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https://www.tradingview.com/x/PqUUY1tr/The trend of the one-hour chart of gold in the early trading session began to turn around. The rapid decline in the early trading session indicated that the rebound trend has basically come to an end. Then, if gold fluctuates and adjusts slightly, it will continue to fall. Our operation ideas today will also turn to rebounding high and high. The upper pressure level is still the key turning point pressure level of 2315!At present, the market has experienced a night of high-level fluctuations. At present, the bullish momentum is exhausted, but during the period of shock adjustment, the upper moving average pressure level has only been lowered to 2328. At present, it still maintains a large deviation from the gold price. It is expected that the market will not fall directly in the early trading session, and the market will maintain the existing shock trend! The market rises and falls are not all-inclusive every time. Stick to your position, have determination, and you will definitely be able to withstand temptation! So in the early trading session, you can wait for the gold rebound to reach the key pressure level of 2315 before shorting! The first target of the decline will be the 2300 mark!Specific strategyGold 2315 short, stop loss 2323, target 2300During the gold rebound, we just need to waitGold rebound repair can not change the bearish trend

https://www.tradingview.com/x/m97SV9iH/On the last trading day of last week, the US non-farm payrolls data was released, showing unexpectedly strong growth momentum. These two pieces of bad news were like a bombshell, causing the gold price to experience a big drop in a short period of time. The gold price plummeted from a high of $2,387 to a low of $2,286, with the largest single-day drop of up to $100, causing an uproar in the market. The weekly line closed with a negative line with a clear upper shadow line, and the gold price has been on a downward trend for three consecutive weeks.At the same time, the unexpectedly strong US non-farm payrolls data caught gold bulls off guard. The expected safe-haven demand was greatly discounted due to the strong performance of the job market, and the gold price was forced to pull back to below the integer mark of nearly $2,300. Faced with such a severe market situation, traders have become particularly sensitive to the future monetary policy trends of the Federal Reserve. The market expects that the possibility of the Federal Reserve cutting interest rates in June or July has dropped significantly, and this week's meeting may provide some clues to the interest rate cut policy later this year.As for the timing of the Federal Reserve's first interest rate cut, the market generally expects that it may be postponed to November, rather than the original September. This change makes investors full of uncertainty about the future trend of the gold market. In the coming week, the market will pay close attention to a series of important economic data to find clues to the trend of gold prices.On Wednesday, the announcement of the US CPI and the Federal Reserve's monetary policy decision will become the focus of the market. The release of these two data will directly affect the market's expectations of inflation and monetary policy, and thus have an important impact on gold prices.On Thursday, the release of the US PPI, the number of initial jobless claims for the week, and the monetary policy decision of the Bank of Japan will also attract widespread attention from the market. The release of these data will further reveal the direction of the global economy and monetary policy and provide investors with a basis for decision-making.On Friday, the release of the preliminary value of the University of Michigan Consumer Confidence Index is also worth looking forward to. The index is an important indicator for measuring consumers' future economic conditions and willingness to buy, and has a certain reference value for predicting the trend of gold prices.From the market point of view, after hitting a low of $2386.70 on Friday, the rebound closed at $2293. The rebound was not large, and it basically closed near the lowest point. That is to say, after a continuous decline, the bulls' rebound momentum is still weak, and the bears still firmly control the initiative of the market. Therefore, there will not be much room for rebound at the opening of this week. The focus is on the integer mark of 2300 and the previous low support of $2315. Here, there is suppression converted to suppression.It is not difficult to find that there are many rebounds during the whole decline, and the amplitude of the rebound is relatively limited. At most, it rebounds upward by fifteen dollars. Therefore, the rebound opportunity of 2300 in the morning of this trading day is the entry point, and the focus below is 2290/2285.In terms of time rhythm, a single trading day continues to decline, especially after the night market continues to hit a low, the opening of the next trading day is the correction time point, and the short order is followed up with the rebound of the market during this period.In general, the market in the morning of this trading day is around 2300, and it will fall under pressure first, and the 2290/85 position will be focused on below.International Gold Layout, for reference only:Short-term: Directly short at 2300, stop loss 2308., target 2290/2285!Let's wait together for it to go downGold is rebounding, we continue to be bearishNon-agricultural data suppressed expectations of interest rate cuts, and gold prices fell stronglyGold started to fall after a brief adjustment. Affected by the non-agricultural data, gold has adjusted its general direction.We just need to wait for the take profit position to be reachedGold reaches our take profit position perfectlyTP

