Foreign Exchange Sky Eye APP News: Chen Yilin: Gold encountered resistance and fell, and it continued to be bearish during the day! COMEX June gold futures closed down 0.6% on Tuesday at $1,683.70 per ounce.

2025/07/1519:48:36 hotcomm 1263

Forex Sky Eye APP News: Chen Yilin: Gold encountered resistance and fell, and it continued to be bearish during the day! Analysis of today's gold trend!

Market: On Wednesday (April 8), international spot gold was around US$1,650, and gold futures were around US$1,686. The last trader's gold price hit an eight-year high of $1,742 per ounce on Tuesday, and then fell sharply. COMEX June gold futures closed down 0.6% on Tuesday at $1,683.70 per ounce.

Chen Yilin's market analysis view: After international gold broke through the resistance suppression near 1640 on Monday, the bulls accelerated upward and soared sharply, reaching the 1674 level in the early trading on Tuesday. This position showed a significant suppression effect, and gold prices then fell. The current quote is around 1648. On the previous trading day, we first gave three short longs according to the correction, and then with the downward adjustment, the US market was consolidating and fluctuating at a high level. As of the early trading day, gold once touched the first line of US$1,640, and the current quotation is around 1,658!

html within 0 days technical: 4.8 International Gold html within 5 days market trend analysis!

After the market rose by 1674 in the morning on the trading day, it began to show a volatile and decline rhythm, fluctuating all the way, and the lowest intraday was given to the 1640 line. Currently, it has temporarily stabilized to support 1640, and the high point has moved down significantly after repeated surges. Pay attention to the layout of this trading day:

1. First of all, the upward attack at the beginning of the week is the delayed reaction of non-agricultural data. Last Friday, the non-agricultural market price was repeatedly under pressure and suppressed in the 1622 area, and failed to exert the impact of the non-agricultural report difference. This week, the opening of this week broke through this area and suppressed and exerted its upward force. In other words, this week's uptrend is a lagging reaction of the news side. In the final analysis, the news side drives the price up, and the news side is timely and will not continue to drive the price. The price will return to its own technical side, which is also the reason for the decline on the previous trading day;

2. Secondly, we have been treating Tuesday's trend according to corrections. From the perspective of market pattern, the daily price deviates greatly from the short-term moving average. Whether it continues to be strong or forms a high-level turning point, it is necessary to complete the price's closer to the short-term moving average, either fluctuating sideways or falling back. So yesterday we first oscillate and then look at the suppression, and we are all based on the return of the price to the moving average;

3. Finally, the current rebound high point of the market price is a gradual downward movement, and the support remains at the 1640 level. So we expect 1640 to fall below this trading day. At the same time, we have also mentioned that Wednesday is a time window before this trading day, and the previous trading day has turned negative and fallen. If the negative line continues to close this trading day, then 1674 constitutes a peak and fallback, which is a high probability event.

Foreign Exchange Sky Eye APP News: Chen Yilin: Gold encountered resistance and fell, and it continued to be bearish during the day! COMEX June gold futures closed down 0.6% on Tuesday at $1,683.70 per ounce. - DayDayNews

Generally speaking: We are still inclined to short-term layout this trading day, and we can start around high altitude first, first suppress 1650, and second suppress 1658 as the entry point for high altitude. At the same time, pay attention to the closing situation of the daily line, and we can also start the next band layout.

Crude oil: crude oil fell back more than expected yesterday because the CEO of Canada's second largest oil-producing company said: It does not support the potential plan to reduce crude oil production in , Alberta Province as part of the global production cut agreement! Crude oil fell in response and fell back deeply, but the current market fell to the point, so we still continued to do more, around 24.5!

(Note: The above views only represent Chen Yilin's personal views. If you do not make a basis for trading, you will be responsible for your own profits and losses. Investment is risky, and you must be cautious when entering the market!)

Article source: Chen Yilin

hotcomm

According to sources from Taiwanese media such as Taiwan's "Central News Agency", cited by Global Network, unlike the same group's Evergreen Line, which gives a year-end bonus of more than four or five months of monthly salary, and EVA Air, which gives a year-end bonus of three m

Employees of Taiwan's two major aviation ground handling companies plan to take another wave of leave, which may add variables to Spring Festival air transportation.

06/10 1566

According to "Watch Taiwan Sea", more than a hundred ground staff of Taiwan's EVA Air recently asked for leave because they were dissatisfied with the year-end salary distribution, causing a large number of flight delays at Taoyuan Airport and affecting thousands of passengers.

Taiwan Taoyuan Airport may be paralyzed? Two major ground handling companies may go on strike during the Spring Festival at the same time, making passengers very nervous

06/10 1776

While Taiwanese people are still buying masks in limited quantities under real names, the Democratic Progressive Party authorities, after recently "generously" stating that they would provide 100,000 masks to the United States every week, have recently been exposed to exporting 1

Soul torture: Taiwan, which is flattering the United States and Japan, have you ever thought about who it will rely on for development after the epidemic?

06/10 1958

A fraudulent loan case broke out in the Taiwan Navy's self-building minehunting ship plan. The contractor, Chen Qingnan, chairman of Qingfu Shipbuilding Company, and his son were interviewed by the prosecutor on the 9th. The Kaohsiung District Prosecutor's Office received a repor

A NT$20.5 billion loan fraud case erupted in the Taiwan Navy's self-building minehunting ship plan

06/10 1649

At this point, the four most popular Hong Kong handsome guys Shawn Yue, Daniel Wu, Nicholas Tse, and Edison Chen have all started their own families. Our era of Hong Kong star movies has basically come to an end.

It turns out that so many stars have fallen into its hands!

06/10 1403

Hello everyone, the fake money-obsessed Flirty Uncle who wants to pick up money so he just doesn’t pick it up is online again! Like everyone else, I also have a dream of getting rich overnight, but not all of us can realize our dream like Taiwan Qingfu Company.

Why should a fishing boat company worth RMB 500 million build warships worth RMB 35 billion? Tsai Ing-wen gives you the answer

06/10 1517

It is better to be born well than to marry well. Almost all women believe in this sentence, because it is a new reliance for women after leaving the protection of their parents. However, has marriage really been a haven for women since ancient times? Or, because you marry into a

Chen Jingwen: Married into a billionaire family, but her husband cheated on an 18-year-old student and died of cancer at the age of 60

05/27 1419

He only had a primary school education and used 200 yuan to start a rice store. After going through a lot of hardships, finally at the age of 66, the group's revenue exceeded 100 billion.

He has a primary school education, started his business with 200 yuan, and his group’s annual income is 100 billion, but he does not give his son an inheritance.

05/27 1593