KellyLondon

KellyLondon Updated 

The current gold market sentiment is in a cautious neutral state. The US dollar index is under pressure due to the US fiscal health issues and the downward trend of US bond yields, but last week's non-farm data suppressed the Fed's expectations of a rapid rate cut this year. Although risk aversion still exists, it has not formed enough synergy to push up gold....

KellyLondon

From the daily level, gold is in a high-level consolidation since the peak at 3500. The current highs of 3500, 3435, and 3403 are gradually moving down, and the lows of 3120, 3245, and 3293 are gradually rising. The range of consolidation is gradually narrowing, and the Bollinger Bands are flat again, indicating that the current market is in a stalemate, and it...

KellyLondon Updated 

1; Selling can be entered at 3400, with a target of more than 20 US dollars. Today's selling order is only tried once at this position 2; Buying can be tried at 3330, with a target of 10-15 points.

KellyLondon Updated 

Analysis of gold news: During the U.S. trading session on Friday (June 6), spot gold continued to fall weakly and ended the week at around 3309. Gold rose and fell on Thursday. Earlier, silver broke through the $35 mark, hitting a 13-year high, driving gold prices to break through the $3400 mark, hitting a four-week high of around $3403.28. However, due to the...

KellyLondon Updated 

📉📉📉 After the shock on Friday, gold fell sharply in the US market, reaching the lowest level of 3316. This shows that the adjustment is not over and will definitely continue next Monday. The short-term 4H cycle has weakened, and the daily cycle is suppressed on the upper track, but the overall market is still in a wide range of fluctuations, continuing the rhythm...

KellyLondon Updated 

Bitcoin price broke through the $106K mark on Sunday, June 8, though the top cryptocurrency has barely moved over the past seven days, gaining only about 1%. As of 2:30 PM ET on June 8, crypto markets were up 0.84%, with a total value of $3.32 trillion. Bitcoin (BTC) is holding steady at $106,380 after crossing $106,000 this afternoon. It has made a small gain...

KellyLondon Updated 

U.S. President Donald Trump has repeatedly criticized Federal Reserve Chairman Jerome Powell for not cutting interest rates over the past few months. Last month, the Federal Reserve kept the target range for the federal funds rate between 4.25% and 4.5%, citing "inflation still somewhat elevated," as explained in its official statement. And now, with the central...