Review on June 11, 2024


Non-U.S. currencies and gold experienced turbulent movements on Monday. It is expected that gold will show increased volatility today. Pay attention to intraday trading points for gold.

Good morning, everyone. Today is Tuesday. On Monday, non-U.S. currencies and gold fluctuated at low levels. It is expected that the fluctuation range will increase today, with a focus on buying the euro at low points and patiently waiting for effective positions in gold.


Gold has dropped $100 unilaterally. I am personally focusing on the 2274 level. If this support is not broken, the main strategy is to buy at low levels.

Trading Recommendations

1. If gold touches the 2273 level for the first time today, go long with a stop loss at 2263 and a target of 2283. If a profit of $5 is reached at 2278, set the stop loss to breakeven and wait for the result.

2. If gold touches the 2327 level for the first time today, go short with a stop loss at 2337 and a target of 2317. If a profit of $5 is reached at 2322, set the stop loss to breakeven and wait for the result.

Gold is a highly volatile commodity, so it is crucial to strictly adhere to stop loss levels. Ensure that the stop loss point matches the loss amount, keeping the total loss within 1% of total funds.


The euro long positions from yesterday are still open. Patiently wait for the result.


If USD/JPY touches the 157.350 level for the first time today, go short with a stop loss at 157.650 and a target of 157.050. Strictly adhere to the stop profit and stop loss levels.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End



Investing refers to the act of allocating funds or other resources into certain assets or projects with the expectation of obtaining future returns or benefits. The primary aim of investing is usually to enhance asset value, achieve financial goals, preserve and grow value, or accomplish a specific objective.


Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.


Contact Us

Social Media