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!

My article today emphasized that gold may fall below 3200. Sure enough, it did so without hesitation today and fell to around 3175 in the short term. At present, gold has rebounded, and the short-term pressure is around 3200, so you can short at this position.In the short term, focus on the support near 3160 below. If it falls below, there is still room for gold to fall.After a short-term rebound to around 3200, gold continued to fallFriends, have you made any short orders near 3200? You should have made some profit now. Then continue to pay attention to the support near 3160 below.I will publish the latest trading ideas every day. If you often lose money or you can't find the secret to trading, you can check my personal profile. I hope it will be helpful to you.

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 has an obvious double bottom structure at the bottom, and gold has an obvious bottom signal near 3210Trading ideas: Buy gold near 3238, stop loss 3220, target 3270If you often lose money or make little profit in trading, you can check out my profile, I hope it will be helpful to you.Our gold once again achieved substantial profitsGuys, our gold long position profit continues to increase. If you are inexperienced, you can close the position in batches.

Gold stabilized after touching the support of the 3193-3202 rising trend line. Although the US market rebounded, it did not form an effective breakthrough. In the short term, it is still dominated by shorts.Short-term strategy: Before 3200 is broken, you can go long on dips. If it falls below, stop the loss decisively, and use a small stop loss to game the potential bull reversal. Whether the 3250 pressure is broken or not determines the short-term directionGold is long near 3220. If it stands at 3250, it may break through 3280/3300.Gold is currently rebounding to around 3250. Have you made money from your long gold position?If gold can hold steady at 3250, there will be room for further gains.If you often lose money or make little profit in trading, you can check out my profile, I hope it will be helpful to you.

Due to the ceasefire between India and Pakistan and the easing of the Sino-US trade war, gold opened directly and fell below 3280 and 3260 successively, so the decline of gold will continue.From the gold hourly chart, the focus below is on the 3200 integer mark. If it falls below 3200 and cannot effectively stabilize, then gold will have a big double top here, and the next decline will extend to around the 3000 integer mark. On the contrary, if the 3200 mark is not broken, then the bulls will fight back, at least they will fill the gap againSo in terms of operation, it is not recommended to chase the short now. If you want to go long on gold, you can wait for it to fall back to the 3200-3210 area and stabilize before buyingShort-term trading ideas: short gold rebounds to 3250 area, stop loss 3260, tp3220

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.

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