GoldenViewJake

GoldenViewJake

Today, the Asian and weekly market returned to the starting point of last Friday, 3252, and then fell again. The short-term market entered a repeated shock market and stabilized at 3200 again. The daily line just stood on the 60-day moving average and rose. The previous weakness has now turned into strength, which just made its Bollinger band close. On this basis,...

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News: Gold has come under tremendous selling pressure this week as the market responded positively to the easing of the Sino-US trade war. "Investors' risk appetite has rebounded, and funds have withdrawn from safe-haven assets such as gold and turned to stocks and high-risk assets, causing gold prices to continue to be under pressure! Technical side: With spot...

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Gold has been maintaining a stable pattern of oscillating decline in yesterday's trend. The market direction is biased towards the bearish trend. Yesterday, gold rebounded several times but was blocked and fell back. It fell rapidly in the evening and fell below the 3200 mark. For today's market trend, it still maintains a bearish trend. The current lowest decline...

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With the sharp drop on Monday, gold will not be as strong as before, but don't forget that the overall gold price is still bullish. It is currently adjusting under the big cycle, which is what I have always emphasized. It opened lower on Monday, and this situation is definitely weakening. We need to observe whether it will continue in the future. Today, we will...

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Analysis of gold news: On Friday, as the market waited for the China-US talks, the US dollar index softened, once hitting a low of 100.08, and finally closed down 0.21% at 100.42. The benchmark 10-year US Treasury yield closed at 4.3890%; the two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.9100%. As India-Pakistan relations...

GoldenViewJake Updated 

Gold rebounded to around 3414 in the Asian session yesterday, but was blocked and fell back. Later, it broke down to around 3288 and closed down on the daily line. The normal trend continues to be bearish today, and there is a probability of going to around 3270 or even 3250. However, yesterday's low point of 3288 is the position of 618 in this wave of rise. In...

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On Wednesday, the US dollar index strengthened and closed up 0.47% at 99.86 as the Fed remained on hold and Powell reiterated his willingness to wait for a clearer outlook before taking action. The benchmark 10-year Treasury yield closed at 4.2740%; the two-year Treasury yield, which is more sensitive to monetary policy, closed at 3.7870%. Due to the market's...

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Breaking news, China and the United States are preparing for tariff talks, which is a major negative. Gold plunged more than $60 from $3438 in the Asian session, and should have reached the top within the day; if there is no major positive push, the Asian session high of 3438 should not be broken again, otherwise it will definitely break once it breaks through...

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Gold has now broken through strongly and stabilized above 3350. Gold fell back in the Asian session and went long. Gold bulls restarted and accumulated energy. Now gold bulls obviously occupy a dominant position. Gold fell back in the Asian session and could only go long. For the current market, don't chase it easily. The market fluctuates too much. Wait patiently...

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On Friday, stronger-than-expected U.S. non-farm data showed that tariff uncertainty has not yet hit the U.S. job market, prompting traders to reduce bets on an impending rate cut. However, although the non-farm data was relatively solid, it failed to reverse the overall weakness of U.S. economic data last week. In addition, there was some optimism about tariffs in...

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Yesterday's US ADP data did not make gold rise straight. The gold price only rebounded slightly and then fell straight in the US market. At present, the trend of gold has fallen below the support of 3230. New downward space has been opened. For our short-term investors, we just need to follow the trend! The first point of the day is that we first focus on the top...

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From the 4-hour chart of gold: From the above chart, the current trend may be a convergent triangle consolidation, with the high point gradually moving down and the low point gradually moving up. When the space can no longer be expanded, a breakthrough in a certain direction will be obtained. At present, the upper track is at 3344 and the lower track is at 3273....

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Last Friday, driven by hopes of easing global trade tensions, the US dollar index rose, eventually closing up 0.325% at 99.61, ending a four-week losing streak. US Treasury yields continued to fall, with the benchmark 10-year Treasury yield closing at 4.24%; the two-year Treasury yield, which is more sensitive to monetary policy, closed at 3.744%. Given the...

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On Thursday, as the Fed's speech pushed up expectations of rate cuts, the US dollar index fell back and eventually closed down 0.611% at 99.29. US Treasury yields fell, with the benchmark 10-year Treasury yield closing at 4.325%; the two-year Treasury yield, which is more sensitive to monetary policy, closed at 3.805%. Boosted by the dollar's retreat and bargain...

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Spot gold rebounded slightly in early Asian trading on Thursday and is currently trading around $3,329, supported by bargain hunting. Gold prices continued to fall from record highs on Wednesday, falling nearly 3%, hitting a low of $3,260.08 and closing at $3,288.18. Investors were relieved by hopes of easing trade tensions and President Trump's abandonment of his...

GoldenViewJake Updated 

Previously, Trump frequently criticized Powell, saying that his interest rate cuts were not fast enough, and even considered firing Powell, causing market turmoil. But on April 22, Trump said he had no intention of firing Powell, but still emphasized that the Fed should lower interest rates and said that the stock market had risen well. This statement eased the...

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In the early Asian session on Tuesday, gold continued to rise, once setting a new historical high. Gold prices rose nearly 3% on Monday, rising above $3,400 and reaching a high of $3,460. The weakening of the US dollar and the uncertainty of the impact of international trade tensions on the economy stimulated safe-haven demand. There are relatively few economic...

GoldenViewJake Updated 

Last week, the market was closed and adjusted over the weekend, and the overall sentiment focused on the safe-haven properties of gold. As concerns about the U.S. debt crisis intensified and the dollar's credibility came under pressure, gold became the first choice for global funds to avoid risks, and prices continued to rise. The current U.S. dollar index hit a...