


TheodoreSilas
Premium💡Message Strategy After falling for two consecutive days, gold (XAU/USD) rebounded slightly in the Asian session on Wednesday, stabilizing above $3,320, attracting some bargain-hunting buyers. The market has paid close attention to the tariff policy that US President Trump continues to increase, and the rising risk aversion has become the core factor...
💡Message Strategy On Tuesday, the dollar index continued to rise, eventually closing at a high of 98.68, after a mild inflation report sparked speculation that the Federal Reserve might keep interest rates unchanged for the time being. Spot gold gave up its intraday gains after the release of CPI data, once touching the $3,320 mark, falling for the second...
💡Message Strategy Gold prices rebounded modestly in the Asian session, supported by a weaker dollar and safe-haven demand. The market is currently focusing on the upcoming June CPI data from the United States, and investors are reassessing whether the Federal Reserve may start a rate cut cycle this year. The overall CPI (year-on-year) is expected to grow by...
💡Message Strategy International oil prices continued to climb on Monday, but the gains were limited. Brent crude futures rose 8 cents to $70.44 a barrel, continuing Friday's 2.51% rise. U.S. WTI crude rose 5 cents to $68.50, having surged 2.82% the previous trading day. The main driving force behind this round of gains came from the market's expectation that...
💡Message Strategy Gold prices hit a three-week high near $3,375 an ounce in early trading on Monday before retreating. Gold prices are under selling pressure again as buyers failed to sustain higher levels hit earlier on Monday. Gold prices hit a three-week high in early Asian trading on Monday, supported by safe-haven demand after U.S. President Trump...
💡Message Strategy Inventory data provides short-term support, but it is difficult to change the trend Although oil prices are under pressure overall, inventory data released by the U.S. Energy Information Administration (EIA) show that as of last week, U.S. gasoline and distillate inventories have dropped significantly, while gasoline consumption has...
💡Message Strategy Trump announced on Friday that he would impose a 35% comprehensive tariff on Canadian imports, which will take effect on August 1, which caused a market shock. As Canada's largest trading partner, the United States accounts for 76% of Canada's exports in 2024. This move will undoubtedly have a profound impact on the global supply chain and...
💡Message Strategy As trade uncertainty heats up, gold welcomes safe-haven buying After the Trump administration issued a series of tariff notices against many countries around the world, market risk aversion has intensified. The US President announced on Wednesday that a new 50% tariff on copper imports will be imposed from August 1, and reiterated that "the...
💡Message Strategy During the European trading session on Monday, the West Texas Intermediate (WTI) crude oil futures on the New York Mercantile Exchange recovered the previous losses and rebounded to around $67.50 per barrel. Although OPEC+ confirmed that the increase in oil production in August will be higher than expected, oil prices still rebounded. From...
💡Message Strategy As we mentioned before, the upper 3345-50 is the suppression position after the non-agricultural data last week. We can short at the 45-50 line when it rebounds. Yesterday, we also gave the idea of going long at the 3295-3301 line. At midnight, gold rebounded perfectly above the 3330 line and closed at the 3336 line. Today we continue to...
💡Message Strategy OPEC+, led by Asian countries, announced on Saturday that it would increase production by an additional 548,000 barrels per day from next month, more than 30% higher than market expectations of 411,000 barrels per day, accelerating the pace of resumption of production after the production cuts in 2023. In addition to supply-side factors,...
💡Message Strategy Current Price and Context Gold is trading around $3,310 and continues to retreat as traders remain cautious amid heightened macroeconomic uncertainty. While some safe-haven demand remains, a stronger dollar and weakening confidence among safe-haven buyers put gold under selling pressure. Concerns about global trade policy and tightening...
💡Message Strategy In the case of all negative non-agricultural data, gold did not fall below the support of 3300, which shows that gold bulls are still the main trend. The current daily pattern of gold is three positives, one negative and one positive. The trend of the opening next Monday is also very important. Once it continues to rise and rebound to break...
💡Message Strategy WTI crude oil prices snapped a three-day winning streak and were trading around $66.00 a barrel in early European trading Thursday. Crude oil prices fell as rising U.S. crude inventories heightened concerns about weak demand in the United States, the world's largest oil consumer. 📊Technical aspects From the daily chart level, crude oil...
💡Message Strategy Small non-farm data "big surprise" The ADP employment report released on Wednesday showed that the number of private employment in the United States decreased by 33,000 in June, the first decline since March 2023. Economists surveyed previously expected the number to increase by 100,000 on average. The ADP employment report showed that the...
💡Message Strategy The global economic uncertainty has intensified recently, and the gold market has performed well. On Monday, the price of gold rose by 0.87%, hitting a bottom of $3247.87 per ounce before rebounding strongly. The upward trend continued in early trading on Tuesday. In the second quarter, the price of gold rose by 5.5%, rising for two...
💡Message Strategy WTI crude oil prices recovered from a two-week low but remained about $12 below the previous Monday's high as upside was limited by Middle East peace and expectations that OPEC+ countries will agree to increase supply again this week. 📊Technical aspects From the daily chart level, crude oil fluctuates upward in the medium term and tests...
💡Message Strategy The cooling of geopolitical tensions and the easing of Sino-US trade tensions have boosted market risk appetite, and rising stock markets have weakened the attractiveness of holding gold, suppressing gold prices. However, geopolitical tensions have not completely calmed down, and expectations of a September rate cut by the Federal Reserve...