2024-01-16 • Dikemaskini
The price of Gold (XAU/USD) has experienced a significant sell-off, dropping to around $2,040 after failing to surpass the weekly high of $2,062. This decline occurred as investors reassess the potential timing of interest rate cuts by the Federal Reserve (Fed). The sell-off followed the release of the Consumer Price Index (CPI) report for December, which showed resilience, and hawkish comments from European Central Bank (ECB) officials.
Investors are now reevaluating the possibility of a rate cut in March, with the Fed appearing in no rush to adopt a dovish stance on interest rates. Despite inflation in the U.S. being nearly double the 2% target, labor demand remains stable, and the risk of a recession is deemed low. The current interest rates ranging between 5.25-5.50% allow the Fed to maintain a relatively restrictive monetary policy stance for the time being. The gold price is expected to remain uncertain until there are clearer signals regarding the Fed's stance on interest rates. If it fails to hold above the January 3 low of $2,030, it could face further downside pressure, potentially reaching the psychological support level of $2,000.
On the Daily Timeframe of XAUUSD, we see the bullish array of the moving averages indicating the likelihood of a bullish continuation. The presence of a trendline support adds further confirmation to the bullish sentiment, as well as the 76% of the Fibonacci retracement.
On the 4-hour timeframe of XAUUSD, we can see the intersection of support trendlines, as well as a convergence of moving averages. Based on my strategy, I can also see the presence of an inverted head-and-shoulder pattern. In summary, all factors point in favour of the bullish sentiment.
Analyst’s Expectations:
Direction: Bullish
Target: $2050
Invalidation: $2012.67
The trading of CFDs comes at a risk. Thus, to succeed, you have to manage risks properly. To avoid costly mistakes while you look to trade these opportunities, be sure to do your due diligence and manage your risk appropriately.
You can access more of such trade ideas and prompt market updates on the telegram channel.
Pada 4 Mei, Rizab Persekutuan AS mendedahkan kadar dana persekutuan untuk dua bulan yang akan datang. Walaupun kenaikan 50 mata asas itu sudah dijangka secara meluas, masa depan masih tidak begitu jelas.
Selain daripada tekanan inflasi, semua faktor lain bertindak sebagai penghalang kepada emas selepas mencapai paras $2000 pada bulan Ogos 2020. Tetapi inflasi bersama dengan kelembapan ekonomi global adalah faktor yang menjadikan emas bersinar dengan lebih cerah.
Biasanya, harga emas didorong oleh ketidaktentuan politik dan ekonomi, seperti krisis ekonomi, tekanan pilihanraya,
Fed mengumumkan pada hari Rabu bahawa ia membiarkan kadar dasar tidak berubah pada 5…
Jepun melangkah lebih dekat kepada campur tangan mata wang dengan amaran terkuatnya apabila yen merosot ke paras paling lemah dalam kira-kira 34 tahun berbanding dolar…
Sentimen pasaran yang memulih pada pembukaan dagangan awal minggu semalam telah menukar semula haluan pergerakan USD…
FBS menyimpan rekod data anda untuk mengoperasikan laman web ini. Dengan menekan butang "Terima", anda menyetujui Polisi Privasi kami.
Permohonan anda telah diterima
Pengurus akan menghubungi anda dalam amsa terdekat
Permohonan panggil balik seterusnya untuk nombor telefon ini
boleh dilakukan dalam dalam
Jika anda mempunyai isu yang perlu disegerakan, sila hubungi kami menerusi
Live Chat
Masalah dalaman. Sila cuba sebentar lagi
Jangan bazir masa anda – pantau bagaimana NFP mempengaruhi dolar AS dan kaut keuntungan!
|
