9.10 Rakuten🔥 Midnight Gold Market Analysis
Tonight, the ECB is expected to hike rates by 25 bps, and the US initial jobless claims data will be released. Theoretically, this is bullish for gold and silver, but these two sets of data basically didn’t move the market.
The real driver of the action is the sharp rally in crude oil. The market worries that inflation could heat up again, which pushes the US dollar higher in parallel and directly drags down gold and silver prices, breaking the earlier short-term rebound structure.
📌 Key Levels
Support: 4330–4340, Resistance: 4375–4385
Liquidity in the midnight session deteriorates—don’t rush to bet on a one-way move. Wait for a stop-falling (bottoming) signal to appear around 4330–4340, then take a small position to catch a short-term repair rebound. If the rebound can’t break above 4375–4385, you can consider a short position.
All current volatility is basically warming up for tomorrow’s CPI. Tomorrow’s inflation data will determine the next major direction. Trade with a light hand during the midnight session, and your stop-loss must be set.
⚠️ This is only my personal market view sharing and does not constitute investment advice. Leveraged trading carries high risk. #黄金 #美国续请失业金人数177.4万 #欧洲央行二次加息至2.5%
Tonight, the ECB is expected to hike rates by 25 bps, and the US initial jobless claims data will be released. Theoretically, this is bullish for gold and silver, but these two sets of data basically didn’t move the market.
The real driver of the action is the sharp rally in crude oil. The market worries that inflation could heat up again, which pushes the US dollar higher in parallel and directly drags down gold and silver prices, breaking the earlier short-term rebound structure.
📌 Key Levels
Support: 4330–4340, Resistance: 4375–4385
Liquidity in the midnight session deteriorates—don’t rush to bet on a one-way move. Wait for a stop-falling (bottoming) signal to appear around 4330–4340, then take a small position to catch a short-term repair rebound. If the rebound can’t break above 4375–4385, you can consider a short position.
All current volatility is basically warming up for tomorrow’s CPI. Tomorrow’s inflation data will determine the next major direction. Trade with a light hand during the midnight session, and your stop-loss must be set.
⚠️ This is only my personal market view sharing and does not constitute investment advice. Leveraged trading carries high risk. #黄金 #美国续请失业金人数177.4万 #欧洲央行二次加息至2.5%
