Domestic coffee prices

The domestic coffee market in the morning trading session of June 3, 2026 recorded a positive recovery momentum after a series of previous downward adjustments. According to survey data in key growing areas of the Central Highlands, the bulk purchase price simultaneously increased slightly from 500 to 600 VND per kg, bringing the regional average price level to the threshold of 87,200 VND per kg.

In Dak Nong province (old), the purchase price increased by 600 VND, to 87,300 VND per kg, continuing to maintain the highest position in the region.

In Dak Lak and Gia Lai, prices both recorded an increase of 500 VND, currently trading stably at the threshold of 87,200 VND per kg.

Meanwhile, the Lam Dong area listed a price of 86,700 VND per kg after increasing by 500 VND compared to the previous session.

In other items, pepper prices remained unchanged at the threshold of 139,000 VND per kg, especially the USD/VND exchange rate at Vietcombank recorded at 26,092 VND.

World coffee prices

Developments on international futures exchanges in the nearest closing session continued to witness clear differentiation between the two exchanges.

On the London exchange, Robusta futures for July 2026 delivery continued to maintain green with an increase of 24 USD, equivalent to 0.70%, closing the session at 3,462 USD per ton.

Conversely, the New York exchange recorded Arabica futures for July 2026 delivery down 1.40 cents, equivalent to 0.54%, falling to 259.20 cents per pound. Pressure on Arabica prices mainly comes from a drier weather forecast in Brazil this week, a factor expected to support the resumption of harvesting after a period of interruption due to heavy rain.

Coffee price assessment and forecast

World coffee prices closed in opposite directions on Tuesday, with Arabica prices falling to the lowest level of the nearest contract in 1.5 years.

The coffee market is entering a period of fierce tug-of-war between fundamental factors.

On the one hand, pressure from global supply prospects is weighing heavily on speculators’ sentiment. Reputable organizations such as Coffee Trading Academy forecast that Brazil’s 2026/27 coffee production will increase sharply by 12% over the same period, reaching the threshold of 71.4 million bags, while StoneX forecasts that the global surplus in 2026 may reach 10 million bags.

Coffee exports from our country in the first 4 months of this year increased by 15.8%, which is also a factor putting negative pressure on Robusta prices.

However, the long-term picture still contains many risks for the selling side. Concerns about the El Niño weather phenomenon that is likely to turn into a “Super El Niño” spell later this year, combined with prolonged drought, are directly threatening Brazil’s 2026/27 crop harvest.

At the same time, the closure of the Strait of Hormuz continues to push up transportation costs, insurance and fertilizers, increasing costs for roasters around the globe, thereby maintaining pressure to tighten the actual supply.

In the near future, coffee prices are likely to continue to fluctuate strongly according to weather developments in Brazil. If harvesting conditions in South America are really favorable in June, prices may be under adjustment pressure.

Conversely, if the drought situation in Vietnam continues to prolong, Robusta prices on the London exchange have every opportunity to maintain their upward momentum or break through if inventories continue to maintain at a record low.

• The Overall Gold Trend: Remains in a bearish bias.

• Today’s Gold Support Points: $4455 – $4420 – $4360 per ounce.

• Today’s Gold Resistance Points: $4540 – $4580 – $4640 per ounce.

Today’s Gold Trading Signals:

• Bullish Scenario: Buy Gold from the support level of $4,410 with a target of $4,600 and a stop loss at $4,370.

• Bearish Scenario: Sell Gold from the resistance level of $4,610 with a target of $4,450 and a stop loss at $4,670.

Note: These recommendations are suitable for medium-to-long-term traders, provided there is strict adherence to capital and risk management

Daily Technical Analysis of Gold/US Dollar (XAU/USD):

During yesterday’s trading session, gold prices remained under selling pressure every time they attempted to rebound. The strength of the US dollar, rising oil prices, and increasing pressure on central banks to tighten monetary policy continue to dampen investor appetite for the precious metal. According to top gold trading platforms, gold prices declined from a high of $4,541 per ounce during the session to a support level of $4,463 per ounce at the time of writing.

