TheodoreGwc

TheodoreGwc

💡Message Strategy Gold remained under pressure today, hovering around the $3,300 mark, mainly affected by the mild rebound of the U.S. dollar. As gold prices are highly sensitive to the U.S. dollar, a stronger dollar usually suppresses demand for gold. However, gold still remains above this week's low, indicating that there is still a lot of room for further...

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💡Message Strategy The Organization of the Petroleum Exporting Countries and its allies (OPEC+) met at their headquarters in Vienna on Wednesday to assess the current oil market situation. WTI crude oil prices climbed above $62 as OPEC+ said there would be no immediate change to current production policies. 📊Technical aspects From the daily chart level,...

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💡Message Strategy The U.S. International Trade Court ruled that Trump's tariffs exceeded his authority. Once the ruling was made, market risk appetite quickly rebounded, driving global risk assets up and safe-haven assets such as gold came under selling pressure. The price of gold fell to $3,245 during the Asian trading session, hitting a 10-day low. In...

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💡Message Strategy The minutes of the Federal Reserve meeting showed that the risk of rising unemployment and inflation has increased, and the interest rate cut is expected to cool down again. In addition, Trump claimed that the US-Iran nuclear agreement may be reached "in the next few weeks" and warned Israel not to attack Iran for the time being. Hamas...

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📊Technical aspects Due to concerns that global supply growth may exceed demand growth, WTI prices fell slightly and rebounded slightly after hitting the 60 mark. From the daily chart level, the medium-term trend moving average system suppresses the rebound of oil prices, and the medium-term objective trend direction is downward. After the oil price hit...

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💡Message Strategy Gold prices fell into a weak consolidation pattern as the U.S. dollar continued to rebound and market risk appetite increased, suppressing safe-haven demand. Although it rebounded slightly, it failed to stand firm at $3,300, indicating that the upper resistance is still strong. From a fundamental perspective, the recently released US...

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💡Message Strategy The dollar rebounded strongly, and gold fell under pressure The primary driver of the gold price decline this time was the sudden strength of the dollar. After a brief correction, the US dollar index rebounded strongly, reaching a high of 99.40, with a daily increase of 0.4%, which is expected to be the best performance in the past two...

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💡Message Strategy US President Trump announced that the deadline for EU trade negotiations will be extended to July 9, and at the same time withdrew the threat of a 50% tariff on EU goods originally scheduled for June 1. This decision marks a phased easing of US-EU trade tensions, leading to a significant cooling of market risk aversion. The statement of...

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📊Technical aspects 1. The double-line position of the hourly chart is now in the 3290-3310 area. After the price fell below the double line, it used the lower track of the double line (purple trend line) as suppression and continued to fall and break the low Then after breaking through the double line, it turned into support, especially after breaking...

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💡Message Strategy On Monday, the price repeatedly swept around the 3255-3200 range, repeatedly tested the pressure of 3250, confirmed the resistance and fell under pressure, confirmed the resistance and fell under pressure again, and repeated again and again Today, the price also repeatedly confirmed the resistance and fell under pressure. This time the...

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📊Technical aspects Friends, when everyone is bullish, it is precisely the time for us to go short. There is pressure at the 3350 line, and we should go short when it is high. In the previous viewpoint this morning, the four-way downward channel trend showed a downward trend of gold. The viewpoint is that gold cannot blindly chase highs. The decline makes...

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📊Technical aspects Gold is still in the weekly adjustment pattern. The current rise is still running within a large range of fluctuations. It has not gone out of a clear unilateral market, nor does it have the conditions to go out of a unilateral market. In this oscillating situation, long and short positions switch back and forth. Next, focus on the...

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💡Message Strategy In terms of the US dollar index: In the past week, Moody's downgrade of the US sovereign credit rating and Trump's trillion-dollar "Big Beautiful Bill" have once again set off a wave of selling US dollar assets. The US dollar has fallen to a three-week low, and this week it recorded its largest weekly drop since the announcement of the...

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💡Message Strategy The price of gold rose first and then fell during the day. The market entered the stage of rebound and shock in the US market. At the same time, the fundamentals of the US House of Representatives narrowly passed the Trump tax cut bill, and the debt problem caused concerns. On May 22, 2025, the US House of Representatives passed Trump's tax...

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📊Technical aspects Gold's 1-hour moving average begins to flatten and turn, so gold may start to fluctuate. In fact, after the last breakout of the box-shaped oscillation, gold may start to build a new box-shaped oscillation, and it is still at a high level of oscillation, so you can continue to short at high levels. In addition, gold has already formed a...

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💡Message Strategy From a fundamental perspective, waning optimism about a possible ceasefire in the Russia-Ukraine conflict, continued U.S.-China trade tensions, and concerns about the U.S. fiscal situation remain the core factors dominating the market this week. These pressures have kept the U.S. dollar weak, thereby supporting the rise in gold prices. ...

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💡Message Strategy Economic data to watch 12:00, Lane, an official from the European Central Bank (ECB), will speak 12:00, Barkin, an official from the Federal Reserve (Fed), will speak 📊Technical aspects Upward resistance: Short-term resistance is close to $3,320, which is the 61.8% Fibonacci retracement level of the downward trend from the high of...

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💡Message Strategy Gold prices continued to climb, breaking through the $3,300 mark in the Asian session, continuing the upward trend of the past three weeks. The recent deterioration of the US fiscal situation has caused market concerns, and Moody's downgrade of the US sovereign credit rating last week became the fuse. At the same time, the market's bets...