Johnny_Jun
PremiumRefer to my previous trading idea. Gold retreated as expected. We almost caught the highest point of the day and shorted gold near 3365, and successfully hit TP: 3346, which enabled us to successfully profit 190pips in short-term trading, with a profit of nearly $10K, which is a good result in short-term trading. Currently, the lowest point of gold in the...
📣Gold prices fell 2% last Friday, hitting a near one-month low. Optimistic trade-related agreements boosted risk appetite and weakened the attractiveness of gold as a safe-haven asset. This week, the market will usher in a group meeting of major central bank governors around the world (Fed Chairman Powell, European Central Bank President Lagarde, Bank of England...
7.15 Gold Operation Strategy Reference: Short Order Strategy: Strategy 1: When gold rebounds around 3370-3375, short (buy short) 20% of the position in batches, stop loss 10 points, target around 3350-3345, break to see 3340 line; Long Order Strategy: Strategy 2: When gold pulls back to around 3340-3345, long (buy long) 20% of the position in batches,...
XAU/USD Head and Shoulders Breakdown Analysis The chart shows a classic Head and Shoulders pattern forming on the 4H timeframe, indicating a potential bearish reversal setup. Left Shoulder: Formed mid-May with a local high followed by a dip. Head: A higher peak formed in mid-June. Right Shoulder: Formed recently at a lower high compared to the head, completing...
1. What happened yesterday As expected, Gold started to rise after finding support at 3250. The move up played out perfectly, reaching the resistance area highlighted in yesterday’s analysis — around 3320–3340. ________________________________________ 2. The key question today Is this just a correction in a bearish trend, or the start of...
XAU / USD trend forecast JUNE 30, 2025 ⚠️Gold (XAU/USD) extends its slide to the $3,265 zone in early Asian trade Monday, plumbing near one-month lows as risk appetite returns to the forefront. A breakthrough US-China rare earth agreement, hailed by markets, has tempered safe-haven demand, sending bullion lower. The ceasefire pact between Iran and Israel further...