12.8 Euro Futures Gold XAUUSD Analysis 💙
News:
Federal Reserve rate cut expectations dominate sentiment: The market bets on a rate cut by the Federal Reserve this Wednesday, but there are differences regarding the rate cut path in 2026. Current sentiment has not shown clear policy signals yet, and gold prices are mainly fluctuating.
Technical Analysis:
From a 1-hour cycle perspective: Today's Asian session saw gold prices rebound from the 4196 level, reaching a high of 4219 but quickly facing resistance at the upper Bollinger Band on the 1-hour chart. Coupled with the rapid pullback after last Friday's high of 4259, it can be seen that short-term prices have formed a temporary pressure zone in the 4220-4230 range, where the selling pressure signals are quite clear.
European Session Trading Suggestions:
Treat the market as range-bound before the Federal Reserve decision, focus on buying low and selling high.
Gold seen near 4210-4205, looking north ⬆️
🎯: Near 4216-4226, if it breaks, watch for 4230. If the European session breaks 4230 and holds, look to enter long near 4220, with a target of 4240-4245.
Gold seen near 4220-4230, looking south ⬇️
🎯: Near 4210-4200, if it breaks, watch for 4192.
The content is practical, keep a close eye on the levels, don't hesitate. For friends who are unsure, make sure to follow closely, feel free to ask Sister Feifei anytime.