Gold Selling Scenario Remains the Strongest

According to the technical outlook, the stability of gold prices around and below the support level of $4,500 per ounce will continue to support the sellers’ dominance over the trend. The movement of technical indicators is in a negative bias so far. The 14-day Relative Strength Index (RSI) is below the neutral line. The 100-day Simple Moving Average (SMA) is below the 200-day SMA, and the MACD indicator joins the technical indicators confirming the bearish bias, signaling a stronger downward move until reaching oversold territories.

Via the best trading platforms, and over the past three weeks, gold traded neutrally within a narrow range amid uncertainty surrounding a potential peace agreement between the United States and Iran, as its movements were mostly driven by circulating news.

As is well known, gold, which yields no return, is considered more attractive to investors when interest rates are low. However, this scenario seems unlikely as long as the war continues, as central banks will be more inclined to keep interest rates high to combat inflationary pressures.

Global Banks’ Gold Reserves

In this regard, and according to the European Central Bank (ECB), this was the percentage of gold in foreign reserves held by central banks around the world by the end of 2025. The share of gold exceeded the share of US Treasuries (22%) and the euro’s share (15%). Other dollar-denominated reserves accounted for 20%.

Mainly, this percentage had risen from 20% in the previous year, due to the rise in gold prices, rather than central bank purchases of bullion.

After years of overbuying, these banks’ appetite for increasing their gold holdings has waned as the price of the precious metal has risen (gold has increased by more than a third in the past twelve months).

Some banks have already begun reducing their holdings. At the beginning of this year, Turkey sold or lent a significant amount of gold to defend its currency following the US-Israeli attack on Iran, according to the European Central Bank.

Gold Forecast in the Coming Months

Despite gold’s weakness in recent months, many gold market experts expect the price of the yellow metal to rise by the end of 2026, with banks like JPMorgan forecasting an average price of $5,000 per ounce, while Goldman Sachs has set a target at $5,400 per ounce.

Generally, gold was on track to achieve or exceed those targets after a strong start to the year, hitting a record high of around $5,600 per ounce in January.

However, geopolitical tensions took a toll on the outlook for another strong year similar to 2025, when prices surged by 60%. So far in 2026, the price of gold has risen by 4.5%.

Conclusion:

Obviously, the gold market will remain under selling pressure. Therefore, the prices will continue to experience continuous volatility if the factors currently affecting the markets remain without a radical change.

Trading Advice:

Dear Traders Up trader, despite the dominance of selling pressure in the short term, some long-term investors prefer gradual buying on dips. Strictly, it is essential to adhere to capital management and set stop-loss levels to mitigate risks.

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Copper price continued forming bullish waves, achieving clear gains by reaching $6.6300 level, facing the recently achieved historical top to settle near it.

Note that the positive factors that are represented by forming extra support at $6.2500 level, and providing positive momentum by the main indicators, which makes us keep the bullish scenario, to expect targeting new historical stations that might begin at $6.7400 reaching $6.9400.

The expected trading range for today is between $6.4700 and $6.7400

Trend forecast: Bullish

Coffee price activated the previously suggested bearish trend by providing new negative closes below the broken support at 276.00, to form a strong barrier and form some bearish waves, approaching the initial target at 259.60.

Note that stochastic stability within the oversold level will increase the chances of gaining extra negative momentum, to resume the bearish attempts that might target 243.40 and 233.70 level.

The expected trading range for today is between 243.40 and 270.00

Trend forecast: Bearish

Breakout Triggers and First Resistance Cluster

A bullish breakout of the downtrend line and 20-day moving average will have also been triggered by then. That would leave resistance near the 50-day moving average at $4,634. Once reclaimed, an initial bullish trend reversal will be confirmed. The lower swing high at $4,774 and 100-day moving average at $4,802 target zone follows.

Weekly Structure Points to Larger Move

The weekly chart may clarify the recent low volatility environment. Last week completed a potentially bullish hammer candlestick pattern with a high of $4,595. A decisive breakout above that level would signal a bullish reversal on the larger time frame to go along with a trendline break confirmation.

If you’d like to know more about how to trade gold and silver, please visit our educational area.

Today’s Gold Analysis Overview:

• The Overall Gold Trend: Bearish.

