Opening price 1722.16 closed yesterday 1722.93 lowest price 1720.80 highest price 1724.20
Gold prices fell slightly
On June 18, the US dollar index refreshed a two-week high to 97.58, worrying about a new round of outbreaks and the US unemployment benefits data was lower than expected, driving demand for safe-haven currencies; the pound fell more than 1% against the dollar, hitting June 1. The lowest level since. The price of gold fell slightly, and investors weighed on the one hand the strength of the US dollar, while also weighing the increase in the number of new crown cases in the United States. U.S. oil rose more than 2%. OPEC+ major oil-producing countries emphasized the importance of fully complying with production cut commitments, and took measures to ensure that some countries that failed to fully achieve production cuts last month made compensation.
Technical Analysis: Gold
Yesterday, gold fell slightly, falling from a high of 1738 to a low of 1717, and then it was sideways. Today’s Asian session opened at 1722.16 in early trading and is currently at 1722.98.
Due to the price stabilization yesterday, the Bollinger Band track is almost balanced, the track is neat, the price is below the middle track, and it tends to hover at a low level. Resistance at 1730 during the Asian session, the current price fluctuations are small.
The MACD signal shows that it is biased towards the empty side, the DIF line is still below the zero axis, and the kinetic energy is exhausted. It is necessary to pay attention to the position of the DIF kinetic energy line crossing the zero axis during the day.
Resistance: 1730 1735 1738
Support: 1720 1710 1700
Day-trade Strategy: Dominated by the volatile trend, do more than 1735 in Europe and the United States.
Important information of the day:
2030: US current account in the first quarter (100 million US dollars)