To The Moon

$Gold - main 2606(GCmain)$Gold prices were under pressure last week, falling 0.69% to close at $4,506.82 per ounce on Friday (May 22), as the market was weighed down by inflation concerns stemming from high oil prices. However, on Monday (May 25) in early Asian trading, gold prices suddenly opened higher and surged, rising as much as 1.59% to around $4,578 per ounce, demonstrating strong rebound momentum. Behind this dramatic turn of events is the dual driving force of a rapid easing of geopolitical tensions in the Middle East and a weakening US dollar. Subtle changes in policy signals within the Federal Reserve have also added more uncertainty and room for imagination to the gold price movement. 😍 Been eyeing Tiger merch but s

$Gold - main 2606(GCmain)$Gold prices rebounded sharply from their intraday lows on Thursday (May 21), primarily driven by a plunge in oil prices triggered by news related to the US-Iran agreement. Additionally, a pullback in the US dollar and a decline in US Treasury yields also contributed to the gold price rebound. Gold prices recovered in the middle of Thursday's North American trading session after Al Arabiya reported that Pakistani mediators had reached an agreement on a final draft of the US-Iran deal, scheduled for release within hours. During Thursday's New York session, gold prices rebounded sharply from their intraday low of $4488.21, briefly approaching $4560 per ounce. At the close of trading on Thursday, gold was

Hello everyone! Today i want to share some macro analysis with you! 1 The yield on the 30-year US Treasury bond continued to rise, reaching 3.181%, a new high since 2007. Gold continued its sharp decline, falling $100 intraday and breaking below $4470! It's about to test $4400! Continue to hold sell orders! $Gold - main 2606(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Gold continues its downward trend, a trend I've been consistently emphasizing! It has successfully broken below the 4510 support level and will next test 4500! It's about to break that level! Continue to maintain your sell orders. 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We’ve s

$Gold - main 2606(GCmain)$$XAU/USD(XAUUSD.FOREX)$ The market action was a rollercoaster ride, catching many investors by surprise! On the H1 chart, gold formed a typical “second dip” followed by a failed “W-bottom” (double bottom) pattern, resulting in a pullback within a trading range. This pattern has not yet confirmed a reversal; instead, it has evolved into a pullback from resistance within a low-range trading band (4510–4585). As short-term bullish momentum has faded and bears have regained the upper hand, prices are now seeking support near the cluster of moving averages or the secondary support level around $4,510. In the upcoming New York session, the pr

Hello everyone! Today i want to share some macro analysis with you! 1 Technical Analysis: Gold's short-term bearish momentum has strengthened. The MACD indicator has entered below the zero line, indicating a bearish short-term market sentiment, while the RSI indicator continues to decline, suggesting weakening bullish buying pressure. Gold has successfully broken below 4500 and is currently undergoing a technical rebound. The key resistance level for the day is at $4565-70. Further declines are expected today, so a sell-only strategy is recommended.$Gold - main 2606(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Strategy: Sell: $4554-58 TP: $4515-4510 SL: $4570 (Adjust accordi

$Gold - main 2606(GCmain)$$XAU/USD(XAUUSD.FOREX)$Gold prices fluctuated and fell slightly for the second consecutive trading day, closing down about 0.56% at $4,688.71 per ounce on Wednesday (May 13). The US producer price index (PPI) rose by the largest amount since early 2022 in April, coupled with escalating consumer inflation, essentially shattering market expectations for a Federal Reserve rate cut this year and even starting to price in a possible rate hike next year. India raised its gold import tariff from 6% to 15%, further dampening demand. A stronger dollar, rising US Treasury yields, and the stock market's ability to attract funds all contributed to

$Gold - main 2606(GCmain)$$XAU/USD(XAUUSD.FOREX)$The gold market experienced significant volatility on Tuesday (May 12). Spot gold initially surged to a three-week high of $4773.37 in early trading, before weakening and hitting a low of around $4638.40 after the release of strong US CPI data, ultimately closing at $4715.07, down approximately 0.4%. US gold futures fell 0.9% to $4686.70. While this appears to be a short-term correction, it actually reflects the combined pressures of soaring oil prices, persistent inflation, and interest rate expectations, which are reshaping the investment logic for gold. On Wednesday (May 13), spot gold traded in a narrow range

Gold prices reversed course and rose on Monday (May 11), ultimately closing higher as investors closely watched developments in US-Iran diplomacy and awaited key US inflation data later this week. Spot gold closed at $4734.73 on Monday, up 0.41% on the day, after earlier plunging more than 1%. What happened to gold prices?$Gold - main 2606(GCmain)$ During Asian trading on Monday, spot gold prices initially fell to a low of $4647.88 per ounce due to rising oil prices following weekend news of renewed tensions between the US and Iran. However, gold prices subsequently rebounded during European and American trading sessions, briefly approaching $4750 per ounce. US President Trump's latest statement that the ceasefire agreement wit

Hello everyone! Today i want to share some macro analysis with you! Technical Analysis:$Gold - main 2606(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Gold prices may consolidate further, trapped between key technical resistance and support levels. The Relative Strength Index (RSI) indicates that momentum remains flat. Although the RSI is trending bullish, it is currently in a sideways consolidation phase. On the upside, gold prices broke through the 50-day Simple Moving Average (SMA) at $4769 in early Asian trading, reaching a high near $4773.4! The next target is expected to be the psychological resistance level of $4800! On the downside, the first support level for gold is

Gold prices fell sharply in early Asian trading on Monday (May 11), as Bloomberg reported that the decline was triggered by US President Donald Trump's rejection of Iran's latest peace proposal to end the 10-week-long conflict that has blocked the Strait of Hormuz. Bloomberg stated that Trump's move exacerbated inflation concerns as the weekend clashes in the Middle East threatened an already fragile ceasefire. Spot gold was trading near $4,670 per ounce, having risen about 2% last week. The peace process suffered another setback after Trump called Iran's latest response to his proposal to end the conflict "completely unacceptable." This setback could keep inflation risks high and strengthen market expectations for interest rate hikes, thus putting pressure on non-yielding gold. Gold price