Anni—CFA (@annii_cfa) 's Twitter Profile
Anni—CFA

@annii_cfa

MT4 - Foreign exchange account management and expert consultant supplier, financial freedom is our goal. #XAUUSD #binance #Bitcoin

ID: 1740783724445540352

calendar_today29-12-2023 17:16:08

855 Tweet

191 Followers

14 Following

Anni—CFA (@annii_cfa) 's Twitter Profile Photo

The upcoming release of the US unemployment rate for December is attracting much attention from the market, and its results may have an important impact on the foreign exchange and precious metals markets. #XAUUSD #FX #Gold #USUnemploymentRate #ForexAnalysis #TradingStrategy

Anni—CFA (@annii_cfa) 's Twitter Profile Photo

The prospect of slower rate cuts by the Federal Reserve in 2025 still supports the rise in US Treasury yields, while pushing the US dollar (USD) to remain stable near a two-year high.

Anni—CFA (@annii_cfa) 's Twitter Profile Photo

This strong dollar puts some pressure on non-yielding assets such as gold (XAU/USD), which may limit further gains in gold prices.

Anni—CFA (@annii_cfa) 's Twitter Profile Photo

Technical analysis: Gold still has upside potential, but key support levels need to be watched This week, gold prices successfully broke through the resistance level of $2,665, triggering a new bullish signal

Anni—CFA (@annii_cfa) 's Twitter Profile Photo

From the daily chart, the oscillator shows that gold prices have the potential to rise further. In the short term, gold prices may first test the intermediate resistance level of $2,681-2,683, and then target the psychological level of $2,700.

Anni—CFA (@annii_cfa) 's Twitter Profile Photo

However, on the downside, if gold prices fall back to the $2,655 area, it may become a buying opportunity. Stronger support levels are located in the $2,635 and $2,615-2,614 areas.

Anni—CFA (@annii_cfa) 's Twitter Profile Photo

The key support level of $2,600 is the focus of the market, which intersects the 100-day exponential moving average (EMA) and the short-term rising trend line. A break below $2,600 may trigger a larger correction and turn the trend bearish. #XAUUSD #FX #Gold #USUnemploymentRate

Anni—CFA (@annii_cfa) 's Twitter Profile Photo

Today's gold signal is currently 2929. Sell: 2931-35 Take profit 1: 2921 Take profit 2: 2907 Take profit 3: 2888 Stop loss: 2941