The Times of Israel's latest report on Tuesday stated that the United States expressed confidence that Israel would not attack Iran directly and would instead focus on its proxies. The British "Financial Times" reported on Tuesday that the United States and its European allies have stepped up efforts to dissuade Israel from launching a counterattack against Iran. U.S. National Security Council spokesman John Kirby also said that U.S. President Biden "certainly does not want to go to war with Iran" and "we do not intend to expand and deepen conflicts in the region." These news have cooled the market's risk aversion, thus putting pressure on gold prices. In addition, gold prices surged nearly $40 on Monday and are also facing pressure from technical corrections. You can enter with a short order at short-term highs. Note that it is a short-term transaction. Just exit after making a profit.
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Hope it helps you.
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2380 is a key resistance level. If it breaks through, it is likely to reach the high of 2400 again.
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Trading strategy; go long in the 2370-2373 area, target 2390.
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Make the right strategy for the market and make steady profits.
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As predicted, it is approaching 2390.
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Perfect prediction, it is already 2392 at this time, and the next target is 2400.
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A short-term correction is a buying opportunity. If you want to make money, you must seize the opportunity. The next resistance is 2400.
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Powell spoke an hour later, which could give markets a new direction.
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The Fed's hawkish speech hindered the price of gold, causing a short-term decline.
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The Fed's hawkish comments have held back gold, but if Israel strikes back against Iran, you could see gold rise again.
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The market's upward trend is still relatively strong, and if Israel counterattacks, this will be confirmed.
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A short-term pullback is a buying opportunity, enter with long orders.
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Don’t hesitate to enter the market with short-term long orders.
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The 2380 area continues to be empty, waiting for a callback.
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Gold is falling in the short term.
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This is consistent with my prediction, with a short-term decline and then continuing to rise.
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The 2380 area continues to go long, and the upward trend of gold remains strong.
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The first resistance is the 2350 area. If it stands above this area, it will open up further upside space and the next target is the 2390 area.
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2330 turns into a support level. If it remains above 2330, it will continue to be bullish. If it falls below 2330, it will rebound and be bearish.
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If it continues to remain above the 2330 area, it means that its trend is still on the upward side.
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