Mark-VIP008

Mark-VIP008 Updated 

The CPI data in the evening still had a strong burst of energy, and it quickly rose to nearly 30 US dollars in a short period of time, but soon the gold bulls began to sell their chips after making profits, and the rising energy began to wane. Gold has already shown a weak state, which will also cause gold to easily go out of the trend of rising and falling! The...

Mark-VIP008 Updated 

Analysis of gold news: Spot gold is currently trading around $2,342/ounce during the U.S. market on Thursday (May 30). Gold prices fell nearly 1% on Wednesday, closing at $2,337.88/ounce. The strengthening of the U.S. dollar to a two-week high, the rise in U.S. Treasury yields to a four-week high, and the hawkish remarks of Fed officials hit market sentiment. The...

Mark-VIP008 Updated 

On Wednesday, the prices of European and American bonds fell across the board, and the upward yields collectively put pressure on gold prices. Specifically, on the one hand, the yield of Germany's benchmark 10-year German bond rose by more than 10 basis points during the session; on the other hand, after the two-year and five-year Treasury auctions on Tuesday were...

Mark-VIP008 Updated 

In the trend of gold daily K, the stochastic indicator crosses downward, the main short runs downward, the central axis pressure position is near 2365, the main pressure, therefore, in terms of daily K, one is the form of the central axis suppression, the other is the indicator crosses downward, therefore, we can consider continuing to choose the high-altitude...

Mark-VIP008 Updated 

In the U.S. market on Tuesday (May 28), spot gold fluctuated within a narrow range and is currently trading around $2,355 per ounce. Gold prices rebounded nearly 1% on Monday, hitting an intraday high of $2,358.40 per ounce and closing near $2,350.99 per ounce, as investors assessed reduced bets on U.S. interest rate cuts ahead of a key inflation report later this...

Mark-VIP008 Updated 

On Friday, the United States released the University of Michigan consumer confidence index for May and one-year inflation expectations. From a data point of view, the University of Michigan Consumer Confidence Index recorded 69.1, higher than market expectations of 67.5 and the previous value of 67.4, ending a three-month downward trend. At the same time, judging...

Mark-VIP008 Updated 

Gold fell as the dollar rose to a new one-week high after traders reduced bets on the Fed cutting interest rates more than once this year after hawkish Fed meeting minutes released early Thursday morning. The strong performance of U.S. initial filings and PMI data released on Thursday night further dampened expectations of a rate cut by the Federal Reserve. The...

Mark-VIP008 Updated 

Yesterday's unilateral decline in gold ended in line with expectations and gradually adjusted towards the 2330 mark, which is also the only key support on the daily line. During the 4H cycle, the high point has been under pressure. Although there is a rebound under the 2330 first-line support in the short term, it remains to be seen whether the weakness can be...