Jun-GoldAnalyst

Jun-GoldAnalyst Updated  Apr 1

Precious metals benefited significantly from a sudden surge in risk aversion this week. U.S. President Donald Trump confirmed that reciprocal tariffs would be imposed on all countries on Tuesday, after hopes for a possible last-minute easing were dashed. Market tensions have risen significantly as the deadline approaches. Meanwhile, major banks remain bullish on...

Jun-GoldAnalyst Updated  Mar 27

Gold has slightly risen and fallen back during the day, and the overall trend remains in a volatile trend. Gold is currently maintaining a narrow range of fluctuations on the daily trend, but the short-term moving average has begun to gradually diverge downward, and there are signs of weakening in the short term on the daily line. The 4-hour level trend is...

Jun-GoldAnalyst Updated  Mar 25

Yesterday, gold hit a high of 3033 before falling back. After the rebound, the downward trend continued. The daily line continued to fall, the RSI indicator turned downward, and the price fell to the current MA10 daily moving average. The price of the four-hour chart and the hourly chart runs along the middle and lower tracks of the Bollinger Bands. The...

Jun-GoldAnalyst Updated  Mar 21

Judging from the current market situation, short-term bulls continue to take the initiative, which will undoubtedly increase the probability of gold prices hitting the 3070-3080 area, but we also need to be prepared for high-level bulls to leave the market and make profits, and be prepared for the trend to change. Today, Friday, since the market is still in the...

Jun-GoldAnalyst Updated  Mar 20

Technically, the daily gold line continues to maintain its strength, setting a new record high. The daily chart maintains a bullish trend structure, and the price continues to run in the trend. At present, the MA10/7-day moving average continues to open and move up to 2977/3007, and the price runs along the upper track of the Bollinger Band. The RSI indicator...

Jun-GoldAnalyst Updated  Mar 19

Gold continued to rise yesterday, up more than 1%. This is the power of the trend. Don't guess whether it has reached the top. This is not in line with market logic, because there is no turning signal. The risk of guessing that it has reached the top is relatively high. Of course, the market is always relative. It is impossible to keep rising. It is necessary to...

Jun-GoldAnalyst Updated  Mar 17

This week, the market focus is on the Fed's interest rate decision and the tension in Yemen in the Middle East. Gold prices rose to a new record high as the uncertainty of tariffs and bets on the Fed's loosening of monetary policy keep gold prices attractive. Central bank gold purchases and trade uncertainty are the main driving forces behind the rise in gold...

Jun-GoldAnalyst Mar 14

On Thursday, gold in the US market rushed upward. The price broke through the high point of 2956 and accelerated to rise. The current highest point is 2990. This position is 100% of the previous round of rise and expansion. It belongs to the resistance area. Pay attention to whether it can suppress the bulls. The amplitude after breaking the high is larger than...

Jun-GoldAnalyst Updated  Mar 12

Technically, gold closed higher on the daily line, and the New York closing price once again stood above the 2900 mark of the MA10 daily moving average. The current price is adjusted above the MA7/5 daily moving average at 2908/10, the RSI indicator is above the middle axis, the Bollinger Band daily chart is flat, and the price is adjusted at the middle track...

Jun-GoldAnalyst Mar 7

Gold has maintained a volatile pattern in the past two days, and the long-short game is also quite fierce. The current rise and fall of gold have not continued. It did not continue after piercing 2928 on Wednesday, and it did not continue after piercing 2894 on Thursday. The hourly and four-hour cycles are very obvious, both are horizontal structures, and the...

Jun-GoldAnalyst Updated  Mar 6

Yesterday, gold prices rose first and then fell under the poor US ADP data. After falling below the 2900 mark and reaching a low of 2894, it stopped falling and quickly rose. It reached a high of 2929 and then fell back to around 2915, with long and short positions sweeping back and forth. It is worth noting that the sharp decline of the US dollar index and the...