Gold prices continue to rise to 2670 on Tuesday: Go long at lows

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Gold prices continue to rise to 2670 on Tuesday: Go long at lows

Predicting gold prices is like predicting the weather - it's just that the weather is less often wrong!
Straight lines belong to humans, curves belong to God
Remember: we are playing with gold, not gold playing with us.

The following is Williams' gold forecast:

Technical analysis four-hour cycle: As long as the gold price runs above 2635, I don't think it has escaped this adjustment period.
On Monday, gold prices fluctuated greatly due to this news, and the active trading atmosphere was ignited at once.
Currently, the gold price is around 2635-2640 and continues to hover in the oscillation range.
Big structure: It is still dominated by the F2 triangle convergence pattern, and the fluctuation range of 2630-2670 is still an important momentum range.
Macro analysis:
In the long run:
1: The new US tariffs may increase trade tensions and may lead to slower economic growth. Trump's proposed policy agenda will push up inflation, making the Fed's path to interest rate cuts this year more complicated.
2: Fed officials cut interest rates by 25 basis points at their last meeting in 2024, in line with market expectations, but officials also signaled only two rate cuts in 2025 and were more cautious about the pace of continued reductions in borrowing costs.
3: "If Trump's new policies lead to a deterioration in trade relations, we may see a negative reaction from the stock market," predicting that gold prices will rise to $2,800 an ounce by the end of the year. After all: "Gold will be a good asset to hedge this risk."
4: For the rest of the world, a potential trade war with the United States may prompt central banks to accelerate the pace of easing. This situation will boost gold's performance, and gold prices are expected to reach more than $2,800 an ounce this year.
Summary: Gold price fluctuates in the short term and rises in the long term
Today's strategy:
BUY: 2625-2635 (place orders in this range)
SL: 2610-2620 (place defensive orders in this range)
TP1: 2650
TP2: 2660
TP3: 2670
TP4: 2690
I will still share the specific entry timing with you in the follow-up of the article. If you are also optimistic about my analysis, I hope you can leave me a message for feedback. I look forward to your comments and I will reply to you seriously.

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