https://www.tradingview.com/x/Tm2C8XRx/On Friday (June 7), the spot gold market encountered a sudden storm. The release of the US non-farm payrolls data unexpectedly showed strong growth momentum. These two negative news caused the gold price to fall all the way, from a high of $2,387 to a low of $2,286, with the largest single-day drop reaching $100. So far, the gold price has been on a downward trend for three consecutive weeks.According to data released by the US Department of Labor, the number of new non-agricultural jobs in May was as high as 272,000, which was not only far more than the 165,000 in the previous month, but also higher than the market's expected value of 180,000. This strong employment growth trend has obviously reduced the market's expectations for the Federal Reserve to cut interest rates in the short term. At the same time, the unemployment rate also rose slightly to 4%, higher than the market's original expectation of 3.9%. Although this small increase seems insignificant, considering that the unemployment rate has remained below 4% for 27 consecutive months, setting a record since the 1960s, this change has attracted widespread attention from the market.On the other hand, Bloomberg reported on Friday that after 18 consecutive months of uninterrupted purchases, the People's Bank of China maintained its gold holdings at 72.8 million ounces in May. However, the central bank's decision to suspend gold purchases has undoubtedly dropped a bombshell on the market, removing an important pillar that has supported gold prices to hit record highs many times. At the same time, the unexpectedly strong US non-farm payrolls caught gold bulls off guard, and gold prices were forced to pull back to below the round mark of nearly $2,300.Faced with such a market structure, traders have become particularly sensitive to the future monetary policy trends of the Federal Reserve. The market expects that the possibility of the Federal Reserve cutting interest rates in June or July has dropped significantly, and next week's meeting may continue to lay the foundation for a rate cut policy later this year. As for the timing of the Fed's first rate cut, the market generally expects that it may be postponed to November, rather than the original September.In the coming week, the market will pay close attention to a series of important economic data. On Wednesday, the announcement of the US CPI and the Federal Reserve's monetary policy decision will bring new guidance to the market. On Thursday, the release of the US PPI, the number of initial jobless claims for the week, and the monetary policy decision of the Bank of Japan will also have an important impact on the market. On Friday, the release of the preliminary value of the University of Michigan Consumer Confidence Index is also worth looking forward to.From the market trend, the price of gold stabilized at $2,315 on Wednesday and Thursday and then rose, successfully breaking through the suppression levels of $2,354 and $2,364, and once hit the high of $2,388. However, with the successive impact of negative news, the bulls' offensive quickly collapsed and turned into a market pattern dominated by bears. On the daily chart, the price of gold closed with an extremely long negative line, breaking through the support level of $2,315, approaching the low point of the previous round of correction, and finally reaching a low of $2,286.70.The decline in the price of gold this time was far beyond expectations, which was contrary to our judgment on the entire correction since the high of $2,450. Prior to this, we had always regarded the market's correction as a correction to the previous gains, and when the gold price hit $2,315 again in the middle of the week, we thought that this area might form a double bottom support, and expected the market to gradually turn to bulls. However, the dive after $2,388 was completely beyond our expectations, and the negative impact of non-agricultural data was far beyond our imagination.For the trend next week, we need to pay attention to the following points:First, due to the sharp drop in gold prices this week, and the decline is too large, the market may rebound and correct when it opens next week. In this process, we need to pay close attention to the performance of the $2,285 support band, and expect the market to rebound to a certain extent at the beginning of the week.Secondly, due to the large and powerful decline, the market is less likely to turn directly to bulls. In this case, the previous low of $2,315 may change from support to suppression, and we can consider short selling when it rebounds to this position.Finally, from the perspective of the large cycle, although the gold price fell by more than $100 this week, the increase in spot gold this year is still more than 10%, and the overall market still shows a strong upward trend. However, whether it is the first time to refresh the historical high above $2430 or the current impact of $2450, the area above $2400 shows obvious pressure. Therefore, we believe that the current decline is still in the correction category, and investors can take advantage of this round of downward correction to intervene in the long-term operation of the band.Specifically, pay attention to the support low of $2385 at the opening of next week, and look at the rebound first. Pay attention to the suppression level of $2315 above. The first few rebounds on the market have touched this position. We can consider shorting around $2315.I wish you all a happy weekend, and I hope my analysis is helpful to youHave you not opened a real account yet?I said the decline would continue next week.The current downward trend is still in the correction categoryPlease be prepared for trading, the opening time is very close

