Jun-Gold Daily analysis
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VIP group continues to profit 150 pips. Please pay attention to the support and resistance trading points mentioned in today's free sharing!💰
Forwarded from J's GOLD Signal Premium group
⚡️Hit TP zone , + 280 pips
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Forwarded from J's GOLD Signal Premium group
The CME Group controlled market volatility by raising margin requirements, triggering a massive liquidation storm. The margin increase caused large-scale trading and forced liquidations on the New York Mercantile Exchange. This approach led to a surge in trading volume, so the risk is extremely high in the near term. Please be aware of the risks involved in trading!❗️
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The VIP group signal continued to generate 100 pips in profit. The market will close early today, and my VIPs have all received substantial profits.👏🏻
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The VIP group hit TP again, earning 200 pips.
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A total of three VIP signals were sent today:
SELL: 4358 +280 pips
BUY: 4305 +100 pips
BUY: 4310 +200 pips
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Gold closed near 4319 on Wednesday and opened near 4331 today, opening higher and continuing its upward trend, breaking through 4350! The daily chart shows support at the Bollinger Band middle line around 4280/90, with resistance at the 10-day and 7-day moving averages at 4394/4404. On the shorter-term hourly and four-hour charts, the moving averages are closely aligned, and the price is trading between the middle and lower Bollinger Bands. The expected trend today is continued consolidation within a wide range, with a trading strategy of buying low and selling high!

Key levels:

First support level: 4321, Second support level: 4290, Third support level: 4271

First resistance level: 4380, Second resistance level: 4406, Third resistance level: 4433

Gold trading strategy:

BUY: 4300-4310, SL: 4290, TP: 4340-4360;

SELL: 4370-4380, SL: 4395, TP: 4340-4320;

More signals will be updated in the VIP group
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After making a profit of 580 pips on Wednesday, the VIP group waited for the market to stabilize today, and the signal accurately hit TP.👏🏻
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Gold prices fell sharply last week. The daily chart shows gold currently consolidating at low levels, with the technical pattern gradually repairing after a period of fluctuation. Short-term moving averages are turning upwards, indicating a potential breakout from previous resistance and a continuation of the rebound. Influenced by the Venezuelan geopolitical events, gold rebounded sharply intraday, but the upward momentum slowed after hitting resistance on the hourly chart. A second upward move after a short-term correction should be monitored.

In my view, news events are merely the trigger for price movements. A true trend breakout inevitably requires multiple support levels from the technical structure. Analyzing the 1-hour chart, last week saw a continuous bottoming phase, with the 4273 level forming a clear support. The current price action is forming a standard head and shoulders bottom pattern, and with the support of news, the right shoulder of the pattern is rapidly forming, making the bullish technical signal increasingly clear.

As the impact of news events gradually dissipates, the gold market is about to enter a purely technical breakout phase. With the head and shoulders bottom pattern complete and the safe-haven demand supporting the trend, it presents an opportunity to buy in.

Key levels:

First support level: 4321, Second support level: 4290, Third support level: 4271

First resistance level: 4380, Second resistance level: 4406, Third resistance level: 4433

Gold trading strategy:

BUY: 4370-4380, SL: 4360, TP: 4410-4430;

SELL: 4460-4470, SL: 4480, TP: 4440-4420;

More signals will be updated in the VIP group
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Gold prices surged over $100 on Monday, with the New York closing price once again above the 10-day and 7-day moving averages at 4415 and 4392 respectively. The price remains within the upper Bollinger Band channel, and the RSI indicator is above the midline. On the short-term 4-hour and hourly charts, the moving average system is trending upwards, the Bollinger Bands are widening upwards, and the price is holding within the upper Bollinger Band channel, with the RSI indicator above the midline. Today's trading strategy remains bullish in the short term; buy on dips and sell at key resistance levels.

Gold prices continue their upward trend. The 4400 level is a key support for the day and a point of potential reversal. Short-term resistance is seen around 4480. If 4480 is held, the upside target could extend to the 4500 psychological level. If the 4400 support is broken, the market will likely enter a range-bound trading pattern. Maintain a trend-following strategy, buying on dips and patiently waiting for the price to pull back to support levels before entering the market.

Key levels:

First support level: 4423, Second support level: 4400, Third support level: 4386

First resistance level: 4468, Second resistance level: 4480, Third resistance level: 4497

Gold trading strategy:

BUY: 4400-4410, SL: 4390, TP: 4440-4450;

SELL: 4510-4520, SL: 4530, TP: 4480-4470;

More signals will be updated in the VIP group
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VIP group signal logs.
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Gold prices are trending upwards in a step-like manner, so we recommend you consider buying. Join our VIP group for more VIP guidance.
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Gold prices continued their upward trend, reaching the short-term target of 4500. The daily chart shows a consecutive surge, with a gain of $170 in two trading days. The 10-day and 7-day moving averages have moved up to 4422/4390, and the price is trading along the upper Bollinger Band. On the shorter-term 4-hour and hourly charts, the Bollinger Bands are widening upwards, the moving average system is trending upwards, and the RSI indicator is above the midline.

Technically, the chart presents a typical "resistance after an uptrend" structure. Before a decisive break above 4500, the market needs sufficient trading activity and momentum accumulation around this level. Today, a more conservative strategy of buying on dips is recommended, waiting for the price to retrace and confirm support levels before entering the market. Be wary of a potential sharp pullback today.

Key levels:

First support level: 4462, Second support level: 4445, Third support level: 4420

First resistance level: 4516, Second resistance level: 4537, Third resistance level: 4565

Gold trading strategy:

BUY: 4435-4445, SL: 4425, TP: 4480-4500;

SELL: 4510-4520, SL: 4530, TP: 4480-4470;

More signals will be updated in the VIP group
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