Gold Spot / U.S. DollarFundamental and Technical Analysis of Gold
1. Introduction
Hello and respect to all you dear traders. Today, I am proud to present a special analysis that can significantly impact your investment decisions.
2. Current Economic Situation
2.1. Impact of President Trump's Statements:
Given the current market conditions and recent remarks by President Trump about various economic promises, we are witnessing an increased interest from major investors in investing in innovative projects.
2.2. U.S. Economic Data:
Economic data from the United States, including employment reports and inflation rates, has had a significant impact on the gold market. The anticipated rise in interest rates by the Federal Reserve, due to strong economic indicators, has clearly pressured gold prices.
3. Gold Price Predictions
3.1. Analysts' Opinions:
Analysts from institutions like Goldman Sachs and ABN AMRO predict that gold prices may fall below $1,800 per ounce in response to strong economic signals and rising interest rates. These insights highlight the sensitivity of gold prices to changes in monetary policy.
4. Reasons for Gold Selling
4.1. Need for Liquidity for New Projects:
Many major investors are selling their gold to generate the necessary liquidity for the execution of new projects and construction of factories. This trend could significantly influence supply and price levels.
4.2. Increasing Supply in the Market:
According to chart analysis, there is a notable increase in the volume of gold being offered, which could lead to price reductions and create trading opportunities.
5. Technical Analysis
5.1. Chart Review:
The analysis of charts indicates an ongoing increase in gold supply. Key levels and significant ranges have been identified for traders that can assist in their trading decisions.
5.2. Trading Strategies:
My recommendation is to maintain your sell orders until the specified ranges in the charts. Be mindful that any price increase may present an excellent opportunity to enter a profitable trade. Therefore, I urge you to make your decisions with greater care and avoid rushing into the market.
6. Conclusion and Recommendations
In conclusion, the current state of the gold market is influenced by economic factors and macroeconomic decisions. The opinions of researchers and established analysts, along with the prevailing supply and demand conditions in the market, will have significant implications for gold prices.
Thank you very much for your partnership and trust. I hope we can achieve more success together.
Fereydoon Bahrami
"A retail trader in the Wall Street trading center (Forex)."
