Jun-GoldAnalyst

Jun-GoldAnalyst

Gold daily line maintains a short structure, and the continued rise of the US dollar index has a certain negative impact on the gold and silver markets. The daily line closed with a long upper shadow and a small positive, and the short-term chart four-hour roller coaster price continued to move down along the high and low points of the MA10-day moving average, and...

Jun-GoldAnalyst

Gold bottomed out and rebounded on the daily line, MA10/7-day moving averages were flat at 2661/70, and the RSI indicator was running at the 50 value of the middle axis. The short-term four-hour chart bottomed out and rebounded, and the Bollinger Band lower track 2630 was supported to a certain extent. The hourly moving average golden cross opened upward, and the...

Jun-GoldAnalyst Updated 

Gold closed higher on the daily chart, but the price still closed below the MA10 daily average of 2660. The RS1 indicator was adjusted at the middle axis, and the daily Bollinger Bands gradually narrowed. The short-term four-hour chart fell into a shock adjustment around the 43/64 range, and the moving average closed. The hourly chart Bollinger Bands closed, and...

Jun-GoldAnalyst

Gold closed slightly higher last week, and gave up most of the gains of the previous four days at the end of the week. The 10/7-day moving average of the short-term four-hour chart opened downward at 65/70, and the RSI indicator was running on the lower track of the axis in the hourly chart and the four-hour chart, and the Bollinger band was running on the middle...

Jun-GoldAnalyst

Gold fell sharply on the daily line, breaking the bullish structure that had been rising strongly from 2613 to 2726 in this round. The daily line retracement tested the MA5 daily moving average. The upper track of the Bollinger Band suppressed the 2713 line, the middle track was at the 2654 line, and the RSI indicator was running above the central axis. The...

Jun-GoldAnalyst Updated 

Gold closed positive on the daily line. A new high was reached in the Asian session. If we look at the trend from the perspective of the K-line, the triangle breakout bulls will continue, so the idea is to mainly buy low today. Is this low buy more after a decline or directly buy more? The support is currently at 82-76! Gold started to break through strongly in...

Jun-GoldAnalyst Updated 

In the Asian market on Tuesday, gold fluctuated in a narrow range and is currently trading around 2667, holding most of the overnight gains. Gold prices hit a two-week high of 2676 on Monday, climbing more than 1%, because the Chinese central bank resumed buying gold after a six-month hiatus, and expectations of a rate cut by the Federal Reserve next week also...

Jun-GoldAnalyst

Weekend news shows that the People's Bank of China has increased its gold holdings by 160,000 ounces again after six months. After more than 13 years of civil war, Syrian opposition forces seized control of the capital Damascus on Sunday. The martial law crisis in South Korea continues to ferment. In the short term, bullish opportunities have increased. On the...

Jun-GoldAnalyst

Gold's 1-hour moving average continues to cross downward to form a dead cross, and continues to diverge downward, so the downside space of gold will be further opened, the gold oscillation range is broken, and a new low this week is created. Gold begins to weaken, so the rebound of gold is an opportunity to continue to be shorted. After gold rebounds to around...

Jun-GoldAnalyst Updated 

Gold daily chart formed a bottoming out and rebounded to close higher, the structure stood above the MA10 daily moving average of 2647, but the moving average was still flat, and the RSI indicator mid-axis position was adjusted. The short-term four-hour chart is still adjusting within the Bollinger Band channel, the upper track is 2657/60, the lower track is...

Jun-GoldAnalyst

Gold maintains a wide range of fluctuations, and the range of 2630-2660 is adjusted. The release of news data today will determine whether gold can break the balance, but the rebound of gold is a high-rise fall, indicating that there are still many resistances above, and the rebound in the Asian session continues to be short. The roller coaster has fluctuated back...

Jun-GoldAnalyst Updated 

Gold ended in shock and tested the 2633 line several times. The daily line ended the rise of the previous four trading days, and the small adjustment after the big drop ended. With yesterday's closing down, the short-term decline is still there, and the standard shock pattern of the four-hour line rebounded after reaching the support below. It is still in the...

Jun-GoldAnalyst Updated 

Gold opened slightly lower in the Asian session, and then accelerated downward. The support position below is near 2620. In the 4-hour period, the stochastic indicator crosses and moves downward. In terms of form, it is under pressure on the upper track of BOLL and moves downward. In the 4-hour period, you can consider continuing to choose a high-altitude approach...

Jun-GoldAnalyst Updated 

Gold bulls and bears saw each other repeatedly, and the market rose and fell back to fluctuate and adjust! Thanksgiving on Thursday, the US market closed early, and the expected volatility was limited, so the expectation should not be too high. Look for opportunities to short below 2652, and the nearest suppression below is 2647! Continue to sell on rebound! We...

Jun-GoldAnalyst Updated 

Gold fluctuated widely, and the daily line bottomed out and rebounded to 2630 to close. Treat intraday trading with a fluctuating mindset, and the hourly Bollinger Bands closed and the moving average flattened. Intraday 2620 and 2615 short-term support, 2640/2650 short-term resistance above, high-altitude and low-multiple participation in the range! Gold 1-hour...

Jun-GoldAnalyst Updated 

Gold has been jumping up and down with huge fluctuations. Yesterday, gold plummeted because Israel and Lebanon are about to cease fire, and the Trump team gave a time point to resolve the Russian-Ukrainian conflict, so the risk aversion sentiment subsided and traders took profits at high positions, causing gold to plummet by 100 points in a single day. However,...

Jun-GoldAnalyst Updated 

Gold risk aversion has been alleviated, and gold has broken down directly. The bullish trend of gold has been temporarily alleviated. After the decline of gold, the bulls have no strong counterattack. It is difficult for gold bulls to make great achievements for the time being. Gold rebounds and continues to be short. Gold broke down with the relief of risk...

Jun-GoldAnalyst

The global geopolitical situation is tense, and the risk aversion sentiment of gold is strong. The bullish trend is still the mainstream this week. This week's trading should still be based on low and long. The high point of 2710 last week was broken, and it is possible to see 2750 and 2790 this week. In principle, we still don't guess the top. Combine the pattern...