Market Sentiment - The current gold market exhibits a "divided sentiment," where geopolitical tensions should typically drive gold prices up, but the strong U.S. dollar and Federal Reserve policy outlook are suppressing this reaction [1] - Overall market risk sentiment is cautious, indicating traders are hesitant about the geopolitical risk premium and are more inclined towards short-term trading driven by economic data [1] Technical Analysis - From a larger perspective, the weekly chart shows gold is in a high-level consolidation within an upward trend, with the current structure suggesting that the consolidation phase is not yet complete [2] - The weekly closing last week was bearish, but there is a high probability of a bullish close this week, supported by the 5-day and 10-day moving averages [2] - On the daily chart, gold has shown a strong rebound after piercing the middle band for three consecutive trading days, indicating strong support at this level [2] Key Levels and Strategies - The critical resistance level is at 3405; if this level is broken and sustained, significant pullbacks are unlikely [4] - If gold fails to break above 3405, traders should avoid chasing prices and instead look for support around 3360-65 and 3355-50 to continue buying on dips [4] - In the domestic market, gold prices experienced a decline last week, but the long-term bullish outlook remains intact; traders are advised to wait for pullbacks to enter long positions [4] - Current prices for domestic gold are around 786 for Shanghai gold and 780 for accumulated and financing gold, with potential targets of 800 and 795 respectively if a bullish trend emerges this week [4]
江沐洋:6.23国际黄金走势探底回升彰显强势,今晚黄金操作建议
Sou Hu Cai Jing·2025-06-23 15:57