#策略性加码BTC Gold prices today remain in a wide-range oscillation, driven by two main factors.
On the Federal Reserve side, there’s ongoing tug-of-war — after the December US PPI data came in slightly below expectations, the market started to speculate on the possibility of a rate cut in March, and the enthusiasm is quite high. However, a comment from Fed official Bostic quickly cooled the market, emphasizing that inflation decline is not a straight line, and rate cuts should be cautious. The hawks and doves are pulling in opposite directions, causing the US dollar index to fluctuate accordingly, which limits the space for a one-sided gold rally.
Another factor is geopolitical issues. Although the Red Sea situation has not escalated further, Houthi armed groups continue to disrupt shipping, coupled with scattered conflicts in the Middle East, which keeps boosting gold’s safe-haven appeal. Whenever gold prices attempt to dip, these factors tend to step in and support the price.
From a technical perspective, gold is currently oscillating between 4570-4600, with around 4573 as today’s low support. If this level holds, gold may attempt to test the 4600-4610 resistance zone; if it breaks downward, attention shifts to the 4550 level.
**Trading Ideas**
**Short**: Enter at 4595-4605, stop-loss at 4615, target 4575, and watch for a break below 4550.
**Long**: Range setup at 4570-4577, stop-loss at 4560, target 4595, and a break above can target 4615.
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BearMarketLightning
· 7h ago
The Federal Reserve is really annoying this time. One moment hawkish, one moment dovish, and gold prices are being tossed around quite a bit.
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LiquidityLarry
· 7h ago
The Federal Reserve is pulling back and forth again, sometimes cutting rates, sometimes hawkish. Gold is being squeezed tightly here... This round of market movement is indeed difficult to navigate.
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ShamedApeSeller
· 7h ago
The Federal Reserve is really messing around this time. One moment, expectations of interest rate cuts rise, and the next, they are dashed with cold water. Gold is caught in the middle, stuck tightly here.
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NFTDreamer
· 7h ago
It's those Fed folks again contradicting themselves; the gold price must be dragged to death by them.
#策略性加码BTC Gold prices today remain in a wide-range oscillation, driven by two main factors.
On the Federal Reserve side, there’s ongoing tug-of-war — after the December US PPI data came in slightly below expectations, the market started to speculate on the possibility of a rate cut in March, and the enthusiasm is quite high. However, a comment from Fed official Bostic quickly cooled the market, emphasizing that inflation decline is not a straight line, and rate cuts should be cautious. The hawks and doves are pulling in opposite directions, causing the US dollar index to fluctuate accordingly, which limits the space for a one-sided gold rally.
Another factor is geopolitical issues. Although the Red Sea situation has not escalated further, Houthi armed groups continue to disrupt shipping, coupled with scattered conflicts in the Middle East, which keeps boosting gold’s safe-haven appeal. Whenever gold prices attempt to dip, these factors tend to step in and support the price.
From a technical perspective, gold is currently oscillating between 4570-4600, with around 4573 as today’s low support. If this level holds, gold may attempt to test the 4600-4610 resistance zone; if it breaks downward, attention shifts to the 4550 level.
**Trading Ideas**
**Short**: Enter at 4595-4605, stop-loss at 4615, target 4575, and watch for a break below 4550.
**Long**: Range setup at 4570-4577, stop-loss at 4560, target 4595, and a break above can target 4615.
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