Market Overview - Gold prices experienced fluctuations, reaching a high of $3,400 before retreating to around $3,384, demonstrating resilience amid geopolitical and economic uncertainties [1] - The recent surge in gold prices is attributed to escalating tensions in the Middle East, particularly the ongoing conflict between Iran and Israel, which has intensified over the past five days [1] - Despite the upward momentum, gold prices faced pressure from a 0.7% increase in the US dollar index and cautious sentiment ahead of the Federal Reserve's interest rate decision [1] Technical Analysis - On the previous trading day, gold maintained a narrow trading range between $3,366 and $3,403, with a notable rebound after hitting a low of $3,366, closing at $3,387, forming a doji candlestick pattern indicating a fierce market battle between bulls and bears [3] - The four-hour analysis shows gold initially declined to $3,370.4 before rebounding to around $3,400, currently trading near $3,382, with bearish indicators suggesting a preference for short positions [3] - Recommendations for trading include selling near $3,400-$3,403 with a stop loss at $3,408 and a target of $3,380-$3,370, as well as buying near $3,363-$3,366 with a stop loss at $3,358 and a target of $3,380 [5]
金都财神:6.18黄金行情走势分析及操作建议
Sou Hu Cai Jing·2025-06-18 07:56