• Today’s Gold Support Points: $4445 – $4410 – $4340 per ounce

• Today’s Gold Resistance Points: $4530 – $4580 – $4640 per ounce

Today’s Gold Trading Signals:

Note: These recommendations are suitable for medium-to-long-term traders, provided there is strict adherence to capital and risk management

Daily Technical Analysis of Gold/US Dollar (XAU/USD):

The price of gold has been experiencing cautious movements during recent trading sessions, amid overlapping geopolitical factors and US monetary policy expectations, which places the precious metal within a narrow trading range with a clear bias toward near-term downward pressure.

The gold price declined to the brink of the $4,445 per ounce support, which reinforces the control of the bears. Across the best gold trading platforms, the high for the yellow metal at the start of the trading week was the resistance level of $4,546 per ounce.

Overall Trend for Gold

The general trend for gold still tilts downward in the short term, with sellers maintaining control over price action, especially after prices failed to sustain their recent gains near immediate resistance levels.

Conversely, any upward attempts remain contingent on the market’s ability to absorb the pressures resulting from the strength of the US dollar and expectations of a prolonged period of tight monetary policy.

Key Factors Influencing Gold Prices

Gold prices are currently impacted by several key factors, most notably renewed geopolitical concerns in the Middle East, particularly with escalating tensions regarding energy supplies and the potential impact on oil movement through vital corridors.

These developments are fueling global inflation fears, but simultaneously bolstering the strength of the US dollar, as investors tend to hedge against uncertainty in the US currency, which puts additional pressure on gold.

Furthermore, forecasts indicate that sustained high energy prices could prompt central banks, led by the Federal Reserve, to keep a tight monetary policy in place for longer than expected—an additional negative factor for gold’s performance.

Daily Technical Outlook

Technically, gold is moving within a clear downward range on the daily timeframe, with lower highs gradually forming, reflecting the continued weakness of upward momentum. Technical indicators point to a continued bearish bias, with the Relative Strength Index (RSI) moving near weak mid-levels, while the Moving Average Convergence Divergence (MACD) indicator reflects continued downward momentum.

Trading below key moving averages reinforces the medium-term downtrend, unless a clear breakout from major resistance levels occurs to reverse this trend.

Support and Resistance Levels

Gold continues to move between important technical levels, where current support zones represent crucial points for determining the next directional move, while resistance levels form a barrier against any bullish recovery attempts.

If prices manage to hold near support levels, we may see limited rebound attempts, while a break below these levels would signal continued selling pressure.

However, if buyers manage to regain momentum, a return above key resistance levels could reopen the scenario of a gradual short-term recovery.

Expected General Scenario

The bearish scenario remains the most likely in the near term, given the ongoing strength of the dollar and increasing expectations of tight monetary policy, alongside the geopolitical uncertainty that may fuel volatility without shifting the overall trend. However, any fundamental change in inflation data or the US Federal Reserve’s stance could reshape the technical picture for gold in the coming period.

Trading Tips:

Dear TradersUp trader, some traders prefer to follow a strategy of buying gold during sharp price declines, with the absolute necessity of strict adherence to capital management and setting stop-loss levels to mitigate risk. Any trade remains conditional upon additional confirmations from market action and avoiding random entries without clear technical signals.

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Natural gas price failed to resume the bullish trend by facing the moving average 55 near $3.360, to form some corrective waves by approaching the initial support at $3.150 level.

Note that the stability below the moving average 55 might force it to delay the bullish trend and forming some sideways trading, with a chance to decline near $2.950, while gathering positive momentum will provide chances to renew the pressure on the moving average 55 to find an exit to record extra gains that might begin at $3.520 reaching $3.680.

The expected trading range for today is between $3.000 and $3.350

Trend forecast: Fluctuating

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Copper price settled again above the extra support level near $6.1000, benefiting from providing positive momentum that comes from stochastic, forming some bullish waves to press on the barrier at $6.4000, to form a key for resuming the bullish trend.

Providing positive momentum by the main indicators makes us wait for breaching the barrier and holding above it, to reinforce the chances of recording extra gains that might begin from $6.5600 reaching the next main target near $6.7500.

The expected trading range for today is between $6.2500 and $6.5600

Trend forecast: Bullish