黃金 技術分析 - 黃金 交易: 2020-10-13


Global risks may increase ahead of the US presidential election

技術分析總結 黃金: 買進

指標信號
RSI中和
MACD買進
MA(200)中和
Fractals中和
Parabolic SAR買進
Bollinger Bands中和

圖表分析

On the daily timeframe, XAUUSD: D1 breached up the downtrend resistance line. A number of technical analysis indicators have formed signals for further growth. We do not rule out a bullish move if XAUUSD rises above its last high: 1935. This level can be used as an entry point. We can place a stop loss below the Parabolic signal and 2 last lower fractals: 1845. After opening a pending order, we move the stop loss following the Bollinger and Parabolic signals to the next fractal minimum. Thus, we change the potential profit/loss ratio in our favor. After the transaction, the most risk-averse traders can switch to the four-hour chart and set a stop loss, moving it in the direction of the bias. If the price meets the stop loss (1845) without activating the order (1935), it is recommended to delete the order: the market sustained internal changes that were not taken into account.

基本面分析 -

The weakening US dollar is driving up precious metals prices. Will the XAUUSD continue to grow?

The dollar is depreciating as investors expect the US Congress to approve bailouts aimed at supporting the US economy hit by the pandemic. During the election campaign, both Republicans and Democrats are forced to promise voters that such assistance will be significant and is likely to range from $ 1.8 trillion to $ 2.2 trillion. This may increase the US budget deficit. The Fed's plans to increase core inflation to 2% while maintaining the rate at the current level of 0.25% may also contribute to a possible rise in gold prices. In addition, the heat of the race increases political risks in the United States, as both Republican Donald Trump and Democrat Joe Biden are confident of their victory. Asian consumers have adapted a bit to high gold prices. Since the beginning of 2020, it has risen in price by 27%. Specifically, the demand for gold jewelry inclined in India and the physical metal has been traded at a premium for the first time since mid-August.