#美国消费者物价指数发布在即 Gold Price Trend Analysis and Trading Ideas

【Fundamental Considerations】
U.S. January manufacturing data exceeded expectations, which tempered market expectations for the Fed to cut interest rates, leading to a strengthening of the US dollar. A strong dollar often suppresses gold performance, which is an important factor to consider. Meanwhile, the Middle East geopolitical situation has not shown signs of further escalation, causing funds originally flowing into safe-haven assets to start seeking exits. Additionally, the world’s largest gold ETF has recently been reducing holdings, and institutional investors’ cautious attitude is increasing the pressure to adjust.

【K-line and Indicator Performance】
On the daily chart, gold surged strongly yesterday, forming a clear large bullish candlestick, and the price once again broke the historical high. The MACD indicator’s dual lines are still in a bullish crossover upward, indicating that the bullish momentum has not been completely exhausted, and there is potential for further upward movement. The key is whether the MA5 moving average can hold steady below.

The four-hour chart shows a slightly different situation. After the price found support around 4310, it continued upward, reaching around 4630. Recently, there has been a slight pullback, and the MACD dual lines are beginning to turn downward, suggesting we should closely monitor whether the MA10 moving average can still provide support.

Support levels are at 4530-4525, and resistance is at 4620-4625.

【Trading Recommendations】
Consider going long around 4570-4580, targeting 4600, 4610, 4620, up to 4635.
For short positions near 4635-4640, target levels are 4600 and 4580.

Markets are constantly changing. This analysis is based on current data and technical observations. Specific operations should also consider individual risk tolerance.