DouglasHart

DouglasHart

Although tariffs have been reduced, they are still at a high level. The risk of economic recession seems to be reduced, but the risk of rising interest rates is increasing, which will undoubtedly further suppress the US dollar and benefit gold. After the gold bulls successfully broke through the box shock range, they started a strong upward mode and advanced all...

DouglasHart

Gold broke through 3250 and then rose rapidly. The main reason was the influence of geopolitics. Israel was preparing to launch a strike on Iran’s nuclear facilities, and the relationship between the two sides was tense. At the same time, the conflict between Russia and Ukraine continued to be deadlocked. The EU and the UK also announced a new round of sanctions...

DouglasHart Updated 

Gold technicals: Gold closed with a long shadow and a medium-sized negative line last week. Today, it opened higher and returned to the opening point of 3252 last Friday and fell again. In the short term, it entered a period of repeated shocks and saws, and the 3200 integer mark was lost and regained. The daily line just stood firm on the 60-day moving average and...

DouglasHart Updated 

Gold, intraday, one by one fell to 3204 and then rebounded. The evening analysis emphasized that the 4H chart structure was strong, and the US market continued to be bullish, with a target of 3264-3274; it has now reached 3264, in line with expectations; the 4H chart closed at 22:00 is still a bullish structure, and there will be continued energy release on...