12.11 Asian盘黄金XAUUSD Latest Trend Analysis 💙
News:
1. The Federal Reserve's interest rate cut is set for December. Although some hawkish members oppose it, Powell has not released stronger tightening signals, and the market's expectations for a Fed easing cycle have not been discredited. The US dollar index weakened, and US Treasury yields declined, which is favorable for gold.
2. The global central bank gold buying spree continues, with countries like China and Poland continuously increasing their gold reserves. Russia has announced a ban on gold bar exports, further tightening supply, establishing a strong foundation for gold prices to rise in the medium to long term.
3. Geopolitical risks and the trend of 'de-dollarization' continue, with high demand for gold's safe-haven and reserve properties.
Technical Analysis:
From the 1-hour perspective, the spot gold price has broken through the previous fluctuation range. The moving averages in the chart are in a bullish arrangement, the MACD has a golden cross with increased volume, the Bollinger Bands are opening upwards, and the price is firmly supported at the upper band. The short-term upward trend is clear; after breaking through, a pullback can be used for buying.
Operation Suggestions
Big Yellow sees around 4220-4210 heading north ⬆️
🎯 Target to see: around 4230-4240
The content is practical; keep a close eye on the levels without hesitation. Friends who are unsure should pay attention quickly and feel free to ask Sister Fei #加密市场反弹 #美联储FOMC会议 #美SEC推动加密创新监管 #ETH走势分析 #美联储重启降息步伐
