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Information summary: Israel issued a statement: The attack on Iran has been completed. All Israeli Air Force pilots and crew members who participated in the attack on Iran returned to the base unscathed. Iran issued a statement: The attack could not have happened without the coordination and permission of the United States. The United States is responsible for...

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Event summary: On June 13, Israel launched an air operation codenamed "Lion Rising" against Iran. So far, five rounds of air strikes have been launched. As the situation in the Middle East escalates, gold has risen again due to risk aversion, directly breaking through 3,400. Gold risk aversion has increased, and there is no sign of easing for the time being, so...

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Yesterday, gold closed with an engulfing positive line, and the closing line stood above the 5-day and 10-day moving averages. From the analysis of gold in 1 hour, the current price is still in a fluctuating upward channel. Based on this technical pattern feature, if the subsequent economic data is positive and pushes the gold price to further strengthen, it may...

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Since last Friday, the daily line has shown an alternating trend of yin and yang. In the three trading days this week, the lows and highs have been rising continuously, which shows that the short-term trend is strong. Today's intraday trend also illustrates this point. At present, gold has risen directly to the 3388 line, directly refreshing the intraday high...

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Information summary: On Wednesday, the US dollar index plunged during the session as the CPI data that was lower than expected boosted the market's expectations of interest rate cuts. As of now, the lowest point is near 98.2. After the release of the CPI data, gold rose in the short term and touched the 3360 US dollar mark, and then quickly gave up the gains and...

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In Asian trading on Wednesday, traders are awaiting the release of the latest U.S. Consumer Price Index (CPI) data for May. Estimates suggest that prices are likely to rise as American households feel the impact of tariffs imposed by the Trump administration. But the easing between the world's two largest economies should have an adverse impact on safe-haven...

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Information summary: On Tuesday, as the China-US trade negotiations entered the second day, the US dollar index fluctuated around the 99 mark. The gold price once approached the 3,300 US dollar mark in the Asian market, and then continued to rise, reaching the highest of the 3,350 US dollar mark. After the opening of the US stock market, all the gains during the...

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Market summary: Yesterday, thanks to the weakness of the US dollar, the US dollar once fell below the 99.0 mark. Spot gold rebounded from the low of 3293 hit earlier in the session, recovering all the losses during the day, and the highest point was near 3338. It fell from the high point in the early Asian session on Tuesday, and has been consolidating in the...

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After the opening of the U.S. stock market today, the price of gold rose rapidly, breaking through the first resistance level of 3325, and currently reaching the intraday high of 3337. However, from the hourly chart, the current price has not reached the upward trend point I predicted, so the price is likely to rise slightly again in the future. From the...

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The Asian market continued to fall on Friday in the early trading on Monday, reaching a low of around 3293. It then bottomed out and rebounded, reaching a high of around 3325, and is currently maintaining a consolidation around 3320. From the hourly chart, gold is completing the fifth wave in the wave trend; in the short term, gold is in a rebound trend, and has...

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Last Friday, the US dollar index rose and recovered the 99 mark as the non-farm data exceeded expectations and weakened the Fed's hope of cutting interest rates this year. Spot gold continued to fall after the release of non-farm data, breaking through the 3345 and 3330 levels. Market analysis: First look at the 4-hour chart of gold: It broke through the 3300...

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Information summary: This week, the market continued to be affected by Trump's tariff policy and the progress of negotiations. On Thursday, the phone call between the Chinese and US heads of state boosted market sentiment. In the early stage, the precious metals market ushered in a collective rise, and the prices of silver and gold performed strongly. Silver rose...

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From the daily chart: Since the last round of breaking the triangle convergence oscillation and breaking the trend line, gold has surged to 3400, but the upward momentum is insufficient and it has retreated. The low point of the retreat on Friday happened to be the support level of the previous triangle convergence trend line near 3300. If it falls below, the...

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Today, the market will focus on the US non-agricultural employment data. The market expects that 130,000 new jobs will be added and the unemployment rate will remain unchanged at 4.2%. If the non-agricultural data is far worse than expected, it may continue to hit the US dollar and stimulate a sharp rise in gold prices. On the contrary, if it is higher than...

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Market analysis: The market once again staged a long-short trend yesterday. Due to the intensification of geopolitical risks, gold has been advancing all the way. Because of the easing of Sino-US trade relations, prices have fallen sharply. From the current market point of view, non-agricultural data is the key today. After a sharp drop in the early morning, it...

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Market analysis: Gold fell slightly to around 3361 in early trading on Wednesday. After falling to around 3346, it quickly rose to around 3372, then was blocked and fluctuated and fell. It fell to 3344 in the European session and then rebounded. It rose strongly to 3384 in the US session and fluctuated above 3370 in the late trading. The daily line of gold...

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Gold continued its strong performance on Monday in the early trading yesterday and reached a high of around 3391 before starting to fall all the way. It was weak and downward in the European trading. The US trading quickly fell back to around 3335 and then rose again. However, it touched the 3372 line again in the morning and continued to fall, forming a large...

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Event summary: On Wednesday in the Asian market, spot gold fluctuated slightly and is currently trading around $3,370/ounce. There are two reasons for the strong rise in the Asian market: 1. Ukraine directly blew up 41 Russian fighter jets; 2. The tariff storm re-emerged, and Trump is expected to impose a 50% tariff on steel and aluminum. The tense international...