Jun-goldFX

Jun-goldFX

Gold surged and fell on Friday. From the chart, the price fell sharply on Thursday. The price fell below the upper line and the acceleration line. There was a short-term signal of turning short. The auxiliary indicator MACD formed a dead cross at a high level. It is currently suppressed by the moving average. 2750 can be shorted under pressure! Gold surged and...

Jun-goldFX

Gold rebounded today. Although the space is not large, gold did not continue to fall. The downward momentum of gold began to weaken, and gold still has the possibility of rising. If it continues to rise, yesterday's decline is just an adjustment, and gold will continue to rise. Whether gold is a reversal or an adjustment, wait for the release of NFP data...

Jun-goldFX

Gold fell sharply on Thursday, and the current price fell below the previous low. The key is whether it can continue today. Today is the first day of the monthly line change, and the amplitude space is large. The probability of covering this month is very high. The four-hour rebounded at the lower track support, breaking the bottom as a whole. It is currently in a...

Jun-goldFX

Gold hit 2790 for the second time, forming a double top pattern on the hourly chart. However, the price closed above 2780. Before the trend is completely changed, the callback is still dominated by low-to-long positions. Let's look at the oscillation range of 2770/2800 during the day. There is basically no room for gold bears. The decline is to continue to give...

Jun-goldFX Updated 

The bullish trend structure of gold is intact, and it continues to rise sharply and close, approaching the 2800 mark. The bullish sentiment of gold has risen, and it is obviously strong. There is basically no rhythm of falling back, and it continues to set new historical highs. The support level continues to move up. The trading idea remains unchanged, and the...

Jun-goldFX Updated 

Gold continued to close strongly and stabilized at 2740. From the current market, gold bottomed out and rebounded, the bullish trend remains unchanged, and there is still room and demand for further rise. Today, gold focuses on the support below at 2731. If it falls back and relies on this support, it will continue to go long! Gold fluctuates back and forth at...

Jun-goldFX Updated 

Gold rose first and then fell, and the market fluctuated widely. Today, we will continue to see wide fluctuations. The hourly chart forms a consolidation triangle range adjustment. The hourly and four-hour moving averages are glued together, and the RSI indicator returns to the central axis and flattens. At present, the market will maintain this oscillation...

Jun-goldFX Updated 

Gold fell 50$ from the all-time high of 2758 yesterday. The four-hour chart shows the initial head and shoulders top, with the left shoulder at 2740 and the right shoulder waiting for confirmation. After this pattern ends, gold shows a signal of being blocked, and a wave of correction is coming! Today, gold rebounded and began to short, and there is still a need...

Jun-goldFX Updated 

Gold still maintains a trend bullish structure, and hit a new record high of 2748 in the late trading. Now the trend is very clear, the direction is very certain, and trade with the trend. A new high every day, a 45° rise, will not touch the 4-hour moving average at all, this is the strong bull feature. In the Asian session, first look at the pullback strength of...

Jun-goldFX Updated 

Gold rebounded after falling back to 2714. Gold is facing high-level adjustment and shock repair. Let's look at 2705/2735 for the day. The unilateral trend continues to go long. Gold hit a new high yesterday, and the US market fell under pressure. The trend is still bullish, and the Asian market fell back to continue to go long. It is normal for gold to adjust,...

Jun-goldFX Updated 

Gold is bullish in a strong bullish trend, and the technical structure of the bullish trend remains intact. Gold prices hit a new record high in the Asian session. The news of the geopolitical situation in the fundamental market stimulated the continued rise of gold and silver risk aversion. The intraday correction is mainly low and long, relying on the last...

Jun-goldFX Updated 

Gold hit a high in the US market and then fell back, reaching a new historical high. The daily bullish trend structure is intact. This round of bullishness started with 2603 and has crossed the 2700 mark. As for when it will end, there is no peak signal yet! The Asian market continues to be bullish during the day! Gold hit a new historical high yesterday under...

Jun-goldFX

Gold has maintained a strong pattern recently. Although it is under short-term pressure at 2685 again, the overall high-level fluctuation does not meet the conditions of a double top. At present, we should continue to go long at a low price. Only if it falls below 2647, it is expected to form a double top structure of 2685. Pay attention to the support of 2668...

Jun-goldFX Updated 

Gold closed yesterday after a sharp rise and then fell back, with a slight decline on the daily line. A wide range of fluctuations formed around the 2640/2670 range. From the current market, the price is running above the short-term MA5-10, and the moving average is close. This has not yet formed an upward one-sided trend. The long and short positions will have to...

Jun-goldFX Updated 

Gold continued its rebound on Thursday on Friday, and the price further rose to 2661, with a minimum of 2645 in the Asian session. From the current market, the daily chart rebounded close to the acceleration line, with limited space. The focus of the upper suppression is 2670-80. The current price is supported by the short-term moving average, so Friday's rebound...

Jun-goldFX

The daily line ended the 6-day continuous decline structure. Yesterday, the US market formed a bottoming out and pulled up. After the lowest point reached 2602, it gradually rose strongly. The daily line closed at the MA5 daily moving average. The short-term hourly chart RSI indicator broke through the central axis, and the MA10/7-day moving average 2616 formed a...

Jun-goldFX

Gold has a 6-day negative structure. The adjustment started from 2670 and the current round of adjustment has been adjusted downward in a volatile manner. As of yesterday's low of 2604, the adjustment has fallen by less than 70 US dollars. How much room is there for this correction? How much space is left below this callback? From a technical perspective, the...

Jun-goldFX

Technical aspect Technical aspect: the continuous decline of gold daily line broke the adjustment range of the past two weeks. After the daily New York closing price of ten weeks MA10 daily moving average, the current MA7/10 daily moving average opened downward to suppress the 2644/2647 line, the 5-day moving average is at the 2638 line, the RSI indicator...