Fundamental Analysis - Gold prices experienced a significant pullback after reaching an eight-week high, with spot gold dropping over 1% to $3,385.20 per ounce, erasing all gains from the previous Friday [1] - Geopolitical tensions in the Middle East, particularly the ongoing conflict between Israel and Iran, continue to support gold prices, while the upcoming Federal Reserve policy meeting is a focal point for the market [1] - Economic data releases, including retail sales and import price figures, are expected to provide further insights, with economists predicting a 0.2% decline in May import prices and a 0.7% month-over-month decrease in retail sales [1] Market Dynamics - The complex global trade situation adds uncertainty to the gold market, with G7 leaders meeting in Canada to seek consensus on issues related to Ukraine and the Middle East [1] - President Trump's public support for Russia and resistance to the G7 joint statement creates uncertainty regarding the outcomes of the summit, which may exacerbate global economic volatility and indirectly support gold's safe-haven demand [1] Price Trends and Technical Analysis - The current gold market is characterized by a price uptrend, with strategies suggesting support for long positions and resistance for short positions [6] - Technical indicators show that gold prices are consolidating near support levels, with the hourly chart indicating a range around $3,380 [7] - The MACD indicator suggests upward momentum, although market activity appears to be decreasing, indicating a cautious trading environment [7] Investment Strategy - A strategy is proposed to enter long positions near the support level of $3,380, with a stop loss at $3,373 and a target profit range of $3,430 to $3,450 [7]
黄金评论:金价早盘低位震荡。市场回落多单布局。
Sou Hu Cai Jing·2025-06-17 06:00