Jun-GoldAnalyst

Jun-GoldAnalyst Updated 

In the early Asian session on Thursday, gold fluctuated in a narrow range, and the current price is around 2943. After setting a new record on Wednesday, it fell back. Although US President Trump's latest tariff threat made investors nervous, the US dollar continued to rebound, prompting some longs to take profits. The minutes of the Federal Reserve meeting...

Jun-GoldAnalyst

Gold's daily surge hit the previous high again. After the previous M-top was formed, it retreated and tested the MA10-day moving average at 2877, then stopped at the 7/10-day moving average and continued to open upward. The RSI indicator continued to run above the high of 70, and the daily price structure was running in the bullish trend channel! The short-term...

Jun-GoldAnalyst Updated 

Affected by the holiday in the USA, the gold price fluctuated in a narrow range yesterday, with a slight increase on the daily line. The overall trend is in line with our expectations. The price failed to form an effective continuation after the decline. After rising to 2940 last week, it encountered secondary suppression and then fell sharply. This week, the...

Jun-GoldAnalyst Updated 

From the current market, the unexpected plunge of gold not only caused the 2900 mark consolidated last week to be lost again, but also formed a weak daily line to close sharply, and the closing of 2882 made the advantages accumulated by the bulls vanish. However, although gold has lost its upward advantage at present, I do not recommend being overly bearish or...

Jun-GoldAnalyst Updated 

Gold continues to rise on the daily chart, and bulls increase their volume! The structure remains intact, and the moving average and K-line remain in a bullish arrangement. At present, the price of the daily chart continues to move up from the high point of the MA5-day moving average, and the MA10/7-day moving average keeps opening and moves up to 2880/2898. The...

Jun-GoldAnalyst Updated 

Gold rose sharply to 2909 in the late trading, breaking through the 2900 mark and closing stable. The daily line rebounded and closed. Gold returned to the long structure channel. After the daily line pulled back to the MA5/7-day moving average, the NY market closing price stood above the 2900 mark again. The moving average still remained open upward, and the...

Jun-GoldAnalyst

Gold finally fell on the daily line. After setting a record high of 2942 yesterday, the RSI indicator showed an overbought price for the first time and returned to the lower limit of the Bollinger Band. The latest MA10/7-day moving average stopped at 2875/2853, and the daily line began to fall and adjust. The four-hour chart and the hourly chart moving average are...

Jun-GoldAnalyst Updated 

Gold continues to maintain a bullish trend, and the structure is intact. The daily line hit a record high again at the beginning of the week, and the daily line rose sharply and closed. The MA10/7-day moving average continued to open and moved up to 2842/2867. The price continued to run along the upper track of the Bollinger Band. The RSI indicator has reached a...

Jun-GoldAnalyst Updated 

Gold has risen for the seventh consecutive week. The RSI indicator is at a high level close to 80. The price is at the upper track of the Bollinger Band and exceeds the line. The price deviates from the MA10 daily moving average. Once the weekly RSI indicator forms an overbought or top divergence, and considering that the 7-week rise has reached a critical time...

Jun-GoldAnalyst Updated 

From the daily chart, gold prices regained their upward trend after struggling to stand firm at $2,800. Any pullback at the beginning of the week is seen as an opportunity to buy on dips. It has killed shorts all the way up. Combined with fundamental news, it continues to refresh the historical high to around 2,880, further extending the space, but there is a...

Jun-GoldAnalyst Updated 

Gold still maintains the trend of bullish structure in the rising channel, and the daily line hits a new record high of 2882, ending the rising streak. The upward trend has expanded to $300 since 2582 on December 19. From the technical perspective of gold, how much upward space is there in this round of upward trend? When will the trend change? First of all, the...

Jun-GoldAnalyst

The gold price continues to run along the trend structure, the daily line continues to rise and close, the MA10/7-day moving average opens and moves up to 2788/2802, the price is on the upper track of the Bollinger Band, and the RSI indicator comes to the high value of 70 and close to 80. The price of the short-term four-hour chart continues to rise along the...

Jun-GoldAnalyst Updated 

The overall bottoming and rebounding trend of gold at the beginning of the week has undoubtedly laid a strong foundation for the bulls. It is understandable that the next step-back trend is bullish, but since the price fell after rising in the late trading and closed below 2820, I think it is necessary to make a short-term decline judgment on the intraday market...

Jun-GoldAnalyst

The weekly chart of gold continues to be strong and the price continues to run in the bull trend channel. Gold hit a new historical high of 2817 on Friday. The further strengthening of the bulls has expanded the room for growth. The daily structure continues the upward trend. The latest MA10/7-day moving average has moved up to 2767/2775. After the price touched...

Jun-GoldAnalyst

After the release of the Federal Reserve's interest rate decision yesterday, the gold market was not big, and gold continued to fluctuate. Since it is still fluctuating, gold rebounds to a high level and continues to be short. It is still difficult for gold bulls to rise temporarily. Gold is directly short above the current price of 2772 in the European...

Jun-GoldAnalyst Updated 

Gold prices continue to maintain a bullish trend structure intact. Today, we will follow the trend to find the low point to participate in buying. The daily line continues to rise strongly. The MA10/7-day moving average keeps opening upward and gradually moves up to 2702/2714. The Bollinger band opens upward and the RSI indicator turns upward. The short-term...

Jun-GoldAnalyst Updated 

On the daily chart, the daily chart broke the 4-day winning streak and fell slightly on Friday. The decline at the end of the trading day caused a continuous decline. The price effectively crossed the short-term moving average and led the short-term moving average to turn downward at 2710 and 2707. Other periodic indicators also formed a short position...

Jun-GoldAnalyst Updated 

Gold continued to rise and close on the daily chart, and the price continued to run in the trend. The MA10/7-day moving average of the daily chart kept opening and moving up to 2678/2690, and the RSI indicator kept turning upward and running above the central axis. The price of the short-term four-hour chart continued to move up along the 7-day moving average, and...