• Your Bullion Trading Specialist
  • Live Chat
  • Client Login
  • Partner Login
  • Contact Us
  • FAQs
  • 简体中文
  • 繁体中文
GZB_RGBlogo_destopGZB_RGBlogo_destopGZB_RGBlogo_destopGZB_RGBlogo_destop
  • Why Z.com Bullion
    • Why Z.com Bullion
    • Advantages of Trading Bullion
      • Bullion Newbies
      • Experienced Traders
      • New Account Applicant
    • our Bullion Symbols
      • Fixed Spread
      • Floating Spread
    • Latest Promotion
      • Refer a Friend & Share the Joy
      • Z Bonus Points Scheme
  • Bullion Trading
    • Trading Rules
      • Tradeable Symbols
      • Market Hours
      • Fees and Margin Rules
      • Settlement & Rollover
    • Trading Platforms
      • MT4 PC version
      • MT4 Android OS version
      • MT4 iOS version
      • EA Automated Trading
    • System Maintenance Schedule
    • Reset MT4 Password
  • Accounts
    • Account Types
      • Standard Account
      • Advanced Account
      • Institutional Account
    • Account Funding
      • International Cleints
      • Hong Kong Clients
      • PRC Cleints
    • Open a Real Account
      • Upgrade to Advanced Account
      • Institutional Enquiry
    • Client Login
      • Open a Demo Account
  • Research & Education
    • Research Center
      • Daily Market Review
      • Technical Analysis
      • Fundamental Information
    • Education
      • The fundamentals
      • Technical Analysis
      • Glossary
    • Economic Calendar
  • About Us
    • About us
      • Z.com Bullion
      • Z.com
      • GMO Financial Holdings
    • Partnership Program
      • Program Enquiry
      • Partner Login
    • Newsroom
      • Latest Updates
      • Legal Information
        • Personal Information Collection
        • Risk Disclosure
        • Privacy Policy
    • Contact Us
      • FAQs
FUNDING INSTRUCTIONSOPEN REAL ACCOUNT

Gold price opened slightly higher

  • Home
  • Technical Analysis
  • Gold price opened slightly higher
The United States will formulate policies to retaliate against the EU, The Fed announced that it would ban banks from paying dividends and buying back shares
2020/6/26
The United States announced the successive closure of bars in response to the epidemic, UK announces details of stimulus plan
2020/6/29
2020/6/26

Opening price 1763.52 Last closing price 1763.17 Lowest price 1762.21 Highest price 1766.09

Gold price opened slightly higher

Driven by safe-haven buying on June 25, the US dollar continued to strengthen as concerns about the sharp increase in the number of new crown cases in the United States intensified and the trade tensions between the United States and the European Union deteriorated. The price of gold has increased slightly, the number of new cases has surged, and bad news about the economy has continued to make investors nervous, boosting the need for gold to hedge. Oil prices rose more than 2% in volatile trading due to a slight improvement in the US economy and a moderate increase in fuel demand.

Technical Analysis: Gold

Today, gold opened at 1763.52 in early trading. After the market opened, it rose slightly, and prices remained consistent and tended to stabilize. The Bollinger Band track has gradually narrowed and stabilized. The price is in a slight oscillating range and is in the Bollinger Band orbital range. The Asian period is expected to be in a narrow range and slightly rising.

After the price dropped from the high of 1777 to the 1760 range, it was basically in a stage of steady and upward climb. The Asian session today is expected to be at the highest position of 1768-70. From the current situation, light positions are long.

MACD still hasn’t completely moved up from the downtrend, kinetic energy still shows a short market under the zero axis, the DIF line is below the zero axis, but there is a clear upward trend.

Day trade strategy: light long positions, pay attention to MACD’s DIF line running track.

Resistance: 1765 1770 1775
Support: 1760 1750 1745

Important information:

22:00 US June University of Michigan Consumer Confidence Index Final Value

Z.com Bullion Analyst: Tony Liu

TRY FREE DEMO

demo_acc

FREE


  • Register in 3 Minutes
  • Simultaneous Operation of Mobile Phone and Desktop System
  • Practise or Test Your Strategies with US$50,000 of Virtual Funds
TRY FREE DEMO

OPEN REAL ACCOUNT

real_acc

No Minimum Deposit Requirement


  • Apply in 5 Minutes
  • Send Your Information to cs.bullion@z.com
  • Usually Takes 1 Working Days for Account Opening
OPEN REAL ACCOUNT
Share

Related posts

2021/1/17

Gold Trend 18/01 – 22/01


Read more
2021/1/11

Gold weekly review


Read more
2021/1/11

Gold Trend 11/01 – 15/01


Read more

The gadget summarized real-time ratings from the most popular technical indicators - Moving Averages, Oscillators and Pivots.
*Powered by Trading View.For reference only.



TRY FREE DEMO OPEN REAL ACCOUNT
*Japan's No.1 Retail FX Volume
Reported by Finance Magnates Retail Forex Industry Report in 2012-2019, in respect of GMO CLICK Securities Inc. retail leveraged forex trading volume.
RISK OF TRADING IN OVER-THE-COUNTER GOLD BULLION/SILVER CONTRACTS:
Service relating to Over-the-counter Gold Bullion/Silver trading is provided by GMO-Z.com Bullion HK Limited. Over-the-counter Gold Bullion/Silver ("Bullion") trading carries a high degree of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Bullion is not regulated by the Securities and Futures Commission ("SFC") and therefore trading Bullion will not be subject to rules or regulations promulgated by the SFC which includes but is not limited to Client Money rules. Before deciding to trade Bullion you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment or even more in extreme circumstances (such as Gapping underlying markets) and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading Bullion, and seek advice from an independent financial advisor if you require.
COLLECTION OF PERSONAL INFORMATION
Use of "cookies" Your visit to this site may be recorded for analysis on the number of visitors to the site and general usage patterns. Some of this anonymous information(i.e. your age,gender and interests) will be gathered through the use of "cookies". Cookies are small bits of information that are automatically stored on a person's web browser in their computer that can be retrieved by this site. Should you wish to disable these cookies you may do so by changing the setting on your browser. However, you will be unable to enter certain part(s) of our website. If we do ask you to provide personal information, we will always specify the purpose for which such personal information is collected and ensure that it is only used for the purpose specified at the time of collection.

GMO-Z.com Bullion HK Limited is a wholly owned subsidiary of GMO Financial Holdings,Inc (7177: JP), and is an affiliated company of GMO CLICK Securities, Inc., which is recognised as the World's Largest Retail FX Provider by Volume. These entities are part of the wider GMO Internet Group ("GMO Internet Group" or "Group"), which is headed by GMO Internet, Inc. (9449:JP) .

  • Legal and Regulatory Information
  • Personal Information Collection Statement
Copyright © GMO-Z.com Bullion HK Limited. All rights reserved.
  • Your Bullion Trading Specialist
  • Live Chat
  • Client Login
  • Partner Login
  • Contact Us
  • FAQs
  • 简体中文
  • 繁体中文