Technical Analysis (XAUUSD)
The market analysis for the price of gold (1st of September) was around 1966.8 USD/Ounces early today. Under 1-hour-chart technical analysis, it skyrocketed after a correction as predicted yesterday (31st). The candlestick is currently lying between the middle and upper Bollinger Bands, with the bands expanding and facing upwards, which is a bullish signal. It is likely to continue skyrocketing.
Currently, the short-swing upper resistance level lies between 1988.0~1990.0. The current support level lies between 1968.0~1970.0. Investors who wish to go long could consider buying between 1980.0~1982.0 in the short-term and setting the stop loss below 1975.5.

Technical Analysis (EURUSD):
The price of EUR/USD (1st of September) was around 1.19383 early today. Under 1-hour-chart technical analysis, it rose sharply after a correction and broke through the swing high as predicted yesterday (31st). The candlestick is currently lying between the middle and upper Bollinger Bands, with the bands expanding and facing upwards. It is likely to continue rising.
Currently, the short-swing upper resistance level lies between 1.19900~1.20000. The current support level lies between 1.19200~1.19300. Investors who wish to go long could consider buying between 1.19580~1.19680 in the short-term and setting the stop loss below 1.19450.

Technical Analysis (GBPUSD):
The price of GBP/USD (1st of September) was around 1.33670 early today. Under 1-hour-chart technical analysis, it continued to rise as predicted yesterday (31st). The candlestick is currently lying between the middle and upper Bollinger Bands, with the bands continuing to face upwards and expand. It is likely to keep rising sharply.
Currently, the short-swing upper resistance level lies between 1.34300~1.34400. The current support level lies between 1.33550~1.33650.
Investors who wish to go long could consider buying between 1.33950~1.34020 in the short-term and setting the stop loss below 1.33850.

Technical Analysis (AUDUSD):
The price of AUD/USD (1st of September) was around 0.73625 early today. Under 1-hour-chart technical analysis, it continued to rise as predicted yesterday (31st). The candlestick is currently lying between the middle and upper Bollinger Bands, with the bands continuing to face upwards and expand. It is likely to rise again.
Currently, the short-swing upper resistance level lies between 0.74300~0.74350. The current support level lies between 0.73700~0.73750.
Investors who wish to go long could consider buying between 0.74000~0.74050 in the short-term and setting the stop loss below 0.73930.

Market Analysis (USOUSD):
The price of USO/USD (1st of September) was around 42.62 this morning. Under 1-hour-chart technical analysis, the candlestick pulled back from high yesterday (31st). It is currently pulling back from the bottom and lying below the middle Bollinger Band. It is likely to decline again after rebounding to the resistance.
Currently, the short-swing upper resistance level lies between 43.10~43.20. The current support level lies between 42.20~42.30. Investors who wish to sell short could consider selling between 42.80~42.90 in the short-term and setting the stop loss above 43.00.

Market Analysis (Nas100):
The NASDAQ (1st of September) was around 12114.4 this morning. Under 1-hour-chart technical analysis, there was an ascending channel. The candlestick stayed bullish, with the Bollinger Bands continuing to expand and facing upwards. It is likely to rise again after a pullback.
Currently, the short-swing upper resistance level lies between 12200.0~12220.0. The current support level lies between 11980.0~12000.0. Investors who wish to go long could consider buying between 12140.0~12160.0 in the short-term and setting the stop loss below 12120.0.

Economic Calendar (1st of September)
(Source: uk.investing.com)
Time | Currency | Data | Importance | |
1. | 00:30 | JPY | Unemployment Rate (Jul) | ★ |
2. | 02:45 | CHY | Caixin Manufacturing PMI (Aug) | ★★★ |
3. | 05:30 | AUD | RBA Rate Statement | ★★★ |
4. | 05:30 | AUD | RBA Interest Ratee Decision (Sep) | ★★★ |
5. | 08:50 | EUR | French Manufacturing PMI (Aug) | ★★ |
6. | 08:55 | EUR | German Manufacturing PMI (Aug) | ★★★ |
7. | 08:55 | EUR | German Unemployment Change (Aug) | ★★★ |
8. | 08:55 | EUR | German Unemployment Rate (Aug) | ★★ |
9. | 09:00 | EUR | Manufacturing PMI (Aug) | ★★ |
10. | 09:30 | GBP | Manufacturing PMI (Aug) | ★★★ |
11. | 09:30 | GBP | Mortgage Approvals (Jul) | ★ |
12. | 10:00 | EUR | CPI (YoY) (Aug) | ★★★ |
13. | 10:00 | EUR | CPI (MoM) (Aug) | ★★ |
14. | 10:00 | EUR | Unemployment Rate (Jul) | ★★ |
15. | 14:45 | USD | Manufacturing PMI (Aug) | ★★ |
16. | 15:00 | USD | ISM Manufacturing PMI (Aug) | ★★ |
17. | 15:00 | USD | Construction Spending (MoM) (Jul) | ★ |
(Importance: maximum three stars ★★★)
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