https://www.tradingview.com/x/UtD0Yf2R/
💡Message Strategy
Gold is under the dual pressure of risk aversion cooling and dollar strengthening in the short term. As the high-level negotiations between Asian powers and the United States entered the second day in London, the market was optimistic about reaching an agreement in the field of export controls, which improved the overall risk sentiment and safe-haven assets such as gold were under obvious selling pressure.
At the same time, the US non-farm payrolls report last week far exceeded expectations, further suppressing expectations of a rapid rate cut this year, pushing up the US dollar index, and putting pressure on gold at the $3,340 mark.
Recently, the gold price has failed to effectively break through the 200-hour moving average, reflecting the lack of bullish momentum, and the short-term trend is likely to be consolidated or further adjusted.
📊Technical aspects
From a technical perspective, gold prices fell again after failing to test the 200-hour moving average and are currently fluctuating below $3,340. Hourly chart indicators (MACD, RSI) show that bearish momentum continues to increase. If the price falls below the previous trading day's low of $3,290, it will further open up space to fall back to the May 29 low of $3,245 or even $3,200.
The first support is in the 3340 area. After breaking through, it may accelerate the decline to test 3290; if this position is lost, it may re-test the 3200 integer mark.
💰 Strategy Package
Short Position：3340-3355,3355-3365
💡Message Strategy
Gold is under the dual pressure of risk aversion cooling and dollar strengthening in the short term. As the high-level negotiations between Asian powers and the United States entered the second day in London, the market was optimistic about reaching an agreement in the field of export controls, which improved the overall risk sentiment and safe-haven assets such as gold were under obvious selling pressure.
At the same time, the US non-farm payrolls report last week far exceeded expectations, further suppressing expectations of a rapid rate cut this year, pushing up the US dollar index, and putting pressure on gold at the $3,340 mark.
Recently, the gold price has failed to effectively break through the 200-hour moving average, reflecting the lack of bullish momentum, and the short-term trend is likely to be consolidated or further adjusted.
📊Technical aspects
From a technical perspective, gold prices fell again after failing to test the 200-hour moving average and are currently fluctuating below $3,340. Hourly chart indicators (MACD, RSI) show that bearish momentum continues to increase. If the price falls below the previous trading day's low of $3,290, it will further open up space to fall back to the May 29 low of $3,245 or even $3,200.
The first support is in the 3340 area. After breaking through, it may accelerate the decline to test 3290; if this position is lost, it may re-test the 3200 integer mark.
💰 Strategy Package
Short Position：3340-3355,3355-3365
Through scientific and rigorous financial analysis and personalized strategy formulation, we help you achieve stable growth of wealth. At the same time, in a complex and changing economic environment, we help you avoid potential risks and protect the saf
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Through scientific and rigorous financial analysis and personalized strategy formulation, we help you achieve stable growth of wealth. At the same time, in a complex and changing economic environment, we help you avoid potential risks and protect the saf
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。