"Gold Market Bulls Take the Lead for Now" 17/7 09:47 am Finalized
Yesterday, the gold price's reaction to the US June PPI data was not
as strong as its response to the CPI. The year-on-year increase
"Gold Prices: Beware of a Dip Before a Rebound" 10:05 am, July 16th,
Completed
Yesterday, the US released its June overall CPI, which rose by 2.7%
year-on-year after seasonal adjustment, higher than
"Gold Price at $3,321 Must Not Be Lost" 10:02 am, July 15, 2023
Completed
Yesterday, Trump told NATO Secretary General Mark Rutte that if Russia
fails to end the Russia-Ukraine conflict within 50 da
Gold prices are expected to rise further. 14/7 10:10 am Completed.
Gold prices reversed their recent decline last Friday, reaching as
high as $3,369, far exceeding my expected resistance level of $3
Gold prices are expected to challenge the $3,350 mark in the short
term. 11/7 10:08 am Completed.
The United States' trade negotiations with various countries are still
ongoing. The United States has
"Gold Price Maintains Repeatedly Falling Pattern" 10/7 10:15 am
Completed
Yesterday, Trump sent tariff letters to six countries including the
Philippines, Moldova, Brunei, Algeria, Libya and Iraq, w
"Gold Price Short-Term Trend Shows a Descending Channel Pattern" 9/7
9:37 am Completed
US President Trump announced that the final implementation date for
reciprocal tariffs would be set on August 1
"Gold Price Maintains Sideways Pattern Awaiting Breakout" 8/7 10:12 am
Finalized
Last night, US President Trump announced that starting from August
1st, the United States would impose a 25% reciproc
"Gold prices are expected to remain range-bound in the short term" 7/7
9:50 am Finalized
The U.S. June non-farm payroll report was better than expected, which
cooled market expectations for the Fede
"Gold Price Short-Term Trend Sideways Weak" 4/7 10:32 am Completed
The U.S. June non-farm payroll report was released. The overall number
of jobs increased by 147,000, but the number of new governme
"Gold Prices May Soon Enter a Correction Phase - Be Cautious" 3/7
11:00 am Completed
The June private-sector employment change data released by the US
private institution ADP yesterday is believed t
"Gold Price Short-Term Trend Expected to Fall First Then Rise" 2/7
10:00 am Completed
Gold prices staged a so-called retaliatory rebound on the first
trading day of the second half of the year. Spot
"Gold Price: Be Cautious in Short-Term Bets for a Short-Term Rebound"
30/6 9:18 am Completed
Gold prices plunged to a near one-month low last Friday as investors
shifted to high-risk assets amid eas
"Gold Price Falls Below 50-Day Moving Average, Trend Remains Weak"
27/6 10:19 am Finalized
Yesterday, the US Department of Commerce released the final value of
the first-quarter GDP. After annualiza
"Gold Price Rises Slowly, Beware of Descending Flag Pattern" 26/6 9:52
am Completed
Federal Reserve Chair Powell attended the second day of the House
Financial Services Committee hearing. Regarding
Last week, under the conflict between Israel and Iran, the gold price
still faced pressure at the high level and failed to break through the
new high. On Monday, gold prices opened higher. After Israe
Last week, the gold price rose steadily. Israel launched an air strike
on Iran, and Iran threatened to retaliate, saying that the world would
see why Iran needed to develop nuclear weapons technology.
Last week, the four major precious metals - gold, silver, palladium
and platinum - took turns to exert their strength. Under the global
de-dollarization policy, the precious metals market has soared.
At the beginning of the week, it was Memorial Day in the United
States. Market trading was relatively quiet, but news about tariffs
still kept coming. The Trump administration highly announced the
imp
If we look at the weekly chart, gold has reached a new high and closed
above 3,350 for the first time. Benefiting from the weakness of the US
dollar and the fact that gold prices have fluctuated for f