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Market News Spot gold trading strategy on June 9: wait-and-see mood is getting stronger, long and short are gearing up, war may be imminent
Spot gold trading strategy on June 9: wait-and-see mood is getting stronger, long and short are gearing up, war may be imminent
Although the OECD lowered its forecast for global economic growth and raised its inflation forecast, which provided support for gold prices, the US dollar index was relatively strong, and the 10-year US bond yield rose above 3%, increasing the opportunity cost of holding gold. , Before the changes in the number of initial jobless claims in the United States and the release of the US CPI data, the market has a strong wait-and-see mood.
2022-06-09
8198
On Thursday (June 9) during the Asia-Europe session, spot gold fluctuated within a narrow range and is currently trading around $1,851.68 an ounce, although the OECD lowered its forecast for global economic growth and raised its inflation forecast, providing support for gold prices , but the US dollar index is relatively strong, and the 10-year US bond yield has risen above 3%, which increases the opportunity cost of holding gold. Before the changes in the number of initial jobless claims in the United States and the release of US CPI data, the market has a strong wait-and-see mood.
Taking into account the prospect of interest rate hikes by global central banks, the increase in gold ETF holdings, and the trend of the US dollar to fluctuate higher, the overall gold price is slightly inclined to a volatile downward trend.
Daily level: shock; moving averages are intertwined, MACD is slightly golden, KDJ is slightly dead, the price of gold is hovering near the middle rail of Bollinger Bands, the short-term lack of clear direction, pay attention to the breakthrough in the 1828.38-1873.99 area, 1828.38 is the low support for the past three weeks Where, 1873.99 is the resistance of the high point in the past three weeks.
The Bollinger Bands track continues to close, and further reference is made to the breakthrough in the 1810.67-1882.54 area of the Bollinger Bands track.
4-hour level: shock; the Bollinger band track is also closing, pay attention to the breakthrough in the 1837.70-1864.85 area of the Bollinger band track; at present, KDJ is dead fork, and the reference signal of the indicator signal is more meaningful in the shock market, and the short-term is slightly inclined to shock down.
Resistance: 1857.37; 1864.85; 1873.99; 1882.54;
Support: 1844.42; 1837.70; 1828.38; 1820.00;
Short-term operation suggestions: conservatives wait and see; radicals are cautiously short on rallies.
Taking into account the prospect of interest rate hikes by global central banks, the increase in gold ETF holdings, and the trend of the US dollar to fluctuate higher, the overall gold price is slightly inclined to a volatile downward trend.
Daily level: shock; moving averages are intertwined, MACD is slightly golden, KDJ is slightly dead, the price of gold is hovering near the middle rail of Bollinger Bands, the short-term lack of clear direction, pay attention to the breakthrough in the 1828.38-1873.99 area, 1828.38 is the low support for the past three weeks Where, 1873.99 is the resistance of the high point in the past three weeks.
The Bollinger Bands track continues to close, and further reference is made to the breakthrough in the 1810.67-1882.54 area of the Bollinger Bands track.
4-hour level: shock; the Bollinger band track is also closing, pay attention to the breakthrough in the 1837.70-1864.85 area of the Bollinger band track; at present, KDJ is dead fork, and the reference signal of the indicator signal is more meaningful in the shock market, and the short-term is slightly inclined to shock down.
Resistance: 1857.37; 1864.85; 1873.99; 1882.54;
Support: 1844.42; 1837.70; 1828.38; 1820.00;
Short-term operation suggestions: conservatives wait and see; radicals are cautiously short on rallies.
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