Hello everyone! Today i want to share some macro analysis wtih you! 1. Upside Support (Geopolitical Safe-Haven Demand): As expected, renewed tensions in the Middle East (U.S. airstrikes against Iran triggering some retaliatory measures) continue to drive safe-haven buying in gold, firmly keeping the price above the $4,100/oz. psychological level. 2. Downward Pressure (Fed Rate Hike Repricing): However, the latest Fed meeting minutes reveal that policymakers are deeply concerned about high inflation. According to the CME Federal Funds Rate, the market’s probability of a rate hike in September has rebounded to around 63%. This has led to a short-term strengthening of the U.S. dollar, significantly capping gold’s upside potential; HSBC has also recently lowered its 2026 average gold price for
Gold: Waiting for the Federal Reserve’s June Policy Meeting
Hello everyone! Today i want to share some macro analysis with you! 1 Key News-Driven Factors (Mixed Bullish and Bearish Sentiment, with Bears Slightly in the Lead) : $Gold - main 2608(GCmain)$ 1. Bearish: The Fed’s monetary policy remains generally hawkish. Situation: Fed officials (such as Kevin Warsh) have previously raised their inflation and interest rate forecasts for 2026. Currently, according to the CME FedWatch Tool, while it is highly likely that rates will remain unchanged in July, the market is still pricing in the expectation of another rate hike in the future (e.g., in September). High real interest rates resulting from a high-interest-rate environment, coupled with a strong U.S. Dollar Index, are currently the pr
Impact of Core Fundamentals (News): $Gold - main 2608(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Bullish Factors: Weak labor market data has reduced the opportunity cost of holding gold, while continued gold purchases by global central banks as part of their reserve diversification efforts provide long-term strategic support for gold prices. Weakening Short-Term Catalysts: Geopolitical tensions in the Middle East (such as shipping in the Strait of Hormuz and the Doha negotiations) have recently shown some marginal easing or a resumption of shipping, causing the geopolitical premium previously factored into prices to diminish somewhat. Intraday Focus: As market liquidity wa
GOLD: Signs of a Bullish Breakout in Gold are Becoming Increasingly Clear
Technical Chart Patterns:$Gold - main 2608(GCmain)$$XAU/USD(XAUUSD.FOREX)$ Signs of a bullish breakout in gold are becoming increasingly clear. The candlestick chart shows a distinct V-shaped reversal combined with a stair-step rally accompanied by increasing volume! Following a surge triggered by positive economic data, the gold price instantly rose above the key psychological level of $4,100 and is currently testing the $4,200 level. Indicator Status: On the H1 timeframe, the Bollinger Bands are widening dramatically in an upward trend. The candlesticks are trading right along the upper band. The MACD is rapidly diverging above the zero line, with the red mome
The Federal Reserve has Recently sent Hawkish Signals
$Gold - main 2608(GCmain)$Fed Policy Pressure (Bearish): The Federal Reserve has recently sent hawkish signals suggesting it may further tighten monetary policy this year. Fed Chairman Kevin Warsh reiterated the central bank’s determination to bring inflation down to the 2% target, which pushed up real U.S. Treasury yields and the U.S. Dollar Index (DXY, which held steady above 101), causing gold—a non-interest-bearing asset—to suffer a sharp decline throughout June. Easing Geopolitical Tensions (Bearish): The U.S. and Iran reached a preliminary ceasefire agreement and are moving forward with the Doha talks. The “safe-haven premium” driven by the Middle East geopolitical crisis has recently faded significantly, weakening safe-h
$Gold - main 2608(GCmain)$$XAU/USD(XAUUSD.FOREX)$Today is the last trading day of June, and also the closing day of the monthly chart! The gold market typically experiences significant volatility on such dates, so risk management is crucial! Gold has once again fallen below $4,000, and the downward trend is expected to continue throughout the day, with the next important level at $3,950!
GOLD: Focus on Selling on Rallies as Prices Approach Resistance Levels
Technical Analysis: $Gold - main 2608(GCmain)$ After a sharp decline, gold is currently trading within a high-range consolidation pattern following a rebound. The price found support at the previous low (around $3,968) and staged a corrective rally, but is now facing significant resistance at the $4,098–$4,100 range! The trading recommendation is to focus on selling on rallies as prices approach resistance levels! Strategy: XAUUSD Sell: 4082–4086 TP: 4060 SL: 4101 This week, the market will see a flurry of U.S. June labor market data releases (including Nonfarm Payrolls (NFP) and JOLTS job openings). If the nonfarm payrolls data comes in strong, it will reinforce expectations of a Fed rate hike and weigh on gold; the price may
For intraday trading, maintain a Buy-focused strategy!
Technical Analysis: $S&P 500(.SPX)$ Looking at the H1 (1-hour) chart for gold, the price has undergone a clear downtrend and, following a recent rebound from lows, is currently in a consolidation phase. V-shaped Reversal and Bottom Formation: The price has formed a local “double bottom” or a variant of a “head-and-shoulders bottom” near the 4036 level. This was followed by a strong rally with consecutive bullish candles and increased volume, directly breaking through the previous downward resistance. Bullish Scenario (High Probability, 60%): If support at 4176-4150 holds, the price will continue to rebound and test 4220-4250. A break above 4250 could target 4300. V-shaped rebound momentum remains intact, and trading volume has
GOLD: The Market has Now Entered a Consolidation Phase
1 The current overall trend for gold (XAU/USD) is weak and bearish, with short-term structural consolidation at lower levels. Strong non-farm payroll data last Friday (June 5th) caused a sharp drop in gold prices, while earlier this week, potential ceasefires in the Israeli-Palestinian and Iranian-Israeli geopolitical situations eased safe-haven demand, suppressing any rebound in gold prices. Currently, after falling to a two-month low near $4,268, it has stabilized and is temporarily trading sideways around $4,330. $XAU/USD(XAUUSD.FOREX)$ 2 Technical Analysis: Following a sharp one-sided plunge, gold has been consolidating within a range after breaking directly through the previous rectangular consolidation zone (the 4450–
Hello everyone! Today i want to share some trading ideas with you! 1 Gold started to fall around 4353.5, and the sell signal I gave over the weekend was effective! (On rebound to 4348–52, TP: 4310, SL: 4365.) It's currently in a continued downtrend! The lowest point reached was around 4311, with a maximum profit of 400 points! Did you enter the sell order? $Gold - main 2608(GCmain)$ 2 Gold has reached $4,300 for the first time since March 23! We successfully hit the $4,310 target! Maximum profit of 420 pips! If it breaks below $4,300 during the Asian session, the bearish trend will continue! After a rebound, continue to focus on sell positions!