https://www.tradingview.com/x/TXLOHf18/Central banks in many countries have announced interest rate cuts, including Canada, Sweden, Switzerland, and the European Central Bank has also cut interest rates. These measures not only reduce the opportunity cost of holding safe-haven assets such as gold, but may also ease inflationary pressures, making safe-haven assets such as gold relatively less attractive. Investors' safe-haven demand for gold may decline.The recent Israeli air strikes on the Gaza Strip have led to an increase in geopolitical risks, resulting in many casualties. This geopolitical uncertainty has driven investors' demand for safe-haven assets such as gold, thereby supporting gold prices. However, this support may only be temporary. If the geopolitical situation eases, gold prices may also face correction pressure.The non-farm payrolls data for May released by the U.S. Department of Labor showed that the number of new jobs in the non-agricultural sector in the United States in May was 272,000, far exceeding market expectations, and the unemployment rate also rose. This strong employment data directly led to a cooling of market expectations for the Fed's interest rate cut. Traders adjusted their expectations for the Fed's interest rate cut at the end of December from 48 basis points to 37 basis points, and expected the first interest rate cut to be more likely to occur in November rather than September. This has had a significant impact on the gold market, because gold, as an interest-free asset, is relatively less attractive in an environment of rising interest rates.After 18 consecutive months of gold purchases, the People's Bank of China suspended its purchases in May. As the world's largest gold consumer, the decision of the People's Bank of China was interpreted by the market as a reduction in demand for gold, which intensified the downward pressure on gold prices. Although analysts pointed out that this may be just a return to the market's more price-sensitive operating mode, it will still have a certain negative impact on the gold market in the short term.Gold fell nearly $100 from this week's high on Friday due to a series of factors such as non-agricultural data. From a technical perspective, the gold market will first focus on the adjustment strength of gold next week and adjust positions to short gold. Next week, investors need to pay close attention to important financial data and events such as the US CPI, the Federal Reserve's monetary policy decision, the US PPI, the number of initial jobless claims that week, and the monetary policy decision of the Bank of Japan. These events will have a profound impact on the gold market, especially the Federal Reserve's monetary policy decision, which may further clarify the market's expectations for interest rate cuts.I predict that gold will rise first and then fall next weekThe general direction will continue to be bearish next weekHave a nice weekend, ladies and gentlemen.Monday layout emptyGold’s downtrend has begun and will continue next weekHave you not opened a real account yet?I said the decline would continue next week.The current downward trend is still in the correction categoryPlease be prepared for trading, the opening time is very close

https://www.tradingview.com/x/8OWWbLC0/On Friday, June 7, spot gold fluctuated in a narrow range and is currently trading around $2,378.64 per ounce. Gold prices climbed to a two-week high on Thursday, closing at $2,375.60 per ounce, as weaker-than-expected U.S. employment data ignited hopes that the Federal Reserve would cut interest rates later this year, and the market focus turned to the non-farm payrolls data released on Friday.The weaker ADP employment figures on Wednesday gave the bulls some confidence, and perhaps tonight's non-farm payrolls report will not be stronger than expected, which will be beneficial to the gold and silver markets.In addition, Israel attacked a UN school in Gaza, killing dozens of people, and geopolitical concerns have heated up again, which also provided upward momentum for gold prices.Yesterday, we gave a long order near 2,360 in the article, which was basically a current price order for everyone, and the target of 2,380 has been achieved. There is no problem in receiving this wave of 20 points of profit, at least a dozen points are in hand. Here, congratulations to the friends who followed up. We will arrange the non-agricultural data in real time in the evening to maximize profits.From a technical perspective, gold prices have initially broken through the 2315-2365 area in the past two weeks. Before losing 2365, the short-term trend tends to