January 29 (Thursday)
Gold prices have broken through the 5500 level, with a strong bullish trend, and the upper space has not yet clearly seen a peak.
The Federal Reserve has maintained the benchmark interest rate at 3.5%-3.75% as expected, and Powell's speech released a dovish signal, raising the market's betting probability on a rate cut in March to 95%. Gold prices were significantly boosted by this, breaking through the key level of 5300 and standing above 5500. The initial jobless claims data in the evening will become an important guide for the short-term trend of gold prices.
On the technical side, gold's daily line recorded a large bullish candle, and the 4-hour level shows a one-sided upward pattern. The area around 5269 is a key support level for short-term bulls; if this level holds, the bullish trend will continue. The 60-minute level currently shows signs of stagnation, and a breakthrough to new highs is needed to sustain the upward trend, with a bold target looking towards 5700. The KDJ has formed a golden cross upwards, providing technical support for bulls.
On the fundamental side, the calls for a rate cut within the Federal Reserve are gradually rising. Powell reiterated that monetary policy will be adjusted dynamically based on data, while the U.S. side simultaneously stated its position to maintain a strong dollar; on the geopolitical front, the U.S.-Iran game continues to evolve, with Iran recently expressing a willingness to dialogue, and geopolitical disturbances still support gold prices.
Operational strategy: It is recommended to go long at the 5450 level, with the first target at 5500 and the second at 5600. #金价再冲高位 #美联储维持利率不变 #黄金比特币联动行情能走多远？ $XAU
$XAG
Gold prices have broken through the 5500 level, with a strong bullish trend, and the upper space has not yet clearly seen a peak.
The Federal Reserve has maintained the benchmark interest rate at 3.5%-3.75% as expected, and Powell's speech released a dovish signal, raising the market's betting probability on a rate cut in March to 95%. Gold prices were significantly boosted by this, breaking through the key level of 5300 and standing above 5500. The initial jobless claims data in the evening will become an important guide for the short-term trend of gold prices.
On the technical side, gold's daily line recorded a large bullish candle, and the 4-hour level shows a one-sided upward pattern. The area around 5269 is a key support level for short-term bulls; if this level holds, the bullish trend will continue. The 60-minute level currently shows signs of stagnation, and a breakthrough to new highs is needed to sustain the upward trend, with a bold target looking towards 5700. The KDJ has formed a golden cross upwards, providing technical support for bulls.
On the fundamental side, the calls for a rate cut within the Federal Reserve are gradually rising. Powell reiterated that monetary policy will be adjusted dynamically based on data, while the U.S. side simultaneously stated its position to maintain a strong dollar; on the geopolitical front, the U.S.-Iran game continues to evolve, with Iran recently expressing a willingness to dialogue, and geopolitical disturbances still support gold prices.
Operational strategy: It is recommended to go long at the 5450 level, with the first target at 5500 and the second at 5600. #金价再冲高位 #美联储维持利率不变 #黄金比特币联动行情能走多远？ $XAU
$XAG