Analysis of gold news: During the U.S. trading session on Tuesday (June 25), the price of gold fell due to the rise in the U.S. dollar and U.S. Treasury yields. Investors are waiting for U.S. inflation data to be released later this week, which may provide a basis for the Federal Reserve’s The timing of interest rate cuts this year provides clues. At press time, spot gold fell 0.56% to $2,315.93 per ounce. Gold prices were range-bound on Tuesday amid cautious market sentiment as investors awaited fresh macroeconomic and political news. The dollar rose 0.2% against other currencies, making gold more expensive for holders of other currencies, while the benchmark 10-year Treasury yield also edged higher. Physical demand from central banks is still huge, and there is also demand from Asia… The ultimate expectation is that the Federal Reserve will cut interest rates, and investors are reluctant to short gold.
Today’s gold strategy: It is recommended to focus on low and long callbacks, supplemented by rebounds from high altitudes. Focus on the 2335 first-line resistance at the top and the 2305 first-line support at the bottom.
Analysis of crude oil news: In the U.S. market on Tuesday (June 25), international oil prices remained at their highest level in nearly two months, with U.S. crude oil currently trading around $80.74 per barrel. Oil prices rose about 1% on Monday to post their highest close since early May, helped by the prospect of strong summer driving demand as tensions in the Middle East and bomb attacks on Russian refineries stoked supply concerns. A weaker dollar also added to the strength in crude oil prices. Brent crude oil futures for August delivery settled at US$86.01 per barrel, up US$0.77, or 0.9%. U.S. crude oil futures settled at $81.63 a barrel, up $0.90, or 1.1%. Both indicators rose about 3% last week, their second consecutive week of gains. This trading day, pay attention to the US API crude oil inventory series data, news related to the geopolitical situation and the speeches of Federal Reserve officials.
Today’s crude oil strategy: It is recommended to focus on rebounding high, supplemented by callbacks low and long. Focus on the first-line resistance of 82.4 at the top and the first-line support of 79.4 at the bottom.
Operations need to be done with caution and are recommended for reference only.
