Group 1 - Silver futures are currently trading below 9487, with a recent price of 9476, reflecting a 0.94% increase from the opening price of 9442 [1] - The highest price reached today was 9526, while the lowest was 9390, indicating a short-term oscillating trend in silver futures [1] - The market's risk appetite has increased following President Trump's announcement of a trade agreement with Japan, leading to a nearly 4% rise in the Japanese stock market and a new high for the Shanghai Composite Index since October of last year [3] Group 2 - The trade agreement includes a reduction in tariffs on Japanese products from a threatened 25% to 15%, which may further enhance market risk appetite and reduce demand for safe-haven assets like silver [3] - The U.S. dollar index is hovering near a two-week low, and the decline in U.S. Treasury yields is providing some support for silver prices [3] - Analysts suggest that if more trade agreements are reached before August, it could further boost risk appetite and weaken gold demand, although a continued weak dollar may allow gold prices to rise to $3500 [3] Group 3 - The silver market is currently in a bullish trend, with recent highs around 9540, although there has been some pullback without forming a top pattern [4] - Key support levels for silver are identified at 9350 and 9250, with a break below 9350 indicating a potential shift from strong to weak momentum [4]

Geopolitical Analysis - Iran launched a missile attack on Israel's Mossad headquarters on June 17, escalating tensions in the Middle East. Despite this, gold prices did not see a significant increase on June 18, with New York gold futures dropping 0.10% to $3403.4 per ounce, indicating a potential "fatigue effect" among investors regarding geopolitical conflicts [2] - The effectiveness of Iran's missile technology remains questionable, which has weakened the sustainability of safe-haven sentiment in the market [2] Federal Reserve Insights - The Federal Reserve held a meeting on June 17-18, with expectations to maintain interest rates. However, there is a focus on guidance regarding potential rate cuts later in the year. The U.S. May CPI showed a year-on-year increase of 2.4%, which was below expectations, but the lagging effects of tariff policies may increase future inflationary pressures, leading to a cautious stance from the Fed [2] - On June 17, the U.S. dollar index rose 0.19% to 98.2322, exerting short-term pressure on gold. Nevertheless, the CME "Fed Watch" indicates a 62% probability of a rate cut in September, providing medium to long-term support for gold [2] Gold Technical Analysis - The spot gold price opened at 3386.78 yuan per ounce, showing no clear trend throughout the day and closing at 3388.47, forming a doji candlestick. The daily closing price remains above the moving average, indicating a bullish direction [5] - The hourly price is entangled with the moving average, showing no clear direction, but there is some support at this level. The 15-minute level shows a lack of trend opportunities, with only oscillation at the bottom [5] - Today's trading suggestion is to adopt a high sell-low buy strategy on the 15-minute level, with profit-taking and stop-loss levels set between 3360-3400 [5] Silver Technical Analysis - On Friday, silver opened at 36.301 and broke through to a new high, showing a strong upward trend, closing at 37.116 with a bullish candlestick. The closing price is above the 20-day moving average, indicating a bullish outlook [7] - The hourly level shows a breakout from the central range, with prices above the moving average, confirming a bullish direction. The 15-minute level is currently oscillating at a high position, suggesting further upward movement is likely [7] - Today's trading suggestion is to look for buying opportunities on the 15-minute level, with stop-loss set at 36.700 and profit target at 37.500 [7]

Group 1 - The recent surge in gold prices is primarily driven by Israel's new airstrikes on Iran, escalating tensions in the Middle East, leading investors to flock to traditional safe-haven assets like gold, U.S. Treasuries, and the yen [1] - Currently, gold is the preferred choice for hedging geopolitical risks, overshadowing the U.S. dollar, which has seen a slight rebound but is not the main recipient of safe-haven flows [1] Group 2 - Despite the prevailing risk sentiment in the gold market, the Federal Reserve's policy direction remains a key variable influencing long-term gold prices. The Fed maintained interest rates this week and hinted at possibly only one rate cut for the remainder of the year [3] - Market expectations suggest that if future inflation data declines more than anticipated or if the labor market shows signs of slowing, the Fed may adopt a more dovish stance, potentially providing new upward momentum for gold prices [3] Group 3 - The weekly bullish trend for gold is expected to continue, with significant upward potential. After a recent decline, gold prices have stabilized above the mid-range, indicating a strong upward trend [5] - Short-term price movements show a recent rise to 3447 followed by a correction to 3420, which is seen as a key support area. If this support is tested, it may present a buying opportunity [5] Group 4 - The outlook for next week suggests continuing to buy gold in the range of 3415-20, with a stop-loss at 08 and a target towards 3450-56 [7]