Jerome-Leon

Jerome-Leon Updated 

The opening of international spot gold continued yesterday's rebound momentum and strengthened. The U.S. dollar index continued to open on the strong side without causing significant pressure on it. The 10-year U.S. bond yield opened lower and weakened, which supported the steady rebound of gold prices. The price of gold fluctuates in a range, divided into two...

Jerome-Leon Updated 

The international gold price maintains a weak oscillatory trend, and the daily structure is still in the downward model. The international gold price is running below the watershed of 2029 US dollars per ounce for this week's decline, indicating that short sellers currently have a slight advantage in the market. On the upside, first focus on the watershed between...

Jerome-Leon Updated 

During the Asian market on Wednesday, spot gold suddenly accelerated its short-term decline, with the price of gold just falling below $2,025 per ounce. Gold prices lack clear directional strength, although a recent test of the $2,000/oz area suggests buyers are willing to defend that level. The daily chart shows gold prices retreating sharply after approaching a...

Jerome-Leon Updated 

On Monday, entering the European market, as the US dollar recovered its early losses, gold fell under pressure and is currently trading around US$2020. The market is awaiting the arrival of key events this week, including the decisions of the Bank of Japan and the European Central Bank, US GDP and PCE price index, Federal Reserve officials are in a "silence...

Jerome-Leon Updated 

The international spot gold market has started to fall slightly since above the first line in 2020, and the gold price range during the day has mainly fallen steadily and slowly. If it falls below $2020, it will continue to fall, and then there will be support at the low of 2001.75. Pay attention to oversold rebounds.

Jerome-Leon Updated 

U.S. crude oil inventories fell by 6.674 million barrels in the week ended January 19 from the previous level of 483,000 barrels. WTI prices were lower on the day as traders focused on rising U.S. oil production and rising supplies from Libya and Norway. The short-term (1H) trend of crude oil has repeatedly fluctuated near the E point of the triangle, with the...

Jerome-Leon Updated 

Spot gold continues to fall in the short term and is currently trading around US$2,028 per ounce, with intraday gains narrowing to around US$6. It had previously been close to $2,038 per ounce. Any subsequent gains in gold prices are likely to encounter strong resistance and be constrained near the $2040-2042 $/oz resistance area. If gold prices can continue to...

Jerome-Leon Updated 

The price of gold continues to stabilize in the trading range above US$2,000, and many people in the Asian market are rushing to buy gold. With the rapid inflow of funds, demand will provide solid support for gold prices. If gold breaks through 2,031 US dollars per ounce, this will open up space for gold prices to rise further. Gold prices closed above 2016 US...

Jerome-Leon Updated 

In the Asian market on Thursday, spot gold rebounded slightly after yesterday's sharp decline, and gold prices are currently trading near the 2015 US dollars per ounce mark. Spot gold prices fell to their lowest levels since mid-December as the U.S. dollar continued to strengthen. Gold prices fell to as low as $2,003.28 an ounce during New York trading on...

Jerome-Leon Updated 

On Wednesday, during the European trading session, spot gold fluctuated and fell, and spot gold has established a solid support above $2,000 per ounce. Due to the uncertainty about the timing of the Federal Reserve's interest rate hike, the short-term upward momentum of gold prices has weakened. Gold prices currently appear to be consolidating between $2,000 and...

Jerome-Leon Updated 

During the European market on Tuesday, financial markets suddenly experienced significant fluctuations. The U.S. dollar index has further surged in the short term, currently reaching a maximum of 103.13, a new high since December 13 last year, with an intraday increase of 55 points. Suppressed by the surge in the U.S. dollar, spot gold suffered a sell-off. The...

Jerome-Leon Updated 

Entering the European market on Monday, spot gold maintained its upward trend and is currently trading around $2,050, as escalating tensions in the Middle East triggered safe-haven demand and the market once again bet that the Federal Reserve will cut interest rates ahead of schedule. Spot gold rose 0.3% to near $2,055 an ounce, with intraday fluctuations around...

Jerome-Leon Updated 

From a technical point of view, the overall upward trend of international gold prices remains intact, but it is currently at a high level. If the bulls cannot break upward to open up new room for growth, they do not rule out the pressure of fear of high selling, because the market lacks new catalyst stimulation, and other market directions Re-intervention is a...

Jerome-Leon Updated 

Gold prices attempted to break below the $2016.90/oz support line on Thursday, but prices rebounded from around this level and approached minor bearish channel resistance. Notably, the 50-period exponential moving average (EMA) meets this resistance, adding to its resistance. We are currently waiting for gold prices to resume their bearish trend. The first target...

Jerome-Leon Updated 

The price of gold has maintained a weak oscillation within a narrow range this week, with the center of gravity shifting slightly downward. The weekly long trend remains intact, but there are signs of entering a short model on the daily line. The price of gold is currently running below the watershed of 2049 US dollars per ounce for this week's long and short...

Jerome-Leon Updated 

The price of gold has maintained a weak oscillation within a narrow range this week, with the center of gravity shifting slightly downward. The weekly long trend remains intact, but there are signs of entering a short model on the daily line. The price of gold is currently running below the watershed of 2049 US dollars per ounce for this week's long and short...

Jerome-Leon Updated 

Gold prices edged higher on Wednesday. Investors are questioning bets that the Federal Reserve will cut interest rates early. Gold prices have fallen sharply over the past week as traders steadily scaled back bets that the Federal Reserve could begin cutting interest rates as early as March 2024. The idea triggered a sharp rise in the U.S. dollar and also weighed...

Jerome-Leon Updated 

Crude oil real-time market analysis: Crude oil plummeted to near the 70 mark. Affected by the decline in the US dollar index, it failed to successfully break through 70. The current oil price rebounded to 71.2. Yesterday's decline has basically confirmed the weakness in the first half of the week. For today's crude oil price, if it does not break above 72.4, it...