June 24 Morning: Spot Gold and Spot Silver Trends, Personal Guess!!!


Spot Gold: Rebound with volatility has stopped around 4150 and is starting to decline again. Currently, pay attention to whether yesterday afternoon’s low point, which is 4090, breaks the level. If it breaks, then it will head towards 4050 and around 4000; if 4090 can hold, then today’s market will strengthen, pushing up to 4170, 4220, and 4270 resistance levels.
Spot Silver: Continues to break yesterday afternoon’s low, and the previous 61.5 low has also been broken, reaching around 61. Whether it can test the support level at 60 is still uncertain, because the weakening wave from last night to this morning is in line with technical expectations. It’s hard to guess where it will stop; if 61 holds, then today might push up to the resistance levels of 64 to 65, and on Thursday and Friday, it could reach 67 and 69. That is to say, I guess that today afternoon or tonight will start to fluctuate and make profits, with a push on Thursday and Friday, testing the trendline resistance of the 60-minute inner disk, then paying attention to the breakout situation.
GLDX-1.09%
PAXG-1.60%
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