Hello everyone! Today i want to share some macro analysis with you!
1.
First of all, have a great weekend!
Technical surface: whether it is D1 or H4 trend indicators are strong, the overall trend of bias upward development. Comprehensive point of view, gold in the continuous upward trend, the price is climbing, the lows continue to move up, the highs continue to refresh, at present, the price of gold is still rising space, for the lower support first pay attention to the 3060 near, above continue to continue to test the 3090-3100 area or higher prices!
If gold successfully fell below 3060, then the real adjustment may come.
Next Monday's trading range in the support 3065-resistance 3110! Trading to maintain the main buy trading!
Meanwhile, you need to keep an eye on the market news over the weekend!
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On Friday (28 March), gold prices surged to new all-time highs as investors rushed to safe haven assets amid fears that President Donald Trump's latest tariffs have triggered a global trade war, with the gold market holding firm in its initial reaction to hotter-than-expected inflation data. The quarter is now up over 17 per cent, the best quarterly result since 1986.
Economic data to watch next week:
Tuesday: US ISM Manufacturing Purchasing Managers' Index, JOLTS Job Openings
Wednesday: U.S. global import tariffs, ADP non-farm payrolls.
Thursday: U.S. Weekly Unemployment Assistance Claims, ISM Purchasing Managers' Index for the Service Sector
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