Jun-GoldAnalyst

Jun-GoldAnalyst Updated 

Last week, the daily gold line fell to 2536 and supported on the 20-day moving average. Affected by the risk aversion of Russia and Ukraine at the end of the week, the Asian session rose by $30 compared with last Friday, and the price was above the oscillating platform. From the perspective of the 1-hour chart, the rebound has not ended! Sell high and buy low...

Jun-GoldAnalyst Updated 

Gold bottomed out and rebounded yesterday, and rose sharply in the late trading, approaching the resistance of 2578! The daily MA5 moving average moved down to 2583, the four-hour MA10 moving average was 2570, and the lower track of the Bollinger band was 2588. The top and bottom conversion position of the previous low was 2590, and the hourly RSI indicator...

Jun-GoldAnalyst Updated 

Gold continued to close with a weak short position, and the daily line fell sharply. Today, gold rebounded and continued to short. There is still room and demand for further decline. The price fell to the trend line of 2556. Pay attention to the top and bottom conversion position of 2530 below. Gold's 1-hour moving average continued to cross and diverge downward....

Jun-GoldAnalyst Updated 

Gold's late-session high-fall continued the weak adjustment pattern. Technical trading ideas: Continue to short at high prices during the day's rebound! The hourly chart Bollinger Bands narrowed, with the upper track at 2616 and the lower track at 2590. The current market 2616 is today's long-short dividing line! Gold is still weak, and the rebound is limited....

Jun-GoldAnalyst Updated 

Gold daily line fell below a new low again. After a short rebound was blocked, it began to fall. After a short correction, it was ready to break the low again to open the falling wave, and at the same time pulled the indicator to turn downward. The short-term market is expected to repair the rise, and the trading strategy is to maintain the rebound short...

Jun-GoldAnalyst Updated 

Gold daily line single K closed negative, the 5-day moving average system crossed the 20-day moving average, and the overall short position was arranged. The auxiliary indicator MACD also crossed downward at a high position. Gold fell under pressure from high levels, and gold continued to short in the Asian session. The rise of gold last week was just a reaction...

Jun-GoldAnalyst Updated 

Gold's 1-hour moving average continues to diverge downward in the short position, without any signs of turning. Gold's short position has not ended yet, and there is still room for downward movement. Yesterday's rise in gold has digested the expectations brought by the interest rate cut. It has fallen back after being under pressure at 2710 many times, indicating...

Jun-GoldAnalyst

Gold attacked 2710 and stood on the 2700 mark again. The adjustment range is very large. The market fluctuated greatly recently, fluctuating back and forth by 70~100$, so don't chase the rise or follow the short. Pay attention to the continued high action at the end of the week. Go long first and then go short when the correction is made! The Federal Reserve's...

Jun-GoldAnalyst

Gold fell sharply on the daily line. With Trump's victory, market funds flowed into US bonds and the US dollar index, which had a certain negative impact on gold and silver. The short-term hourly chart has double tops, the four-hour moving average dead cross opens downward, the daily dead cross opens downward, and the RS indicator breaks through the middle axis....

Jun-GoldAnalyst Updated 

The gold trend indicator MA5 and MA10 tend to be in a state of adhesion. Although it closed below the moving average, from the overall shape, because there is no sustained decline, it is still a high-level sideways correction. Continue to pay attention to the break direction of the 2720/2750 range adjustment. Gold continues to be weak. Gold rebounded in the past...