from the Washington Post about the easing of sanctions, sanctions are actually having a positive impact on USD strength.Ghi chú
ECB economic bulletin: Based on market expectations about future interest rate trends, loose financial conditions will also boost domestic demand.
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🧩Consulting on Risk Management
🧩Account management
🧩Forex signals have a high win rate
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