RoryKelvin

From the 4-hour analysis, the short-term support below during the day is around 3335-40. If it stabilizes above this position, we will continue to see a strong upward rhythm of bullish shocks. Focus on the support at 3320-25, and focus on the suppression at 3400-3405. The main tone of low-multiple participation remains unchanged around this range. For the middle position, watch more and do less, and be cautious in chasing orders.Gold 3338-45 line to cover long positions, stop loss 3332, target 3380-3385 ​​line, break to see 3400-05 line

From the 4-hour analysis, the support below is around 3354-62. If the daily level stabilizes at this position, we will continue to see a strong upward rhythm of bullish shocks. Focus on the support at 3340-45. Pay attention to the suppression at 3395-3400. The main tone of low-multiple participation remains unchanged around this range during the day. For the middle position, watch more and do less and be cautious in chasing orders.Gold falls back to 3355-3364 and goes long. Fall back to 3340-45 and add to long positions. Stop loss at 3336. Target at 3395-3400Currently this week our account profit has reached 200%+. We have successfully predicted the gold trend. If you want to learn about gold trading strategies or need free trading signals, you can contact me to get rid of losing accounts and get stable profits every week.

Recently, the gold market has been turbulent, and the price trend has been up and down like a "roller coaster". The gold price has experienced a sharp rise and fall in a short period of time. This drastic fluctuation not only reflects the volatility of market sentiment, but also highlights the complexity and uncertainty of the gold market. Under this situation, everyone has truly felt the unique "speed and passion" of the gold market.Gold prices once fell below the key psychological level of 3,300, reaching a low of 3,288. This was mainly due to the rebound of the US dollar index from a low of more than a month, and the easing of concerns caused by the international trade situation. Although some bargain hunting intervened later, prompting gold prices to rise slightly to around 3,308, the market still focused on the international trade situation, the outlook for US fiscal policy, and the Federal Reserve's monetary policy trends. The main reason for the decline in gold prices this time was the sudden strengthening of the US dollar. Given that gold is denominated in US dollars, the appreciation of the US dollar directly reduces its attractiveness to non-US dollar holders, thereby exacerbating market selling.In summary, the current spot gold market is affected by many factors and the trend is relatively complicated. It is recommended to short gold in the 3320-3325 resistance area, and go long in the 3280-3285 support area below. You can continue to go long after the decline stops. Remind everyone to pay attention to the stop loss; Overall, the short-term operation strategy for gold tonight is to go short on rebounds as the main, and go long on pullbacks as the auxiliary. The short-term focus on the upper resistance of 3320-3325 is the focus, and the short-term focus on the lower support of 3285-3280 is the focus.Operation strategy:1. It is recommended to go long in the 3285-3280 area when gold pulls back, with a stop loss at 3377, and the target is 3300-3310. If it breaks, hold2. It is recommended to go short in the 3320-3325 area when gold pulls back, with a stop loss at 3333, and the target is 3305-3295. If it breaks, hold

Today's opening did not rise directly. It opened low and then rebounded at 3332 to 3356, which was considered to have filled the gap. But it still failed to go up. The hourly line was suppressed below the short-term moving average and weakened. Now the price has returned to the low point of 3332, and the overall trend is basically maintained in a volatile and bearish trend.So far today, although it fluctuates downward, it has been running above it. From a technical point of view, there is no big problem with a step-back after breaking, which is a very normal trend.As long as it does not fall below the resonance intersection position of the upper rail pressure line of the channel and the rising trend line here, it will still look upward in the short term. This position is about 3322-3324, which is also the second rising point of the European session on Friday.However, if a large negative line or continuous negative lines break down, then in the short term it will maintain sideways fluctuations above the 3280-3270 support level and then accumulate momentum for an upward attack. I prefer this situation.Because the European session has been weak and falling, the rebound will continue to be bearish and we should expect a second decline. Focus on the 3340 line and stop loss if it breaks 3350. The target is 3324-3320. If it breaks, look at the 3280-3270 support. You can go long if it is touched!

After Trump suggested a 50% tariff on EU imports from June 1, he also said Apple would pay a 25% tariff on iPhones sold in the United States but not made in the United States. Global stock markets plunged last Friday, and the appeal of gold as a safe-haven asset increased with geopolitical and economic uncertainties.After gold confirmed the bottom at 3120, it broke through the key resistance of 3150 and started a strong rise, reaching a high of 3365. The market's bullish sentiment has not changed in the short term, and the bullish trend is expected to continue this week, with the target of 3400. From a technical perspective, the daily Bollinger middle track near 3280 is a strong support. If it does not effectively fall below, the probability of a weakening trend is low; the H4 cycle is affected by the previous rapid rise and is currently entering a shock correction stage. The Bollinger band needs to wait for new momentum to drive a second upward movement.According to the current four-hour trend analysis, the focus below is on the 3330-3320 range support, and the focus above is on the 3380-3400 resistance. In terms of overall strategy, maintain a bullish mindset before breaking 3320 to avoid blindly guessing the top.Gold recommendation: Buy when it falls back to around 3328-3332, stop loss at 3320, target at 3370, and buy on dips in the overall trend

From the 4-hour market analysis, pay attention to the 3378-80 line of pressure on the top, and the 3320-25 line of short-term support on the bottom. Focus on the 3300-3306 line of support. Relying on this range for the time being, the main tone of low-long participation remains unchanged. In the middle position, watch more and do less, chase orders cautiously, and wait patiently for key points to enter the market.Gold operation strategy:Go long on gold if it falls back to 3320-3325, stop loss at 3307, target at 3366-3370, break to 3378-85;