Technical analysis by Mark-VIP008 about Symbol PAXG on 6/4/2024

Last week, the US PCE data was in line with expectations, with the core PCE lower than expected. The US inflation cooled faster than market expectations, and the probability of the Fed cutting interest rates in September rose slightly to 51%. On Monday, the US ISM manufacturing PMI slowed for the second consecutive month, new goods orders hit a two-year low, and construction project spending also unexpectedly fell, indicating that the US economy seemed to be slowing down, consolidating expectations that the Fed will cut interest rates this year, helping the probability of a rate cut in September to rise to 61%. Although the market has increased bets on the Fed's rate cut, considering that the previous meeting minutes and the Fed's speeches were both hawkish, the data may be difficult to change the Fed's current wait-and-see attitude, which limits the rebound of gold.Although the market is betting more on the Fed's rate cut, the Fed may continue to maintain its current wait-and-see attitude, which still puts pressure on gold. Currently, gold is testing the support near $2,331, and there is a risk of losing it. If it breaks down, it will have the opportunity to test $2,323 and $2,314, and pay attention to the integer position of $2,300; if the gold price stabilizes, pay attention to $2,338, followed by $2,345 and $2,354, and the operation is to carry out high-altitude and low-multiple thinking.Operate in the golden range, short at highs and long at lows.If your recent transactions are not going well, you can contact me. This will be your most correct choice. As long as you have funds in your account, I will double your account profits within a week.This week's planned profit is still above 200%. If you want to join, please contact us.This week's planned profit is still above 200%. If you want to join, please contact us.Don't run around like a headless fly. You can contact me. My weekly profit has exceeded 200%.Don't run around like a headless fly. You can contact me. My weekly profit has exceeded 200%.Don't trade emotionally, entering the market to make money is our goal. If your trading is illogical, you can contact me and I will help you.Don't trade emotionally, entering the market to make money is our goal. If your trading is illogical, you can contact me and I will help you.If you want to get the safest trading plan, please contact me.Don't trade emotionally, entering the market to make money is our goal. If your trading is illogical, you can contact me and I will help you.Hope it helps youHope it helps youIf you want to get the safest trading plan, please contact me.If you want to get the safest trading plan, please contact meProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.The US will release unemployment benefits data in ten minutes.My analysis is making money, if you want to follow my trading, you can contact me, the profit can reach 200% in a week.My analysis is making money, if you want to follow my trading, you can contact me, the profit can reach 200% in a week.Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Today, gold continues to be short-selling, 2300-2305 short orders are entered, and the 2280 area is concerned belowProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.It is recommended to treat gold with a volatile mindset today. The upper pressure is at $2,314. A break above this level may lead to a short-term rebound. Continue to pay attention to $2,328. The lower support is at $2,297. A loss here may increase the short-term decline. Continue to pay attention to $2,286 and $2,277.Hope it helps youProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.If your trading is not going well, or you want to expand your profits, you can contact me.If your trading is not going well, or you want to expand your profits, you can contact me.Hope it helps youGoing long on gold, I made a profit of 230 points, which is a very good profit. If you are still losing money, please contact me as soon as possible.Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meToday, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Today, both long and short positions have made profits, which is a very good profit. If you see my analysis and follow it, you will also make a good profit at this time. If you want to get a trading plan, you can contact meHope it helps youProfit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.Profit is the only purpose of our entry into the market, so don't waste your opportunities, if your transaction is not going your way, you can contact me as soon as possible.