GustaveGeordie

GustaveGeordie

The main reason for the strong rise on Friday was that Trump said on social media that he would impose a 50% tariff on the EU on June 1, which led to a rise in risk aversion. On the one hand, it was affected by the news, and on the other hand, the entire technical form and rising structure were here, with rising momentum in it. Therefore, the resonance of the news...

GustaveGeordie Updated 

Gold opened at 3240 today and then rushed to 3252, then touched pressure and stepped back. We also gave a short position at 3240 and a short position at 3256-6. After all, there is a lot of pressure from above, and the technical side also needs to repair the strategy, so we gave a short entry at 3238-40, and the target is 3215. So far, the lowest point of the...

GustaveGeordie

The gold market showed a V-shaped reversal pattern of bottoming out and rebounding yesterday. The daily line closed with a hammer-shaped positive line with an extremely long lower shadow, indicating that the support below is strong, but the overall high-level shock pattern is still maintained. Technical indicators show that short-term correction pressure still...

GustaveGeordie Updated 

The gold market showed a V-shaped reversal pattern of bottoming out and rebounding yesterday. The daily line closed with a hammer-shaped positive line with an extremely long lower shadow, indicating that the support below is strong, but the overall high-level shock pattern is still maintained. Technical indicators show that short-term correction pressure still...

GustaveGeordie Updated 

Gold trend analysis: After gold fell below 3200 this week, the current trend is as shown in the figure. The end of this wave is tentatively set at around 2900. There may be a rebound during this period, but it is only a rebound. After the news faded, it was a rebound in the analysis after the 9th of this month. It emphasized that the gold price of 3500 was a top...