


Gold prices are consolidating around $3,350 today, with the current resistance level above seen at $3,370 and the support level below at $3,340. From a technical perspective, the 4-hour chart shows an ascending triangle pattern, with the bottom gradually lifting. If the price can effectively break through the $3,370 resistance, it is expected to subsequently...
Powell noted that the vast majority of Fed officials expect to cut interest rates later this year, but it is currently impossible to say whether considering a rate cut in July is too early. The U.S. Treasury Secretary, however, believes that even if there is no rate cut in July, there will be one in September. In terms of market impact, if the non-farm payroll...
The gold price broke through the key level of $3,330 during the European session, which was what the bulls had been trying to break through last week. This level is both the 50-day moving average and the resistance point at the upper edge of the descending channel. Technical indicators show that buying power is accumulating. However, $3,350 is a key resistance...
Today's gold price rebounded above $3,280 after opening with a dive to a low of $3,247, showing a volatile trend. Influencing Factors - Geopolitics: The ceasefire between Israel and Iran earlier caused gold prices to fall, but Trump's threat to bomb Iran again and maintain sanctions has revived market risk aversion, supporting gold prices with some bargain...
After BTC price broke below the $100,000 integer threshold, it rebounded near $98,000 due to DXY weakness and eased geopolitical tensions, currently challenging the $110,000 level. However, strong resistance exists at $110,000. Historical trends show that BTC tends to trigger pullbacks when rising to the $110,000 integer mark. If it fails to break through...
On Friday, gold prices rebounded to $3,328 at the start of Asian trading but were resisted, followed by a sustained decline. Influenced by the U.S. May PCE price index data during the U.S. session, prices hit a low of $3,255 and closed at around $3,274, forming a large bearish candlestick with a long lower shadow on the daily chart. Influencing Factors:...
Core Logic: 1.Macro Drivers: Powell's dovish remarks continue to reverberate, with U.S. Treasury yields declining, the U.S. Dollar Index breaking below 97, and the debt ceiling extended to July 24—safe-haven demand props up gold prices. 2.Technical Outlook: Currently trading in a $3,300–$3,350 range, with shrinking volume reflecting market caution. Trend...
The four bullish drivers behind Bitcoin's rally: 1.Institutional involvement: BlackRock and other institutions have accumulated large positions through ETFs, with OTC inventory declining, creating a scarcity effect in the market. 2.Policy tailwinds: Escalating expectations of Federal Reserve rate cuts have enhanced Bitcoin's attractiveness under...
Powell Unleashes Rare Dovish Signal, Gold Rebounds to $3,330 In yesterday's speech, Powell remarkably signaled policy easing, explicitly stating the Fed "will take appropriate actions to sustain economic expansion," driving gold's short-term rebound to the $3,330 threshold. Technically, gold is now locked in a strong consolidation range of $3,300–$3,350, with the...
Accurate Verification of Middle East Situation Analysis Yesterday's morning strategy focused on analyzing the authenticity of the Middle East ceasefire agreement. By deconstructing the policy logic and strategic intent behind Trump's statement, we accurately predicted that the "Israel-Iran ceasefire" had not reached an official consensus. Although logical...
Trump tweeted late at night that a ceasefire had been reached between Israel and Iran, causing gold and crude oil prices to crash straight away. So far, neither side has officially announced the ceasefire, and new explosions continue to be reported, with the situation likely to reverse at any moment. Market sentiment runs faster than the truth, but the truth will...
I. Daily Chart Trend Analysis On the daily timeframe, BTC/USD closed with a small bearish candle yesterday, forming a consecutive series of bearish candles that clearly indicate a downtrend. The price continues to trade below the moving average system, and the technical indicators have formed a death cross, further confirming the bear-dominated market structure....
I. Market Trends and Sentiment Analysis Driven by the U.S. military intervention in the Middle East conflict, gold exhibited violent fluctuations of "gap-up opening followed by rapid correction" in early trading: - Price Performance: After gapping up to $3,395/oz, the intraday maximum decline approached $50, hitting a low of $3,347 and currently trading around...
I. Market Trends and Institutional Game Analysis This week, the gold price exhibited a typical volatile downward pattern, starting its correction from $3,450 on Monday and hitting an intraday low of $3,340 on Friday before rebounding sharply to around $3,370 ahead of the close. This movement essentially represents a "market washing" maneuver by institutions...
I. Yesterday's Market Performance and Trend Yesterday, the price of gold exhibited a "V-shaped" oscillation pattern. In the morning session, it faced selling pressure around $3,380 and declined to a low of $3,347. Subsequently, it rebounded and returned to the trading range of $3,360 - $3,375. On the daily chart, it closed with a doji star, and trading volume...
The morning strategy has realized profits, and the gold price has entered a technical correction cycle. From a technical perspective, gold prices were resisted near $3,380, with short-term moving averages forming suppression, and the RSI indicator falling back from overbought territory, indicating weakening bullish momentum and clear correction demand. Core...
Driving Logic - Fed policy decision in line with expectations; escalation of Iran-Israel conflict boosts safe-haven demand; gold ETF inflows hit $230M daily, a 1-year high. Key Levels - Strong resistance at $3,400; support at $3,360-$3,370 (confluence of 50-day MA and Fibonacci retracement). Trading Strategy - Long on bullish candlestick reversal at $3,370-$3,360;...
Gold is currently fluctuating between $3,375 and $3,405. A breakdown below $3,375 could trigger a direct move toward $3,360, while a decisive breakout above $3,405 with sustained momentum would target $3,430. The ability to breach this range hinges on today's Fed data release and evolving Middle East tensions. For now, adopt a range-trading strategy (sell...