Analysis of gold market trends next week:

25 gen

Gold news analysis: Gold prices rose nearly 1% on Friday (January 24), close to the historical high set in October last year, mainly driven by U.S. President Donald Trump's call for interest rate cuts and uncertainty in his trade policy. Spot gold rose as much as 0.12% to $2,785.50 per ounce, up 2.8% this week. Gold prices are currently at their highest level since the all-time high of $2,790.15 per ounce set on October 31 last year. The U.S. dollar index fell to a one-month low, making dollar-denominated gold cheaper for foreign buyers. Gold prices are heading towards new all-time highs, coinciding with a correction in the US dollar. The dollar weakened as Trump hinted that he might relax his tariff policy on China and choose to reach a trade agreement. On Thursday, Trump said at the World Economic Forum in Davos that he would ask for an immediate rate cut. In an interview with Fox NEW, Trump said he preferred not to use tariffs to resolve trade issues with China. Zero-yielding gold is seen as a hedge during times of political and economic turmoil and performs well in a low-interest rate environment. Trump’s comments come ahead of next week’s Federal Reserve meeting, when policymakers are widely expected to keep interest rates unchanged.

Gold once again continued its previous upward trend on Friday. It hit the 2785 line at its highest in the US market and then retreated under pressure, approaching the historical high and closing at the 2770 line. The daily line also closed in the inverted hammer shape of the upper lead. Although There is a willingness to go higher and fall back on Friday, but for now, the support of 2770 is still resisting stubbornly, and it has not broken after all. Next week is also the announcement of the interest rate decision. Before that, gold is likely to be in shock. Of course, it does not rule out the early release of news. Once the Asian early trading opens flat next Monday, the 2770 line may also fall. What needs to be tested is the top-bottom conversion 2762-60 area below. This The position is also the rising point of the upward trend, while the upper suppression port remains near 2780-88. In the short term, it is likely to fluctuate around this range, waiting for a later breakthrough.

Judging from the 4-hour market analysis, the performance of the Asian morning session and the European session on Monday is also more important. The US session also needs to follow the trends of the European session for layout, regardless of whether the bulls can break through in the later period and set a new high again, or form a retracement correction. situation, there may be a wave of upward energy in the later period.

Our professional and experienced gold analyst team recommends the short-term operation strategy for next Monday
Gold operation strategy:

1. Go long when gold falls back to 2758-2762, and add more positions when it falls back to 2750-2753, stop loss 2743, target 2780-2788;

26 gen

Trade attivo

Review of economic data and events this week

Key data and events released by major economies around the world this week have had a significant impact on the gold market:

1. Fed policy outlook
Although Fed Chairman Powell emphasized that the policy path is not preset, the recent market response to slowing inflation and economic data suggests that the Fed may maintain loose policies in the coming months. The core PCE price index is expected to remain at 2.8%, but overall PCE inflation accelerated to 2.6% in December. If the Federal Reserve releases a more dovish signal in its policy statement, it may further intensify market expectations for interest rate cuts, thus supporting gold prices.

2. Uncertainty in tariff policy
Trump's statement at the Davos Forum triggered a decline in the US dollar, but also increased market concerns about economic growth and policy adjustments.

3. Weak global economic data
The economic data released by Europe and Japan this week were generally sluggish. Among them, political and economic uncertainty in the Eurozone economies has dragged down market sentiment, which has provided further support for safe-haven assets.

Analyst and Institutional Views

Analysts and institutions are generally optimistic about the future performance of the gold market:

1. TD Securities
Bart Melek, head of commodity strategy, pointed out that the weakness of the US dollar is the main factor driving the rise in gold prices. He believes that Trump’s remarks on tariffs and interest rate cuts will continue to put pressure on the US dollar, thereby indirectly supporting gold prices.

2. Goldman Sachs
Goldman Sachs analysts recently released a report saying that if the Fed's policy is further relaxed, gold prices are expected to break through historical highs and set new records.

3. Citigroup
Citigroup predicts that under the dual effects of weakening inflationary pressures and a weaker US dollar, gold may hit the key psychological level of $2,800 per ounce in the coming months.

4. Julius Baer Bank
Julius Baer Bank believes that under the current global economic and geopolitical uncertainties, the attractiveness of gold as a safe-haven asset will continue to increase.

Outlook: Gold market outlook and focus

Looking ahead to next week, the market will focus on the following key events and data:

1. Fed decision: If the Fed keeps interest rates unchanged but sends a dovish signal, gold prices may rise further.

2. US economic data: If the initial GDP and PCE data for the fourth quarter are lower than expected, it may strengthen the market's bet on the Fed's rate cut, which is good for gold.

In addition, the policy statements of the European Central Bank and the Bank of Canada may have an indirect impact on the US dollar, while geopolitical events and Trump's policy statements will continue to be the focus of the market.

Summarize

The gold market proved its status as a safe-haven asset with a strong performance this week. Against the backdrop of a weaker US dollar, rising expectations of policy easing and global economic uncertainty, gold prices are approaching historical highs. In the future, the trend of gold will depend on the policy paths of major central banks and the performance of macroeconomic data. For investors, paying attention to the Fed meeting and key global economic data will be the key to insight into the future direction of gold prices.

27 gen

Trade chiuso: obiettivo raggiunto

On 1.27, gold shorts made a strong move and gold fell strongly. Has the bullish trend been broken?

Judging from the 4-hour market analysis, the top of gold will focus on the short-term suppression of the 2754-2760 line. Below, we will focus on the 2718-25 line of support. The rebound will mainly be short selling, and the main tone of follow-the-trend participation remains unchanged.

Gold operation strategy:

1. Short-selling at the rebound of gold at 2754-2760, stop loss at 2768, target at 2724-2728;