U.S. Weekly Initial Jobless Claims as of February 21: 212,000, below the expected 215,000, but above the previous 208,000. The data slightly exceeds expectations, providing some bearish pressure on gold and silver.
In terms of technical analysis, after gold retested support around 5150 in the evening, if it stabilizes, focus on the 5150-5170 range for potential opportunities, with a stop loss below 5140 and targets of 5200-5230; for silver, watch the long positions at 86.2-87.2, with a stop loss below 85, and targets of 89.5-90.3.
Note:
The above analysis is based on Enze's personal view. Markets are ever-changing, so please rely on actual market conditions!
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U.S. Weekly Initial Jobless Claims as of February 21: 212,000, below the expected 215,000, but above the previous 208,000. The data slightly exceeds expectations, providing some bearish pressure on gold and silver.
In terms of technical analysis, after gold retested support around 5150 in the evening, if it stabilizes, focus on the 5150-5170 range for potential opportunities, with a stop loss below 5140 and targets of 5200-5230; for silver, watch the long positions at 86.2-87.2, with a stop loss below 85, and targets of 89.5-90.3.
Note:
The above analysis is based on Enze's personal view. Markets are ever-changing, so please rely on actual market conditions!