Gold opened at 3310 today, and reached 3321 before falling back.

6月9日

Gold opened at 3310 today, and reached 3321 before falling back. This is consistent with our weekend analysis of rebounding at 3320-25 and shorting. Today, we continue to focus on the short-term suppression of 3320-25, and focus on the important suppression position of 3338-45. Gold closed upside down last week. From a technical point of view, it is still mainly rebounding and shorting.

Gold daily level includes a positive inverted hammer line with a long upper shadow line. The oscillator index has gradually weakened in the oversold area, and the probability of continued pressure on the upper side is high. In the short-term trend, the oscillating upward trend of gold stopped at around 3403 US dollars. It is obvious that the bullish trend ended after breaking below 3330. The strength and weakness line below is at 3280, and the resistance level is at 3336 US dollars. It will continue after the breakthrough.

On the whole, the short-term operation strategy for gold today is recommended to sell at rebound highs as the main strategy, and buy on pullbacks as the auxiliary strategy. The short-term focus on the upper side is the 3320-3325 line of resistance, and the short-term focus on the lower side is the 3280-3275 line of support. Gold strategy:

Buy range: 3280-3275, SL: 3265, TP: 3300-3310

Sell range: 3320-3325, SL: 3335, TP: 3300-3290

Key points:

First support: 3280, second support: 3275, third support: 3265

First resistance: 3320, second resistance: 3325, third resistance: 3335

6月9日

註釋

Sellers are taking profits, the market is the same as I analyzed. The upper resistance is 3325-3330, welcome to check my work

6月9日

註釋

On Monday (June 9) in the European session, spot gold fell and then rebounded. Affected by the unexpected non-farm payrolls data in May, the US dollar rebounded, which suppressed the upside of gold prices denominated in US dollars. Looking ahead, further optimism about the US-China trade outlook may push gold prices down again. However, considering the political and civil concerns in the United States, the downside of gold prices may still be limited, and the geopolitical escalation between Russia and Ukraine may also continue to support the price of gold, a traditional safe-haven asset. From the weekly chart of gold, due to the sharp decline in the closing stage of the weekly line last Friday, a long upper shadow cross line was formed on the K-line, which is theoretically a signal of the dominance of the short side, but considering that it is still above MA5, it may not necessarily open up the space below. The opening of the daily Bollinger Band narrowed, and the long and short forces were stalemate; the MACD fast and slow lines approached the golden cross above the zero axis, the red kinetic energy column began to appear, and the long forces slowly gathered; the RSI indicator was near 55, indicating that the long and short game was fierce. The short-term key support position is around 3308, and if it breaks, it will look down to 3285-3271; the important pressure position is around 3333; if it breaks, it will look up to around 3347-3372! Comprehensive analysis: I personally recommend buying on pullbacks and selling on rebounds! GOLD watershed: $3315