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Gold technical analysis and operation suggestions Market review: Yesterday, gold showed a bottoming-out and rebounding trend. It quickly dropped to 3250 in the Asian session and then stabilized and rebounded. It rose in the European and US sessions, reaching a high of 3296 before falling under pressure. After the US session stepped back to 3270 for the second...

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The smell of gunpowder is full! Trump once again "fired" at the Federal Reserve, saying "no one who is unwilling to cut interest rates immediately will be appointed as the chairman of the Federal Reserve", and made a strong statement that the ideal interest rate should be cut to 1%-2%. This "power game" between the White House and the Federal Reserve is...

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Gold market weekly review: the long-short dilemma and trader dilemma under the PCE inflation game On Friday, the US core PCE price index in May was 2.6% year-on-year, slightly higher than expected. This data, regarded by the Federal Reserve as an "inflation vane", once again revealed the contradictory background of the US economy - the tug-of-war between the...

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Gold bears are about to revel: the 3300 mark is the graveyard, and the negative meat grinder is officially started! Trump's "Powell hunting order" ignited the market's fantasy of the Fed's dovishness, but smart traders have long seen through this political farce - the dollar is weak and gold is rising? Don't be naive! When Wall Street was still fantasizing about...

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Gold market analysis: Narrow range fluctuations awaiting breakthrough, short-term rebound under pressure in the medium term Market review Recently, the volatility of the gold market has narrowed significantly. Yesterday's Asian session volatility was only $15, and the full trading day volatility was $25, hitting a new low in the past six months. The fundamentals...

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Gold 3290 support, the last line of defense for bulls Gold market analysis: With the weakening of safe-haven demand and the hawkish Fed expectations, gold prices fell to a two-week low under pressure Market review Spot gold maintained a narrow range of fluctuations on Wednesday, trading around $3322.93/oz. On Tuesday, the price of gold fell significantly by 2%,...

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Gold market analysis and trading strategy (June 24) I. Technical analysis Key positions: support 3328/3310/3280, resistance 3350/3380 Trend: short-term pressure (4H MACD dead cross), but the weekly line is still bullish (50-week moving average 3280 support) II. Fundamental points Geopolitics: The ceasefire between Israel and Iran is in doubt, and the repeated...

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Gold focuses on the long and short changes at 3340 Technical analysis of gold at the beginning of the week: the oscillating pattern is waiting to be broken, and attention should be paid to the gains and losses in the key range Market review Last week, gold maintained a volatile trend. After the disturbance of the weekend news, it opened at 3396 on Monday and then...

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Gold price performance Spot gold remained stable at $3,368.68/oz on Friday (June 21), the lowest level since June 12, and fell 1.8% this week. The settlement price of U.S. gold futures fell 0.7% to $3,385.70/oz. Geopolitical factors The market is concerned about the development of the situation in the Middle East. The U.S. government postponed its decision on...

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Gold shorts may reach 3290 This week, gold continued to fall after opening high to 3452 on Monday, showing a trend of opening high and closing low. The daily line closed negatively for several consecutive days, accompanied by a cross star adjustment, indicating that shorts are still dominant and short-term corrections have not yet ended. The 4-hour level is below...

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Gold is under pressure and weakening on the daily line, pay attention to the gains and losses of the key support of 3350 On Wednesday, gold showed a fluctuating downward trend. The price tested the four-hour level resistance of 3399.88 twice during the Asian and European sessions and then fell under pressure. The US session accelerated downward due to the impact...

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Gold market analysis: Maintain range fluctuations before the Fed's decision, pay attention to the breakthrough direction of 3365-3395 Market review The gold market showed a volatile pattern on Tuesday. It rose to the 3400 mark in the early trading and then fell under pressure, with the lowest reaching 3374. Then it rebounded again to 3395 and was blocked. The...

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Gold geopolitical conflict and technical game Since June 12, the conflict between Israel and Iran has escalated. Israel's air strikes have damaged Iran's nuclear facilities. Iran subsequently responded with missile attacks, pushing up geopolitical risk concerns. As a traditional safe-haven asset, gold has significantly increased its appeal. However, gold prices...

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Last Friday, driven by the risk aversion sentiment in the Middle East, gold surged to 3445 in the Asian session and then fell under pressure. It stabilized and fluctuated at 3408 in the European session, and continued to fluctuate after probing 3346 for the second time in the US session. On Monday morning, it opened high and touched 3352 (upper track of the...

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Gold Weekly Review: Geopolitical conflicts trigger safe-haven demand, gold prices soared 3.6% in a single week to stand above $3,400 Geopolitical crises dominate the market On Friday (June 14), the international gold price rose rapidly, reaching a high of $3,446.71 per ounce, a new high in nearly two months, and finally closed above the key mark of $3,400. The...

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Market drivers The escalation of the geopolitical situation in the Middle East has become the core catalyst for gold prices. The partial withdrawal of US personnel and Iran's retaliatory warnings have intensified risk aversion demand, and gold, as a traditional safe-haven asset, has received strong buying support. History shows that conflicts in the Middle East...

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Gold market analysis and outlook Fundamental driving factors Inflation data and Fed policy The US CPI data in May was lower than expected, reinforcing the market's expectations for the Fed's September rate cut. The US dollar index was under pressure (falling to 98.42, close to a six-week low), boosting the attractiveness of gold. The expectation of a downward...

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Market review The volatile trend continued on Tuesday, with the Asian session falling under pressure, rebounding in the European session, and sweeping the $30 range in the US session. It rose after confirming support in the morning session today, but fell back in the European session without breaking the previous low. Pay attention to whether it can continue to...