✅Affected by Ukraine's weekend attack on several Russian military airports, market concerns about the geopolitical situation have intensified, but Russia and Ukraine will hold peace talks in Istanbul on Monday, and market sentiment is still biased towards wait-and-see. In addition, US President Trump announced that he would increase import tariffs on steel and aluminum from 25% to 50% from June 4, exacerbating international trade tensions.
✅In the medium and long term, the Fed's potential interest rate cut cycle, continued geopolitical risks, and concerns about the US fiscal situation will provide support for gold prices. However, if US economic data continues to be strong or the Fed turns to a hawkish stance, gold's upside may be limited.
✅The current gold price has broken through the previous strong resistance level of 3325, and the Bollinger Bands are opening upward, indicating strong bullish momentum. The short-term resistance has moved up to 3367. If it can further break through this level, it is expected to test the 3400 mark.
✅During the Asian session, the gold price rebounded strongly after stepping back to 3301, confirming that the 3300 integer mark support is effective, and 3300 has also become an important long-short watershed in the future market. After stabilizing above 3300, bullish momentum continued to be released, gold prices rose rapidly and hit a new high of 3358, successfully breaking through the previous high of 3330, further consolidating the bullish pattern.
✅At present, we need to focus on the 3325-3333 support level during the callback process. This position is an important resistance area in the early stage, and has now been transformed into a top-bottom conversion support. If the retracement does not break, we can consider buying long orders at lows in this area and participating in the bull market.
🔥Market trends are changing rapidly, and we will provide Group Members with accurate trading strategies based on real-time market dynamics. Short-term trading focuses on flexibility, requires timely adjustment of positions, and strict implementation of risk control, striving to ensure the safety of funds and stable transactions while responding to market fluctuations.
✅In the medium and long term, the Fed's potential interest rate cut cycle, continued geopolitical risks, and concerns about the US fiscal situation will provide support for gold prices. However, if US economic data continues to be strong or the Fed turns to a hawkish stance, gold's upside may be limited.
✅The current gold price has broken through the previous strong resistance level of 3325, and the Bollinger Bands are opening upward, indicating strong bullish momentum. The short-term resistance has moved up to 3367. If it can further break through this level, it is expected to test the 3400 mark.
✅During the Asian session, the gold price rebounded strongly after stepping back to 3301, confirming that the 3300 integer mark support is effective, and 3300 has also become an important long-short watershed in the future market. After stabilizing above 3300, bullish momentum continued to be released, gold prices rose rapidly and hit a new high of 3358, successfully breaking through the previous high of 3330, further consolidating the bullish pattern.
✅At present, we need to focus on the 3325-3333 support level during the callback process. This position is an important resistance area in the early stage, and has now been transformed into a top-bottom conversion support. If the retracement does not break, we can consider buying long orders at lows in this area and participating in the bull market.
🔥Market trends are changing rapidly, and we will provide Group Members with accurate trading strategies based on real-time market dynamics. Short-term trading focuses on flexibility, requires timely adjustment of positions, and strict implementation of risk control, striving to ensure the safety of funds and stable transactions while responding to market fluctuations.
✅𝐃𝐚𝐢𝐥𝐲 𝟐-𝟒 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐒𝐢𝐠𝐧𝐚𝐥𝐬🔥
✅𝐇𝐢𝐠𝐡 𝐀𝐜𝐜𝐮𝐫𝐚𝐜𝐲 𝟗𝟎%-𝟗𝟓% 🔥
✅𝐖𝐞𝐞𝐤𝐥𝐲 𝐲𝐢𝐞𝐥𝐝 𝟔𝟎%-𝟖𝟓%🔥
👉Free Group：t.me/+Js1lIktpZeY0ZWM9
✉️VIP Channel : t.me/Jack_blackwell
✅𝐇𝐢𝐠𝐡 𝐀𝐜𝐜𝐮𝐫𝐚𝐜𝐲 𝟗𝟎%-𝟗𝟓% 🔥
✅𝐖𝐞𝐞𝐤𝐥𝐲 𝐲𝐢𝐞𝐥𝐝 𝟔𝟎%-𝟖𝟓%🔥
👉Free Group：t.me/+Js1lIktpZeY0ZWM9
✉️VIP Channel : t.me/Jack_blackwell
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
✅𝐃𝐚𝐢𝐥𝐲 𝟐-𝟒 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐒𝐢𝐠𝐧𝐚𝐥𝐬🔥
✅𝐇𝐢𝐠𝐡 𝐀𝐜𝐜𝐮𝐫𝐚𝐜𝐲 𝟗𝟎%-𝟗𝟓% 🔥
✅𝐖𝐞𝐞𝐤𝐥𝐲 𝐲𝐢𝐞𝐥𝐝 𝟔𝟎%-𝟖𝟓%🔥
👉Free Group：t.me/+Js1lIktpZeY0ZWM9
✉️VIP Channel : t.me/Jack_blackwell
✅𝐇𝐢𝐠𝐡 𝐀𝐜𝐜𝐮𝐫𝐚𝐜𝐲 𝟗𝟎%-𝟗𝟓% 🔥
✅𝐖𝐞𝐞𝐤𝐥𝐲 𝐲𝐢𝐞𝐥𝐝 𝟔𝟎%-𝟖𝟓%🔥
👉Free Group：t.me/+Js1lIktpZeY0ZWM9
✉️VIP Channel : t.me/Jack_blackwell
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.