A-Jamie

Gold rebounded and corrected this week. The bulls are not strong. Gold just rebounded. The market did not reverse and it was not big. Frequent long and short transactions between 2340-2320 are desirable, but pay attention to the number of lots. At present, you can go long for a short time, with the target of 2335. I will publish the trading information of this week in the idea. Thank you for your attention.It is about to break through 2330, continue to hold and wait for profit at 2335.Already broke through 2330.Still continue to go long today, target 2335

On June 4, Tuesday, in the early Asian session, it was reported at $2,332.41 per ounce. It rose nearly 1% on Monday to close at $2,350.28 per ounce, as weaker-than-expected U.S. economic data solidified expectations that the Federal Reserve will cut interest rates later this year, driving down the dollar and bond yields, helping gold prices rebound from near the 55-day moving average. News interpretation: Because the weaker-than-expected U.S. PMI data increased the Fed's expectations of a rate cut, the spot strengthened, reaching a high of 2354.72, and rose by more than 1% during the day, and finally closed up 1% at $2350.20/ounce. The weak performance of recent data has begun to support investors' views that the Fed will start to cut interest rates in about three months. The main U.S. economic data this week will be the May employment data on Friday, and the May consumer price inflation report on June 12 will be the next major focus. I think if the non-farm payrolls increase by 150,000 or less in May, this may trigger a sell-off in the U.S. dollar, prompting gold prices to turn upward. An increase between 200,000 and 250,000 may be seen as a "good enough" number, and the Fed can continue to focus on inflation dynamics without having a long-term impact on the valuation of the U.S. dollar. Analysis of gold trend: From the daily line, gold was basically in a volatile market last week. It failed to break through the two attacks of 2360-2365 US dollars on Tuesday and Friday. This shows that there is strong resistance in the 2360-2365 US dollar area. Here, the market below is dominated by shorts. If it breaks upward, there will be room for bulls to rise. It is necessary to pay attention to the 2400 mark and the historical high area before falling again. In terms of support, 2300 US dollars, 60-day moving average, and the last wave of bulls' rise point of 2280-75 US dollars are the focus. Gold continued to fall and break the bottom in the Asian session. The price formed a double-needle bottom near 2314. There was no second decline in the European session, and the rebound broke the early high of 2330. Gold continued to rebound upward in the evening, and the high touched 2345. At the 4-hour level, gold is still in a volatile downward trend. Gold broke a new low during the day but did not form a unilateral decline, and it still returned to the oscillation range. The market trend is circuitous and volatile. You can make profits by operating high and low. Short-term operations during the day are mainly low and high, and rebound high and high are supplementary.Gold operation suggestions: 1. Go short once when it reaches 2348, and go long again when it pulls back to around 2330; 2. Go long when it pulls back to around 2330, sl2322, and the upper target is 2358 short-term target.This line may rebound.Today's transaction has been successfully profitable.Today has been profitable, there is no good time to trade at the moment, I wish you all a nice night

After the sharp rise in gold, the market did not continue and continued to rise and fall. The bulls just tried to resist, but they were still unable to do so. Gold is still in a short trend, and the current price is 2345. It is directly short! The 1-hour moving average of gold continues to cross downward and the short positions are arranged. The short positions are not over yet, and there is still room for decline. The U.S. market is closed early tonight. The market is likely to fluctuate, so if it rises, don’t chase long, or continue to be short under pressure. The current price of gold is 2345, so you can go short first. If you go in the wrong direction, your efforts will be in vain; if you go in the right direction, you will get twice the result with half the effort. Every time there is a big fluctuation in the market, what the losers see is fear, and what the winners see is opportunity. The rebound of gold is limited. Even if you have the idea of ​​going long, you must wait until it falls back. At most, the current price is a volatile market. Anyway, we are watching. Short, the rebound gives us the opportunity to go short.You can currently wait for gold to rise to 2360, and then continue to short. Target 2353There are 10 minutes left before the release of unemployment benefit data, which is expected to be bearish for gold.Today has been profitable, there is no good time to trade at the moment, I wish you all a nice night