winner-2004

winner-2004 Updated 

Due to the sudden intensification of the conflict between Iran and Israel on Friday, gold quickly rose to around 2417. After the market's risk aversion sentiment cooled down, the price quickly fell back to the resistance level of 2372, and then rebounded to around 2400, but did not effectively break through 2400. At present, the market is still in a volatile...

winner-2004 Updated 

(April 19) Gold rose nearly 40 US dollars at the opening, refreshing its recent high of 2,417 US dollars, mainly due to the sound of explosions in Iran and other countries. A U.S. official later confirmed to the media that an Israeli missile hit a target in Iran. This quickly heated up market concerns about the geopolitical situation, providing upward momentum for...

winner-2004 Updated 

From the daily chart of gold, a K-line combination similar to the "evening star" appeared near the historical high, suggesting that the gold price has initially peaked, and we need to beware of the possibility of a decline or a deep correction in the market outlook. Since gold showed an uptrend pattern, we have experienced multiple corrections. Most adjustments...

winner-2004 Updated 

On Wednesday, non-farm payrolls and inflation exceeded expectations in March, which led to a decrease in the probability of the Fed cutting interest rates in the short term, but it also paved the way for the resumption of subsequent interest rate cuts. Based on the fundamental situation, the United States does not need to cut interest rates too much this round,...

winner-2004 Updated 

On Wednesday, non-farm payrolls and inflation exceeded expectations in March, which led to a decrease in the probability of the Fed cutting interest rates in the short term, but it also paved the way for the resumption of subsequent interest rate cuts. Based on the fundamental situation, the United States does not need to cut interest rates too much this round,...

winner-2004 Updated 

The March retail sales data released by the United States overnight on Tuesday exceeded expectations. The U.S. dollar and U.S. Treasuries continued to climb, and for a time precious metals plunged. However, risk aversion then dominated the market and gold and silver returned to their gains. Because the Israeli military said it would respond to Iran's attack....

winner-2004 Updated 

Gold Trend Analysis: Gold prices have been trending upward since late March, and prices continue to attract buying around these levels. While the uptrend in the RSI has been broken, showing a weakening upward momentum, it is difficult to be too bearish on gold prices at the moment until we see prices finally break out of the uptrend. If the price remains above the...

winner-2004

Gold went through a roller coaster trend on Friday. After the price broke through the 2400 integer mark, it did not pull back. Instead, it quickly rose to 2431, and then turned around and fell straight down to around 2334. Most people were caught off guard by this drop. The sudden plunge of nearly $100 is unexplainable from both technical and fundamental...

winner-2004 Updated 

Currently, central banks around the world are increasing their holdings of gold reserves, and market sentiment has reacted strongly to bullish factors. Even in the face of sharply negative non-agricultural data, CPI data, and hawkish statements from Federal Reserve officials, gold prices have remained strong. This shows that market sentiment has become indifferent...

winner-2004 Updated 

This week, gold turned negative after experiencing three consecutive positives, leaving a long lower shadow. Although there have been many negative factors this week, such as last week's non-agricultural data, gold prices can end up bottoming out and rising every time, and this time is no exception. After stabilizing at 2320, the price of gold bottomed out again...

winner-2004 Updated 

Geopolitical risks are one of the important factors behind the recent rise in gold prices. The progress of ceasefire negotiations in Gaza, Iran's threat to the Strait of Hormuz, and the Russia-Ukraine conflict have all triggered risk aversion in the market and promoted the rise in gold prices. Investors need to continue to pay attention to developments in the...

winner-2004 Updated 

The bullish trend of gold is obvious. In the current global environment, the factors driving the rise of gold prices have gone beyond a single decision to increase or decrease interest rates on the US dollar. The global political situation is turbulent, the economy continues to slump, and the conflict between Russia and Ukraine has fallen into a long-term tug of...

winner-2004 Updated 

On April 8, although U.S. economic data continued to suppress interest rate cut expectations last week, there were no other significant catalysts in the news except for changes in Israel-U.S. relations and an increase in risk aversion caused by Israel's air strikes on the Iranian consulate. However, gold still hit new highs repeatedly. Although the...

winner-2004 Updated 

Yesterday, the price of gold hit a new high again after falling back, but it was only about $1 higher than the previous high, and then turned around and fell. Today's lowest point reached around $2,267, and it is currently in the rebound and upward stage. The current resistance level of 2265-2270 US dollars has not yet been breached. The main focus is on whether...

winner-2004 Updated 

On April 4, gold was correcting its recent extreme overbought conditions. The 4-hour chart showed that technical indicators fell sharply, almost vertically downward, but still well above the midline. The highs and retracements have not changed gold's original bullish technical barriers. The large structure does not require too much analysis at present, and it is a...

winner-2004 Updated 

On April 3, gold surged to hit 2300? The factors why such a surge mainly stems from three aspects: First, the market expects the Federal Reserve to cut interest rates. We have repeatedly emphasized in the past that it is only a matter of time before the Federal Reserve cuts interest rates. This is also the main driving force for the market to continue to be...

winner-2004 Updated 

In terms of news, the Federal Reserve kept interest rates unchanged in March, but Federal Reserve Chairman Powell reiterated that it is expected to cut interest rates three times this year. This shows that the recent overheating inflation has not changed the Fed's plan. The market's expectations for the Federal Reserve to cut interest rates have increased. Gold...

winner-2004 Updated 

On April 1, gold rose sharply last week, ending March with the highest monthly closing price in history. There are many events this week. In addition to the economic data such as the U.S. non-farm report and global PMI, most officials from the Federal Reserve have given speeches. Their attitude towards the Fed's interest rate cut will directly affect the rise and...