USDX
102.508

0.29%

XAUUSD
1966.06

0.50%

WTI
72.984

0.13%

EURUSD
1.08334

0.34%

GBPUSD
1.23249

0.31%

USDJPY
130.965

0.43%

USNDAQ100
12548.02

1.13%

Global Markets

News
Columns

Topics Columnists

Trending Topics

Russia-Ukraine Conflict

The war between Russia and Ukraine continues, and it is difficult for the two sides to reach an agreement in negotiations. Western countries have imposed several rounds of sanctions on Russia. The outlook is unpredictable.

The Fed

The Federal Reserve (Fed), or the central bank of the United States, is responsible for regulating the U.S. monetary policy and interest rates. As a provider of liquidity for world trade, the Fed is also known as the world's central bank. Its every move affects the global economy and financial markets.

China-U.S. Relations

Focus on Pelosi's Taiwan Visit ! How will China-U.S. relations develop in the future, win-win cooperation or confrontation?

FastBull Spotlights

Pick the most insightful news around the world for you!

Top Columnists

FastBull Featured

The latest breaking news and the global financial events.

FastBull

Hi there! Are you ready to get involved into the financial world?

Devin

I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.

Winkelmann

7 years of stock market, foreign exchange, precious metal and other trading and analysis experience, based on fundamental, technical support, biased towards the top-down transaction logic, focusing on macro cycle and risk control, multi-purpose supply and demand theoretical prediction price Changes, balances the impact of transactions, chips distribution and market sentiment, and steady.

7x24
Economic Calendar
Quotes

Videos

Trading AcademyTradersDaniel Market Outlook

Latest Update

XRP Went Wild, Why? Ted Cruz Tried to Block CBDC?

The bankruptcy case for Celsius has approved a settlement plan for custody account holders, allowing them to receive 72.5% of their crypto holdings. XRP had a 30% surge as Ripple defendants heralded a positive view in their case with the SEC. U.S. Senator Ted Cruz and Florida Governor Ron DeSantis spoke out against the establishment of a CBDC.

Simple Strategy That Generates 70x Gains In 20 Trades!

We used Python to create a simple trading strategy based on the 200-day SMA and RSI indicators. We backtested this strategy on several popular cryptocurrencies and achieved impressive returns. Join us to learn more about the results of this experiment.

Cathie Wood’s ARK Raised $16M for Crypto! NFTs are Abandoning Solana Platform?

Cathie Wood's fund, ARK, has launched a private crypto fund and raised $16.3 million, and possibility to buy bitcoin, because of she prefers decentralized and transparent investments.Solana-based NFT marketplace Formfunction has closed due to the decline in Solana NFT prices and trading volumes.

SVB and Signature Banks Collapsed?

Signature Bank and Silicon Valley Bank, have caused concern about systemic risk in the U.S. banking sector. Regulators have acted quickly to protect depositors, but will the Fed continue to raise interest rates in March?

Data

Data Warehouse Market Trend Institutional Data Policy Rates Macro

Market Trend

Speculative Sentiment Orders and Positions Asset Correlation

Popular Indicators

Analysis
AI Signals

Trading Signals

Recommended Signals

Pro
Recent Searches
    Trending Searches
      Quotes
      7x24

      View All

      No data

      Login

      Sign Up

      Membership
      Quick Access to 7x24 Real-Time Quotes
      Upgrade to Pro

      --

      • My Favorites
      • Following
      • My Subscription
      • Profile
      • Orders
      • FastBull Pro
      • Account Settings
      • Sign Out

      Scan to download

      Faster Financial News and Market Quotes

      Download App
      Reminder Settings
      • Economic Calendar
      • Market Quotes

      Reminders Temporarily Unavailable

      I have a redeem code

      Rules for using redeem codes:

      1.The activated redeem code cannot be used again

      2. Your redeem code becomes invalid if it has expired

      Redeem
      Fastbull Membership privileges
      Quick Access to 7x24
      Quick Access to More Editor-selected Real-time News
      Real-Time Quotes
      View more faster market quotes
      Upgrade to FastBull Pro
      I have read and agreed to the
      Pro Policy
      Feedback
      0 /250
      0/4
      Contact Information
      Submit
      Invite Friends

      XAUUSD:Inflation Data Is Coming, and the Long-Short Turning Points Are Competing.

      Commodity
      Summary:

      At present, the price of gold has partially absorbed the expectation that U.S. inflation may slow down, and further upwards need to exceed expectations.

