Trending_Gold_Miners

Trending_Gold_Miners

Gold breaks through the upper track of the pressure channel after a strong breakthrough, and may face technical adjustments in the short term Market review On Friday, the international gold price showed a unilateral upward trend, and the daily line closed with a real big positive line. It rose strongly from the $3,320 area during the session, and finally closed...

Trending_Gold_Miners

Spot gold rose 4.96% this week: safe-haven demand drives gold prices to their best performance in six weeks Market Overview Spot gold performed strongly this week, closing at $3,294.56/oz, up 4.96% for the week, the best weekly performance in six weeks. Concerns about global trade tensions have rekindled, coupled with a weaker dollar, and the attractiveness of...

Trending_Gold_Miners

The channel pattern is under obvious pressure, beware of the risk of the daily line turning negative Yesterday's market showed typical technical-driven characteristics. In the absence of news interference, gold maintained a volatile upward trend but the momentum was weakened. Although the daily line finally closed positive, the bulls showed fatigue: after...

Trending_Gold_Miners

Gold closed at $3289.54/ounce on Tuesday. On Wednesday, the Asian market broke through the $3300 mark, hitting a high of more than a week at $3304.06, and then continued to rise, reaching a high of $3320 during the European session. The current gold price needs to break through the key resistance of $3370 to confirm further upside space, while $3150 has formed a...

Trending_Gold_Miners

During the Asian trading session, spot gold maintained a volatile downward trend and is currently trading around 3210, with a daily decline of about 0.55%. Short-term trend judgment Spot gold has failed to test the 3251 resistance level several times recently, indicating insufficient upward momentum. It is expected that the price will re-test the recent low of...

Trending_Gold_Miners

Last Friday, the Asian session high stagflation fell back, and the technical correction decline was in line with expectations. After the institutions bottomed out and pulled up, the market fell back to the support levels of 3195 and 3170 as expected, and broke through 3155 in the evening, and then rebounded to around 3200. The overall situation showed a huge...

Trending_Gold_Miners

Gold Weekly Review: Key support level becomes the focus of long and short positions Market performance review This week, gold prices were under significant pressure, with a single-day drop of more than 2% on Friday and a cumulative drop of nearly 4% for the whole week, the worst single-week performance since November last year. The main drag factors...

Trending_Gold_Miners

Fundamental core driver Weak economic data strengthens expectations of rate cuts PPI and retail sales decline: PPI in April was -0.5% month-on-month (expected +0.2%), retail sales growth fell to 0.1% (previous value 1.7%), and manufacturing output was -0.4%, indicating an economic slowdown. Market reaction: 10-year U.S. Treasury yields fell 11 basis points to...

Trending_Gold_Miners

Fundamentals: Weakened safe-haven demand suppresses gold prices Despite the weakness of the US dollar index and the rising expectations of the Fed's interest rate cuts (the market expects a cumulative interest rate cut of 53 basis points in 2025, and the first interest rate cut may be in September), gold has not been able to continue its rebound, mainly affected...

Trending_Gold_Miners

Spot gold rebounded slightly to around $3,250 in the European session. Previously, due to the progress of the Sino-US trade agreement, the risk aversion sentiment cooled down, causing the gold price to pull back. The current market is in a stage of long-short game. On the one hand, the easing of the trade situation weakens the demand for risk aversion, and on...

Trending_Gold_Miners

Analysis of the early plunge in gold this week: Bearishness dominates under the resonance of risk aversion and technical aspects Market review: Multiple negative factors suppress gold prices On Monday (May 12) in the Asia-Europe session, spot gold encountered a sell-off, hitting a low of $3,259/ounce during the session, a new low in the past week. There was a...

Trending_Gold_Miners

Gold Weekly Review: Risk aversion pushes gold prices to a new high this year, and technical correction pressure emerges (May 5-May 10) Market Trend Overview This week, the international gold market showed a typical "high and fall" trend. Driven by multiple positive factors, the spot gold price broke through the 3,400 US dollar integer mark, reaching a high of...

Trending_Gold_Miners

Gold news dominates the bull market, and technical correction needs emerge Yesterday's market review: News stimulus drives gold to rise strongly The gold market is driven by multiple positive factors and continues to rise strongly: Trump's policy remarks boost risk aversion: The market's expectations of "imposing 100% tariffs on foreign films" have increased, and...

Trending_Gold_Miners

Recently, the gold market has been affected by multiple factors and the volatility has intensified: Trade policy uncertainty: Trump plans to impose a 100% tariff on overseas films, exacerbating concerns about a trade war, and risk aversion has once pushed up gold prices. Fed policy expectations: Although the Fed kept interest rates unchanged in the early...

Trending_Gold_Miners

Gold intraday trading analysis report: major news gathered, beware of large-scale sweeping market Core viewpoint: ✅ News dominates the market: Tariff negative impact on the market, gold fell rapidly to 3376 in the morning and then corrected in the short term. It is expected to maintain a large range sweep during the day. The overall bias is bearish, but both...

Trending_Gold_Miners

Gold technical analysis breaks through lateral pressure to establish short-term bulls, pay attention to the opportunity to go long after stepping on the retracement Yesterday, the gold market showed a strong pattern of first suppression and then rise: the price tested the key lateral pressure level of 3272 in the early Asian and European sessions and then fell...

Trending_Gold_Miners

Weekly analysis of the gold market: bull-bear game intensifies, pay attention to the Fed's decision and trade situation Market Overview In the early Asian session on Monday (May 5), spot gold rose slightly by 0.2%, trading around $3246.44/ounce. Although retail investors are optimistic about gold prices, most Wall Street institutions are bearish on gold trends...

Trending_Gold_Miners

Weekly analysis of spot gold: Multiple factors drive sharp fluctuations, and the market focuses on the Fed's policy signals Market review: Cooling of risk aversion and strong US dollar suppress gold prices Spot gold continued its adjustment trend this week, falling 2.28% on a weekly basis to close at $3,240.60/ounce, down about 7% from the historical high of...