ActuaryJ

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Gold technical analysis Daily resistance is 2370, support below is 2337-2300 Four-hour resistance is 2365-70, support below is 2344-37 Gold operation advice: The technical side of gold rose first and then fell on Tuesday. The price in Asia and Europe stabilized at 2338 and ushered in a bullish shock and broke through the high. It further accelerated to break...

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Gold market analysis: Daily resistance is 2366, support below is 2300-2280 Four hours 2344-37, support below 2300 Gold operation advice: Judging from the current trend, the lower support today will focus on 2320. After falling below, look towards the 2300 area. The upper pressure is 2350 and the 2358-60 area. Continue to rely on this range for sales during the...

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Gold was helped by central bank buying and geopolitical tensions, with strong economic data failing to dampen the metal's appeal. In recent times, the price trend of gold has attracted much attention, and today the price of gold hit a new high again. Gold has had a meteoric rise over the past two weeks or so. Still, a generally positive tone for equities...

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Daily resistance is 2354, support below is 2300-2276 Four-hour resistance 2342-54, support below 2300-2276 Gold operation advice: From the perspective of the general cycle trend of gold, the gold weekly maintains an upward trend, with high points being refreshed again and again, with the target targeting 2400. Although there is hope that it will continue to break...

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Daily resistance is 85.5-88, support below is 82.6 Four-hour resistance is 85.5-86.5, support below is 84.2-83.5 Crude oil operation advice: Yesterday, crude oil also reached a new high, and the price also began to fall around 85.5. The overall trend above is in line with expectations. From the daily level analysis, the current big support below is around 82.6,...

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A weaker U.S. dollar and geopolitical tensions provided support to gold prices. According to the latest news, three Iranian soldiers were killed in terrorist attacks on two military headquarters in southeastern Iran. Federal Reserve Chairman Powell reiterated the path of interest rate cuts this year. The US dollar was sold off. International gold reversed...

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Gold continued its gains on Wednesday and then began to fall after reaching 2288. Traders snapped up safe-haven assets amid rising tensions in the Middle East. Largely ignored, a stronger U.S. dollar and bets on U.S. interest rate cuts have sent gold prices to another record high. Data released on Monday showed that U.S. manufacturing activity expanded in...

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The price of gold fell back on Monday. Earlier, as the market's expectations for the Federal Reserve's interest rate cut in June increased after the PCE data last Friday, gold once refreshed its all-time high to 2265, but then the price of gold gave back part of the gains. On the one hand, bulls took profits. On the other hand, the U.S. ISM only returned above the...

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Crude Oil Technical Analysis Daily resistance is 82-83, support below is 80.45 Four-hour resistance is 82.5, support below is 80.5 ✅Crude oil operation suggestions: Crude oil prices edged higher as a weaker dollar and renewed geopolitical tensions in the Middle East and Eastern Europe heightened concerns about supply disruptions. Recent Ukrainian attacks on...

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Gold suddenly fell rapidly in the short term on Thursday, with the London gold price just falling below $2,190. Governor Waller, who has been the recent benchmark for Fed policy, said late Wednesday local time that he believed there should be no rush to cut interest rates after inflation data strengthened in the first two months of this year. Stimulated by...

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Gold technical analysis The resistance above the daily level is 2250 and the support below is 2145. The resistance above the four-hour level is 2208 and the support below is 2177-50. Gold operation suggestions: The gold European market surged higher and reached the 2200 mark and fell back under pressure. From the 4H chart, wave A has completed to 2157, and now it...

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Crude oil technical aspects Daily resistance is 82-83, support below is 80.2 Four-hour resistance is 81.5, support below is 80.2 Crude oil operation suggestions: Crude oil prices are facing certain selling pressure. From the daily chart level, oil prices have fallen back and adjusted after reaching a new high of 83. The strength of its pullback is limited. Pay...

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Gold was trading around 2166 on Monday; affected by a series of factors, gold prices experienced extremely rare fluctuations last week, with a single-week fluctuation of nearly $77. Last Friday, due to the optimistic economic outlook of the United States, DXY strengthened, and DXY refreshed its monthly high of 104.41. Precious metals faced a sharp sell-off, and...

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Gold continued to fall sharply on Friday, currently at $2,166. Gold prices fell back on Thursday. After Federal Reserve Chairman Powell hinted on Wednesday that he would cut interest rates three times in 2024, spot gold gained additional momentum, once reaching a record high of $2,222. But gold prices gave up gains as the dollar index rebounded as the number of...

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Gold prices topped $2,200 for the first time in history as the Federal Reserve maintained expectations for three interest rate cuts this year, suggesting they were not concerned about a recent rise in inflation. It once hit a record high of $2,222.65, rising by more than $60 before the Fed's interest rate decision. Gold climbed more than 1% on Wednesday after the...

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Data last week showed that U.S. consumer prices rose more than expected in February, and producer prices also showed a certain degree of inflationary stickiness. Traders have reduced their bets on an interest rate cut in June. Gold prices fell more than 0.8% last week. Spot gold has already priced in the positive push from expectations of lower interest...

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Gold prices edged higher in quiet trading on Tuesday as investors braced for monetary policy decisions from major central banks. While the Bank of Japan (BoJ), Bank of England (BoE) and the Federal Reserve (Fed) will announce their decisions, the focus will be on the Fed. The Fed's hawkish bias could push gold prices higher as market participants anticipate less...

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Gold fluctuated within a narrow range on Wednesday and is currently trading around $2,154. Gold prices fell slightly on Tuesday, with spot gold closing down 0.13% at $2,157.40. The intraday low hit $2,147.03, as U.S. single-family housing starts rebounded sharply in February, hitting the highest level in nearly two years, and the dollar strengthened. Markets are...