This is the next 4-hour gold roadmap and trading plan

Hi, everyone. Gold prices have stabilized, and the market is evaluating whether the previous rally is excessive. After experiencing the biggest one-day drop in two months last Friday, gold prices remain around $2,900 per ounce. Previously, technical indicators showed that gold prices entered the overbought area, causing investors to worry that the short-term rally may be too fast, which will trigger a correction.

News impact:

Expectations of a Fed rate cut have increased, supporting the long-term upward trend of gold prices
Weak US economic data and rising expectations of rate cuts are good for gold. The latest data from the US Department of Commerce showed that the decline in retail sales data in January was the largest in nearly two years, exacerbating market concerns about the slowdown in the US economy and prompting investors to further bet on the Fed to cut interest rates this year. According to the latest futures market pricing, the possibility of a Fed rate cut in September has increased.

Global central bank gold purchases and safe-haven demand still provide support
Global central banks continue to buy gold, boosting the market's long-term bullish sentiment. Recent data show that major central banks around the world, especially major Asian central banks, are still increasing their gold reserves, providing solid support for gold prices. The latest market data shows that the pace of central bank gold purchases has not slowed down, and gold ETF holdings have also shown signs of recovery, reflecting that institutional investors are still optimistic about the long-term prospects of gold. In addition, there is still great uncertainty in the Trump administration's tariff policy. Although the market tends to believe that the tariff threat is more of a negotiating strategy, trade tensions may still trigger safe-haven demand, thereby supporting gold prices.

Viewpoint:
The recent volatility in the gold market reflects that investors need to adjust after a strong rebound, but in the long run, the direction of the Federal Reserve's monetary policy will still be the core driver of gold prices. If the US economic data continues to be weak in the future, the Fed's interest rate cuts may accelerate, further pushing up gold prices. In addition, the trend of global central banks buying gold has not slowed down, indicating that the market still has confidence in gold as a long-term safe-haven asset.

Analysis and suggestions:
In the short term, the gold market may face certain technical adjustment pressures, but as long as the Fed's policy expectations remain loose and global trade and geopolitical uncertainties continue to exist, gold still has a good basis for rising. In the future, the focus of the market will be on US economic data, central bank gold purchases and the Fed's policy statement. Investors need to pay close attention to the further impact of the above factors on gold prices.

Buy trading suggestions
Buy 1: 2878-2883

Take profit 1: 2896-2903
Stop loss: 2862

Sell trading suggestions:
Sell: 2905-2915

Take profit: 2895, 2886
Stop loss: 2921

Mr. Baker