Jun-GoldAnalyst

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...

Jun-GoldAnalyst Updated 

Gold maintains a bullish trend structure intact, and the daily chart continues to close strongly. The price runs along the middle and upper rail channel of the Bollinger Bands, and the MA10/7-day moving average continues to open upward and gradually moves up to 2668/80, and the RSI indicator turns upward above the middle axis. The short-term four-hour moving...

Jun-GoldAnalyst Updated 

The negative non-agricultural data on Friday did not cause a fall, but the bulls started a surge mode. In the intraday, it not only hit the previous high pressure of 2693, but also returned to the vicinity of the 2700 mark. Although it failed to break through the 2700 mark in the end, the technical form also highlighted the fact that the decline has stopped and is...

Jun-GoldAnalyst Updated 

The trend of gold yesterday was no different from that of the previous few days. The only difference is that it is constantly breaking through the highs above. From the current point of view, the rise of gold has not ended. There is no news data on Thursday. The main focus can be on today's NFP. The overnight retracement low of gold near NFP is 2650, which is a...

Jun-GoldAnalyst Updated 

After falling from 2790 to 2536, gold has been running in a contracting triangle pattern with gradually falling highs and gradually rising lows. After nearly two months of consolidation, the current market has reached the end of the triangle. No matter which direction the market breaks in the future, there will be a good unilateral market. Please pay attention to...

Jun-GoldAnalyst Updated 

Gold rose strongly yesterday. Many people may have started to chase more gold. However, gold fell back under pressure at 2664, reaching the previous high point. This position is also an effective point for the continuous suppression of shorts in the near future. With the strong rebound during the day, it also reached this position, but it is very likely to form a...

Jun-GoldAnalyst Updated 

Gold fluctuated widely yesterday. The closing price of the daily line remained above the MA10 daily average line of 2626, and adjusted in the middle track of the daily Bollinger band. The Bollinger band of the four-hour chart gradually closed. Returning to the oscillation zone, the same is true for the hourly chart, so treat it as oscillation in the short...

Jun-GoldAnalyst Updated 

On Friday, gold rose first and then fell. Although the daily chart of the big cycle is bullish, due to the rapid rise, there has been a small cycle adjustment. In my opinion, the daily chart's oscillating upward movement has not yet ended, but the short-term adjustment and correction has not yet ended, especially in the four-hour period. The price broke through...