Hello everyone! Today i want to share some macro analysis with you! 1 On Tuesday (October 20), the gold market saw a slight pullback, with the price of gold closing down 0.37% at $4,125.08 per ounce, having dipped as low as $4,111.58 during the session, while December gold futures closed down 0.4% at $4,142.60. $XAU/USD(XAUUSD.FOREX)$$Gold - main 2612(GCmain)$ Although a weaker U.S. Dollar Index briefly pushed gold prices up to around $4,155, all gains were erased by the end of the session, indicating that investor caution ahead of the Federal Reserve’s policy meeting next week is dominating the market. Current gold prices have retreated approximately 26% from t
Data Outlook: Schedule of Major Economic Indicators (Eastern Time)
$Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$ With no major data releases such as the nonfarm payrolls or CPI next week, market attention will focus on the strength of the U.S. manufacturing recovery and inflation expectations surveys. October 19 (Monday) 10:00 AM: U.S. October NAHB Housing Market Index (Previous: 32, Forecast: 31) . The key focus will be on whether confidence among real estate developers has deteriorated further amid high interest rates. October 20 (Tuesday) 8:30 AM: U.S. September Total Annualized Housing Starts. 10:00 AM: U.S. September Total Building Permits and Pending Home Sales. October 22 (Thursday) 8:30 AM: U.S. Initial Jobless Clai
Hello everyone! Today i want to share some macro analysis with you! 1 The U.S. PPI for September came in at 6.3% year-over-year, the highest level since May 2026 and higher than the market forecast of 5.3%. The U.S. PPI for September rose 1.3% month-over-month, significantly higher than the market’s forecast of 0.5%. U.S. retail sales for September rose 0.8% month-over-month, exceeding market expectations. Following the release of the data, gold fell sharply, hitting a low near 4,130.7, and the sell order successfully reached the predetermined take-profit (TP) level! $XAU/USD(XAUUSD.FOREX)$$Gold - main 2612(GCmain)$ Follow me to learn more about analysis!!
Hello everyone! Today i want to share some macro analysis with you! 1 $XAU/USD(XAUUSD.FOREX)$$Gold - main 2612(GCmain)$Asian Session: “Technical buying to cover short positions” following the exhaustion of bearish news. After touching the 10-day moving average (MA10) at 4,100.44 and today’s low of 4,099.95, gold formed a strong V-shaped bottom and rebounded. Bullish Counterattack: After several trading days of sharp declines triggered by a reassessment of hawkish rate hikes following higher-than-expected U.S. CPI inflation, bearish momentum has temporarily run out. Short-Covering: Following the opening of the Asian session, some short positions chose to take pro
GOLD: Maintain a Strategy of Entering Buy Positions After Pullbacks
Hello everyone! Today i want to share some macro analysis with you! 1 (October 13) Gold: Given the structural support from geopolitical risks and continued ETF inflows, pullbacks in gold present buying opportunities. $Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Keep a close eye on the 4,200 psychological level: As the price approaches this round number, some long positions may choose to take profits, leading to increased market volatility; be sure to manage your positions carefully. First resistance level: The 4,200 psychological round number! First support level: 4,191–4,192. Maintain a strategy of entering buy positions after pullbacks! Strategy: Buy: 4,1
GOLD: It is Unlikely that Gold Prices will Experience Another Sharp
Hello everyone! Today i want to share some macro analysis with you! It is unlikely that gold prices will experience another sharp, consecutive decline before the close, nor is a sharp V-shaped rebound likely. The most probable scenario is a weak bottoming process and sideways consolidation within the $4,155–$4,175 range. $Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Before the market closes, without significant bearish news to trigger a move, it is unlikely that the price will break through the 4,150 psychological barrier in one go. Short-term trading strategy: Buy: 4,160 TP: 4,185–4,190 SL: 4,144 Follow me to learn more about analysis!!
Spot Gold Rebounds From Two-Month Low, Tops $4,150 as Fed, Debt and Geopolitical Risks
Hello everyone! Today i want to share some macro analysis with you! On Thursday (October 8), the global gold market finally saw a glimmer of recovery after hitting a two-month low in the previous trading session. Spot gold rose 0.58% to close at $4,133.65 per ounce; U.S. gold futures for December delivery closed up 0.4% at $4,157 per ounce. $Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$ On the surface, this appears to be only a modest rise, but behind it lies a complex interplay of multiple factors: high uncertainty surrounding the Federal Reserve’s policy path, escalating concerns over U.S. debt, the tug-of-war between the U.S. dollar and Treasury yields, th
XAUUSD H1 Technical Analysis: Gold Consolidates with a Bearish Bias
Hello everyone! Today i want to share some macro analysis with you! 1 Technical Analysis: (XAUUSD) H1 Chart—The market has recently been consolidating at high levels, with the center of gravity shifting slightly downward! $Gold - main 2612(GCmain)$ After falling to around 4100, the price halted its continuous downward trend and shifted to a sideways consolidation at lower levels to form a bottom. The current price, near 4150, is right around the midline of this bottoming consolidation range that has lasted for several weeks. In the short term, it is highly likely that the price will retest the bottom support near 4113–4120. First Resistance Level: 4,152–4,155 (bull-bear dividing line, short-term weak resistance) Second Resistan
$Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Gold 1-Hour Chart: Down About 1.47% Today! The current market is clearly in a short-term bearish phase, with price showing signs of breaking below key technical support levels. The price is currently moving downward along the lower Bollinger Band (LB: 4260.79), and the Bollinger Bands are showing signs of widening (i.e., “spreading”), which typically indicates that the downtrend is accelerating or that momentum is building. The price has now broken below the bottom of the previous consolidation range at 4310–4320. Until a strong bullish reversal signal emerges, the prevailing trend is expected to continue with a
September 23 Gold Technical Analysis: Sell Rallies at 4,345–4,348, Key Resistance 4,350–4,360
Hello everyone! Today i want to share some macro analysis with you! September 23 Gold Technical Analysis: $Gold - main 2612(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Gold has shifted from its previous one-sided bull market (peaking near 4369.25) into a medium-term, wide-range consolidation phase, either forming a bottom or consolidating to build momentum. Short-term rallies on the hourly chart may at any time face strong resistance from the dense moving average zone at 4,347–4,353 on the 4-hour chart. Key resistance zone: 4,350–4,360! The current trading strategy should focus on “selling on rallies” after the European session opens, or patiently waiting for a pullback to