      Sell XAUUSD
      End Time
      CLOSED

      1910.00

      ENTRY PRICE

      1850.00

      TGT PRICE

      1940.00

      SL PRICE

      1966.06 +9.82 +0.50%

      3000

      Points

      Loss

      1850.00

      TGT PRICE

      1940.15

      CLOSING

      1910.00

      ENTRY PRICE

      1940.00

      SL PRICE

      Fundamentals

      The market expects U.S. CPI data to show a slowdown in inflation, and the U.S. dollar runs weakly at a low level in the past seven months, supporting gold prices. As the performance of the first two CPI data in the United States was weaker than expected, the price of gold rose by nearly $50 and more than $30 respectively on that day. If the U.S. CPI data in December fail to meet the expectations again in the evening, the price of gold may rise above the 1900 mark, which obtains more possibilities at present.
      Slightly different from the previous two CPI data released, the price of gold has partially absorbed the expectation that U.S. inflation may slow down, which has been priced in. In addition, the signals sent by Federal Reserve officials were basically in line with market expectations at that time. However, at present, it is generally expected that the Federal Reserve may cut interest rates this year, with Fed officials generally preferring to cut interest rates until 2023.
      Investors need to beware of the "boots landing" market where gold prices rise first and then fall or rush up and fall. Besides, this trading day coincides with a number of Federal Reserve ticket committees making speeches. If Fed officials continue to make hawkish speeches, they may also limit the room for gold prices to rise or even cause market reversal.
      What's more, investors need to pay attention to the possibility that the U.S. CPI data in December will meet expectations or exceed market expectations. In both cases, the gold price will face a certain downside risk in the short term. In addition, the change in the number of Initial Jobless Claims in the United States will be released in the evening, which also needs attention.

      Technical Analysis

      Judging from the daily chart, the MACD has formed a golden cross, and the moving averages express a multiple arrangement, with the short line biased towards the long. Meanwhile, the gold price is expected to test the resistance near the 1900 integer mark. In the short term, there is still some resistance near Wednesday's high of 1886.65 and May 6, 1892.40. The strong resistance is near the 1920 mark, which is also the location of the high resistance on April 29.
      In view of the fact that MACD extends the negative divergence signal and is currently running to the overbought zone, the Doji Candlestick was recorded on Wednesday It is still necessary to beware of the risk of gold price peaking in the short term. The initial support below is around the MA5 of 1874.28, and the strong support is around the MA10 of 1853.64. If it retreats to this position, the short-term peak signal will be strengthened.XAUUSD:Inflation Data Is Coming, and the Long-Short Turning Points Are Competing._1

      Trading Recommendations

      Trading Direction: Short
      Entry Price:1910.000
      Target Price:1850.000
      Stop Loss:1940.000
      Support:1853.320/1827.500
      Resistance:1886.000/1920.000
      Risk Warnings and Investment Disclaimers
      You understand and acknowledge that there is a high degree of risk involved in trading with strategies. Following any strategies or investment methodologies is the potential for loss. The content on the site is being provided by our contributors and analysts for information purposes only. You alone are solely responsible for determining whether any trading assets, or securities, or signal, or any other product is suitable for you based on your investment objectives and financial situation.

      Quick Access to 7x24

      Quick Access to More Editor-selected Real-time News

      Full Access to Pro Video Channel

      FastBull project team is dedicated to create exclusive videos

      Real-Time Quotes

      View more faster market quotes

      More comprehensive macro data and economic indicators

      Members have access to entire historical data, guests can only view the last 4 years

      Member-only Database

      Comprehensive forex, commodity, and equity market data

      Damon

      Analyst

      I worked as an analyst at a well-known forex brokerage firm and have been engaged in the financial industry for 10 years, involving forex, futures and stocks. I'm especially good at analyzing and interpreting the market using fundamental data.

      Rank

      10

      Articles

      122

      Win Rate

      46.74%

      P/L Ratio

      0.92

      Focus on

      ETH-USDT, BTC-USDT, XAUUSD

      Related Analysis

      ETH-USDT: Test 1700 Resistance, Wary of Retracements

      LOSS -2600 Points

      XAUUSD: Gold Prices Were More Cautious on the Night of Focus on Inflation

      PROFIT +2704 Points

      ETH-USDT: Price Is Still Weak After Repeated Test of 1500

      LOSS -2000 Points

      ETH-USDT: Focus on Big Data, Trade Dominant Today

      LOSS -2500 Points

      ETH-USDT: Fed Continues to "Release Hawk", Price Under Pressure

      LOSS -2500 Points
      FastBull
      English
      English
      简体中文
      繁體中文
      العربية
      TelegramInstagramTwitterApp StoreApp StoreApp StoreGoogle Play
      Copyright © Fastbull Ltd
      Home News Columns AI News Economic Calendar Quotes Videos Data WarehouseAnalysis AI Signals Pro User Agreement Privacy Policy About Us

      Risk Disclosure

      The risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

      No consideration to invest should be made without thoroughly conduct your own due diligence, or consult with your financial advisors. Our web content might not suit you, since we have not known your financial condition and investment needs. It is possible that our financial information might have latency or contains inaccuracy, so you should be fully responsible for any of your transactions and investment decisions. The company will not be responsible for your capital lost.

      Without getting the permission from the website, you are not allow to copy the website graphics, texts, or trade marks. Intellectual property rights in the content or data incorporated into this website belongs to its providers and exchange merchants.