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SYMBOL
LAST
BID
ASK
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SOURCE
SPX
S&P 500 Index
7489.71
7489.71
7489.71
7512.04
7399.83
+52.07
+ 0.70%
--
--
DJI
Dow Jones Industrial Average
52485.03
52485.03
52485.03
52623.14
51996.32
+276.97
+ 0.53%
--
--
IXIC
NASDAQ Composite Index
25373.84
25373.84
25373.84
25460.86
25004.33
+251.68
+ 1.00%
--
--
USDX
US Dollar Index
99.680
99.680
99.760
100.290
99.540
-0.110
-0.11%
--
--
EURUSD
Euro / US Dollar
1.15279
1.15279
1.15317
1.15461
1.14549
+0.00012
+ 0.01%
--
--
GBPUSD
Pound Sterling / US Dollar
1.34778
1.34778
1.34894
1.34935
1.34000
+0.00152
+ 0.11%
--
--
XAUUSD
Gold / US Dollar
4042.86
4042.86
4042.86
4111.58
4020.98
-60.36
-1.47%
--
--
WTI
Light Sweet Crude Oil
84.766
84.766
84.800
85.118
79.948
+2.136
+ 2.59%
--
--

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TIME
ACT
FCST
PREV
IMPACT
U.S. GDP Deflator Prelim QoQ (SA) (Q2)

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U.S. Weekly Continued Jobless Claims (SA)

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U.S. Real GDP Annualized QoQ Prelim (SA) (Q2)

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U.S. Dallas Fed PCE Price Index YoY (Jun)

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South Korea Industrial Output MoM (SA) (Jun)

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Japan Unemployment Rate (Jun)

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Japan Jobs to Applicants Ratio (Jun)

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Japan Tokyo CPI YoY (Jul)

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Japan Tokyo Core CPI YoY (Jul)

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Japan Retail Sales YoY (Jun)

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Japan Industrial Output Prelim YoY (Jun)

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Japan Retail Sales MoM (SA) (Jun)

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Australia PPI YoY (Q2)

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Australia PPI QoQ (Q2)

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China, Mainland NBS Non-manufacturing PMI (Jul)

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China, Mainland Composite PMI (Jul)

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China, Mainland NBS Manufacturing PMI (Jul)

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  • XAUUSD
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BOJ Monetary Policy Statement
Japan New Housing Starts YoY (Jun)

A:--

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  • WTI
  • USDX
BOJ Press Conference
France PPI MoM (Jun)

A:--

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  • EURUSD
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  • WTI
  • USDX
Germany Unemployment Rate (SA) (Jul)

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  • WTI
  • USDX
U.S. Labor Cost Index QoQ (Q2)

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  • XAUUSD
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  • USDX
Canada GDP YoY (May)

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Canada GDP MoM (SA) (May)

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  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. Chicago PMI (Jul)

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USDX
  • USDX
  • XAUUSD
  • XAGUSD
  • WTI
U.S. Weekly Total Rig Count

A:--

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  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
U.S. Weekly Total Oil Rig Count

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  • WTI
  • XAUUSD
  • XAGUSD
  • USDX
South Korea Trade Balance Prelim (Jul)

A:--

F: --

P: --
XAUUSD
  • XAUUSD
  • XAGUSD
  • WTI
  • USDX
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          Reaching $3000 Is Just Around the Corner

          Alan
          Summary:

          The global trade uncertainties brought about by the Trump administration's tariff policies have boosted the safe-haven demand for gold.

          BUY XAUUSD
          Close Time
          CLOSED

          2882.09

          Entry Price

          2960.00

          TP

          2865.00

          SL

          4042.86 -60.36 -1.47%

          170.9

          Pips

          Loss

          2865.00

          SL

          2864.84

          Exit Price

          2882.09

          Entry Price

          2960.00

          TP

          Fundamentals

          Since February, gold has continuously hit new all-time highs. As of February 11, gold reached a new high of 2942.54, with a gain of over 150 US dollars in February.
          Trump administration introduced a series of new tariff measures in February, especially the additional tariffs on steel and aluminum products. It was the main factor driving gold prices higher, which tightened the global trade environment again. Such policies not only increased the costs of enterprises but also put pressure on the global supply chain and the prospects of economic growth. Trade frictions usually trigger rising inflation expectations because tariffs push up the prices of imported goods, and rising inflation greatly increases the attractiveness of gold as an inflation-resistant asset.
          At the same time, trade uncertainties have made investors prefer to hold physical assets and safe-haven assets. Gold, as a traditional "safe-haven" asset, has thus been sought after. Currently, the market generally believes that if trade frictions escalate, the safe-haven demand for gold will rise further, and it won't be long before gold breaks through the 3,000.00 mark.

          Technical Analysis

          Reaching $3000 Is Just Around the Corner _1
          Gold shows a strong upward trend in the 4H chart, and it has continued to rise strongly along the 20-day moving average. However, the RSI indicates that gold is currently in the overbought area, and the short-term upward momentum may decline later. Nevertheless, the moving average system still shows a bullish pattern, suggesting a strong continuity of the upward trend, and the medium-to-long-term trend remains bullish.
          At present, after hitting an all-time high of 2942.54, gold has currently pulled back to around the 20-day moving average and is also near the support level of 2882.00. Moreover, the 4H chart shows signs of stabilizing, and the upward trend may continue. Thus, the first target for the upward movement will be the 2.618 Fibonacci retracement (2968.80). If gold falls below the 20-day moving average, it will enter a deeper correction phase, and the first target for the correction will be the support level of 2840.00.
          Buying at lows is recommended.

          Trading Recommendations

          Trading direction: Buy
          Entry price: 2882.00
          Target price: 2960.00
          Stop loss: 2865.00
          Valid Until: February 26, 2025, 23:00:00
          Support: 2881.55/2840.00/2830.11
          Resistance: 2908.53/2942.54/2968.80
          Risk Warnings and Disclaimers
          You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.
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