Golden_Line_FX

Golden_Line_FX Updated 

Gold multi-period resonance analysis 1. Daily level - trend strengthening stage Structural breakthrough: The price effectively stood above the 3350 neckline (the upper edge of the previous oscillation range), and the daily closing was "engulfing the positive line", confirming the bullish dominance. Moving average system: 5/10/20-day moving averages are arranged...

Golden_Line_FX Updated 

Analysis of key factors Influence of CPI data The core CPI in the United States in May only increased by 0.1%, which was lower than expected, indicating that inflation slowed down, and strengthened the market's expectations for the Fed's interest rate cut (it is now expected to cut interest rates by 77 basis points in the next year). After the data was released,...

Golden_Line_FX Updated 

1. Analysis of gold news China-US trade negotiations ease risk aversion The second round of China-US trade negotiations was held in London. Both sides released "constructive" signals. The market expects that tariff policies may be further eased, weakening the safe-haven demand for gold. U.S. Treasury Secretary Bensont called the talks "good" and Commerce...

Golden_Line_FX Updated 

📌 Core driving factors Safe-haven demand support: The turbulent situation in Los Angeles, USA, stimulated short-term safe-haven buying, limiting the decline in gold prices. Fed policy expectations: Last Friday (June 6), strong non-farm data (employment growth exceeded expectations) strengthened the expectation of "high interest rates for longer", the US dollar...

Golden_Line_FX Updated 

Core logic analysis: Risk aversion cools down The easing of Sino-US trade tensions weakens the short-term safe-haven demand for gold, but long-term uncertainties (such as the prospects for global economic recovery and the Fed's policies) still support the safe-haven properties of gold. Technical bearishness dominates Weekly: Inverted hammer pattern + MACD high...

Golden_Line_FX Updated 

Core logic analysis: Risk aversion cools down The easing of Sino-US trade tensions weakens the short-term safe-haven demand for gold, but long-term uncertainties (such as the prospects for global economic recovery and the Fed's policies) still support the safe-haven properties of gold. Technical bearishness dominates Weekly: Inverted hammer pattern + MACD high...

Golden_Line_FX Updated 

Analysis of key factors Risk aversion subsides: The call between the Chinese and US heads of state released a signal of trade easing, weakening the demand for gold as a safe haven, causing the gold price to rise and then fall (3403→3335). Fed policy expectations: Inflationary pressure may prompt the Fed to maintain high interest rates, suppressing the upside of...

Golden_Line_FX Updated 

ADP data impact: The US "small non-farm" data in May was significantly lower than expected (37,000 new vs. 110,000 expected), strengthening the market's bet on the Fed's interest rate cut, the US dollar was under pressure (falling below the 99 mark), US Treasury yields fell, and gold was supported as a safe-haven asset. Technical signal: The bottoming pattern...

Golden_Line_FX Updated 

1. Analysis of core driving factors Short-term bearish factors The dollar rebounded: the US dollar index rebounded from a 6-week low, suppressing gold prices. Risk sentiment warmed up: risk assets such as stocks rose, weakening safe-haven demand, and some longs took profits and left the market. Medium- and long-term bullish support Geopolitical risks (no...

Golden_Line_FX Updated 

1. Analysis of the core drivers of the current market Geopolitical risks escalate The worsening of the conflict between Russia and Ukraine has boosted risk aversion demand. Gold, the US dollar and US bonds have strengthened simultaneously, indicating that the market has a strong risk aversion sentiment. If the situation escalates further (such as NATO's direct...

Golden_Line_FX Updated 

Core influencing factors Dollar trend: The rebound of the US dollar index suppresses gold prices, but if the PCE data is lower than expected, the US dollar may fall back and provide support for gold. Fed policy expectations: The market's expectations of interest rate cuts this year (currently priced at about 2 times) may limit the downward space of gold prices,...

Golden_Line_FX Updated 

The strengthening of the US dollar suppressed the gold price: the US dollar index rebounded, and gold fell under pressure. Impact of tariff policy: The tariff policy during the Trump period was restored, and the market risk aversion fluctuated, but it did not significantly boost gold. Expectations of the Fed's interest rate cut: Weak inflation data strengthened...

Golden_Line_FX Updated 

📌 Core view: short-term volatility is weak, but the medium- and long-term bullish logic remains unchanged Key range: 3270-3325 (maintain high selling and low buying before breaking through) Bull-bear watershed: 3325 (stand firm and turn strong, continue to fluctuate downward under pressure) Market driving factors: Fed rate cut expectations + trade friction risk...

Golden_Line_FX Updated 

Core driving factors Trump tariff revocation: US court ruled that "Liberation Day tariffs" were overreaching, trade policy uncertainty decreased, market risk aversion cooled, and gold was under pressure. Expectations of Fed rate cuts weakened: The Fed was cautious about rate cuts, the US dollar strengthened briefly, but weak economic data (such as employment and...

Golden_Line_FX Updated 

Focus on core contradictions New trend of long-short power game The sharp contrast between the 5% surge last week and the 1.25% plunge this week reveals that the market has huge differences on the value center of $3,300 The negative correlation between the US dollar index and gold has increased (the recent correlation coefficient has reached -0.82), and the key...

Golden_Line_FX Updated 

Market background review Risk aversion cools down: Due to the impact of Trump-related news, the safe-haven demand for gold has weakened, resulting in a high and fall on Monday (May 26), and continued weakness in the Asian and European sessions. Impact of the US market closure: Due to the Memorial Day holiday in the United States, market liquidity is low, market...

Golden_Line_FX Updated 

I. Key points on the news The US dollar rebounded strongly The US dollar index (DXY) rebounded from a low in the past month, reaching a high of 99.42 (+0.4%), suppressing gold demand. If the US dollar continues to rebound, gold may be further under pressure. Risk aversion sentiment cools down Market concerns about the international trade situation have eased,...

Golden_Line_FX Updated 

Core logic analysis Driving factors Safe-haven demand: The widening US fiscal deficit (US$36 trillion in debt), sovereign rating downgrades, and political uncertainty (debt concerns caused by Trump's policies) continue to support gold. Weakened US dollar: The weak US dollar index has increased the attractiveness of gold to non-US investors, and physical buying...