Fortune-signal

News:The US economic data in April was weak across the board, with the producer price index (PPI) unexpectedly falling by 0.5%, retail sales growth plummeting to 0.1%, and manufacturing output falling by 0.4%, which severely hit the market's confidence in the US economy. Affected by this, the US bond market fluctuated violently, with the 10-year US bond yield plummeting by 11 basis points and the 2-year yield plummeting by 9.2 basis points; the US dollar index fell by 0.2%, and the real interest rate fell. At the same time, geopolitical risks continue to heat up. The Russia-Ukraine peace talks have reached a deadlock, Putin refused to meet with Zelensky, and the Iran nuclear agreement negotiations have not progressed smoothly. Against this background, the safe-haven attribute of gold has been highlighted, and market attention has increased significantly. Looking ahead to this trading day, a number of important US economic data will be released soon, and the progress of the Russia-Ukraine talks and Trump's dynamics are also attracting much attention. These factors will continue to affect market trends.Technical aspect: From the perspective of the daily line, gold can no longer be regarded as a unilateral decline after yesterday's bottoming out and rebounding. It should be directly followed by the idea of ​​oscillation! The primary focus today is still the position of the dividing line of 3200.Trading idea: Go long if it doesn’t break around 3200, sl3190, target 3230Gold is falling rapidly in the short term, pay attention to the support near 3200

News: The gold market has been experiencing violent fluctuations recently, with a significant correction from historical highs, triggering heated discussions in the market. Its price decline is mainly driven by two major factors: First, global trade tensions have eased. China and the United States have significantly reduced tariffs and suspended some tariffs for 90 days, which has greatly boosted market risk appetite. Investors have evacuated safe-haven assets and the demand for gold has declined. Second, the U.S. dollar index has bottomed out, and U.S. Treasury bond yields have also hit a six-week high. The 10-year Treasury bond yield has exceeded 4.5%. The Fed's adjustment in interest rate cut expectations has made non-interest-bearing assets such as gold less attractive. However, geopolitical risks have not completely dissipated, and the US-EU trade negotiations have progressed slowly, which may re-boost gold's safe-haven demand in the future. In the short term, trade optimism and a stronger US dollar may continue to suppress gold prices; but in the medium and long term, geopolitical uncertainty, inflationary pressures and central bank demand for gold purchases will provide support for gold prices.From the four-hour level, a double top is formed at the 3500 and 3440 positions above. Gold continued to fall after breaking below 3200. The continued decline has released a clear short signal.The focus below is on the weekly 3100 area support.The ultimate goal of this round of adjustment is to look at the 3030-2980 rangeIf you often lose money or make little profit in trading, you can check out my profile, I hope it will be helpful to you.In the short term, gold continues to decline. If you have made a short order, congratulations on making a profit again!

Technical aspects：The pressure area of ​​gold is concentrated in the range of 3250-3260. If the market remains weak and under pressure, it will be difficult for gold prices to break through this area. The key support around 3210-3200 should be focused on for gold to go down. If the gold price falls below the support of 3200, it may trigger a waterfall-like decline, and the expected support bottom is in the area of ​​3100-3050.In terms of operation, you can wait for the opportunity to rebound and come under pressure after the position is broken, and take advantage of the trend to place short orders. It is important to remember that 3200 is like a key line of defense. Once it falls, it will trigger a chain selling.Gold has fallen sharply in the short term. If you have shorted at a high level, I believe you should have some profit now.

Gold's 1-hour moving average continues to turn downward. If it crosses below to form a downward death cross, then gold's room for decline may further open up. The short-term short position of gold has not ended yet. Gold has a trend of falling again. The short-term trend of gold is still short.Trading ideas: short gold near 3325, stop loss 3340, target 3290Personally, I think we can short gold on rallies

After gold fell below 3400 today, it ushered in a big decline, falling directly below the key position of 3350. Since gold breaks down, let’s take advantage of the trend and go shortSince the bullish volume of gold market has been released, the bullish trend of gold needs to be repaired in the short term before it can rise further.Trading idea: short gold near 3347, stop loss 3360, target 3327

Gold is under pressure around 3400. Today we will have the Fed's interest rate decision and Powell's speech. If gold is under pressure at 3400, it is expected to fall. Before the data, we need to be cautious. In terms of trading ideas, we can short short-term, pay attention to the short near 3393-96, stop loss 3403, take profit 3360/3350Gold rebounded to around 3398 and then fell slightly. Currently, our short position is making a small profit.Congratulations to those friends who followed the gold long order, you have already made some profitsAt present, our gold short position has gained 15 points of profit. Before the data is released, we need to be cautious. Gold short positions can be closed gradually.Our two gold short orders today were very profitable. If you want to keep up with the next trading idea, you can check my personal profile and I will wait for you there.

Gold has reached a high of around 3404, so this position can be used as an important pressure point. In this continuous upward trend, once there is a sharp decline, it is likely to be a signal that the short-term bulls have peaked. Then we need to consider whether the bears can reverse, and the current upper pressure point is also the high point of the last wave of pullback near 3393, and the lower support is at 3360.Trading idea: short near 3387, sl: 3400 tp: 3370Gold can still be shorted on ralliesThe gold 5-minute chart continues to fall, and our short order has already made some profits.I will continue to bring the latest trading analysis later. You can check my personal profile and you can keep up with it in time.Gold continues to fall and is now close to the target level of 3370

Gold hit a new high, with the high point near 3397. From the gold hourly chart, 3397 is still an obvious pressure, and the support below is around 3368We can go short around 3397, and then go long when it falls back to 3368Gold fell in the short term, and our short position has made a profit of 12 pointsGold has plummeted in the short term, but our short profit continues to increase significantly. Congratulations to our friends who have followed up with gold short orders!

In terms of news: Major events over the weekend include the conflict between Russia and Ukraine, the sudden change in the situation between India and Pakistan, and the progress of Sino-US negotiations: Although India and Pakistan announced a truce, India's surprise attack turned the agreement into a joke. The high-level economic and trade talks between China and the United States are still continuing in Geneva, and it is difficult to have clear results in the short term. The war between Russia and Ukraine is still in a stalemate. The superposition of multiple events has injected uncertainty into the market.Technical aspects: Pay attention to the pressure in the 3360-3380 area. If it stands firm at 3346, it can fall back to arrange long orders. If it directly breaks below 3300 at the opening, pay attention to the support near 3280 - this position is likely to be lost, and effective support depends on the downward pattern formed after the 3260 break, and the ultimate target is 3200.Gold fell below 3280 and 3260 one after another. In the short term, the short position of gold is relatively strong. If there is a rebound, short selling is still the main strategy.

News: Gold rose sharply, mainly because Trump announced a 100% tariff on all films produced abroad and entering the United States, which once again triggered global trade tensions. At the same time, the conflict between Russia and Ukraine is still ongoing, and the situation in the Middle East has become tense again. For example, Israel’s missile attacks retaliated against the Houthi armed forces in Yemen and Iran. These have stimulated gold’s safe-haven properties and pushed up gold prices.Technical aspect: Gold bulls are strong, so there is a certain risk in shorting gold. The point of concern below is the low of 3323. If gold continues to maintain its strength, it is impossible to fall below the 3323 line again.Trading ideas: Buy gold near 3338, stop loss 3330, target 3360