fluctuate upward, and is expected to test the resistance near the 2400 mark, or even the upper Bollinger Bands near 2430. If the gold price closes below the middle Bollinger Bands at 2365 again, the bullish signal in the future market will be weakened.The key position is still the gains and losses of the 2360 line, so the current gold price is already near 2380, with upper pressure at 2400 and 2430, and the previous high at 2450. The lower support is 2360, and the strong support is 2315. In terms of operation, callback long orders are our first choice. After all, the technical side is biased towards bulls, and there is also the blessing of risk aversion. Going with the trend is also the principle we have always adhered to.For intraday trading, we still refer to long orders near 2360, stop loss at 2350, and take profit at 2380. Effective breakthroughs look at 2400. Try short-term short orders near 2380, stop loss 2388, take profit 2360.Specific operation suggestionsFor intraday trading, refer to long orders near 2360, stop loss 2350, take profit still 2380, and effective breakthrough to 2400. Try short-term short orders near 2380, stop loss 2388, take profit 2360.Short-term look at 2380, non-agricultural data look at around 2400. If you like my analysis, please follow me, thank youWith the arrival of non-agricultural data, the Federal Reserve is expected to follow Europe's pace of interest rate cutsRecent U.S. economic data show that the country's economic growth momentum is weakening. In May, U.S. private employment data increased less than expected, and the service industry PMI index, although re-entering the expansion range, still showed weak economic growth. These data show that the U.S. economy is gradually slowing down, which has strengthened the market's expectations for the Federal Reserve to cut interest rates later this year. Lower yields reduce the opportunity cost of holding safe-haven assets such as gold, boosting the attractiveness of gold.Recently, the Bank of Canada, the Swedish Central Bank and the Swiss National Bank have all announced interest rate cuts, and the European Central Bank also cut interest rates from a record high on Thursday. This series of interest rate cuts by global central banks not only reduces the opportunity cost of holding safe-haven assets such as gold, but may also bring about a relief in inflationary pressure, making assets such as gold popular with investors.Israel recently launched an airstrike on a United Nations school in Gaza, killing dozens of people, and geopolitical concerns have heated up again. This increase in geopolitical risks has increased investors' demand for safe-haven assets such as gold, driving up gold prices.Gold's rise is very stable, looking forward to the non-agricultural data tonightGold has started to adjust, which is within my analysisShort-term trading can make a profit

https://www.tradingview.com/x/2zPAR8iO/The gold price needs to retreat to the $2,300 mark and then to $2,280. The gold price retreat is just an adjustment, not the end of the upward trend. The retreat is the time to go long. These are the two different voices in the market in recent days. Who is right and who is wrong, and what is the strength level, the final trend is the best proof.A wave of retreat and adjustment, and multi-day consolidation, the gold price ushered in a strong rise yesterday, starting from the lowest $2,325, breaking through multiple resistances in succession during the session, reaching a high of $2,357, firmly locking the gains. As of this morning, the price rose to $2,374 again, and the strength continued.The US ADP employment data for May was released yesterday, and the final value was recorded at 152,000, which was lower than the expected 175,000. After the data was released, not only the previous value was revised to 188,000, forming a favorable support for gold and silverThe subsequent Bank of Canada announced its interest rate decision, reducing the original interest rate from 5% to 4.75%, as expected by the market. Canada has become the first country in the G7 to enter a rate cut cycle. Officials also said that they are more confident that inflation will fall to the target of 2%. If it continues to develop, "it is reasonable to expect further rate cuts."The amount of rate cuts is not important. What is important is that the move to cut interest rates means that the Fed's rate cut is coming. At this time, the market has reduced the probability of no rate cuts this year to 28%, and the probability of a rate cut to 25%. The expectation of a rate cut in September has been further strengthened. In my opinion, the Fed should cut interest rates in advance before September.In addition to the above good news, the final value of the US ISM Manufacturing PMI index data for May released yesterday was 53.8, exceeding the expected value of 50.8 and the previous value of 49.4, setting a new high since August last year, but for now, the impact on the market seems limited, and the general direction of development will not change because of this data.After the Bank of Canada cut interest rates yesterday, the European Central Bank will have its interest rate decision today. It seems that the market consensus is that the meeting will start cutting interest rates. In theory, it will be bad for gold, because the rate cut will lead to the depreciation of the euro, which will push up the dollar. But in reality and in the long run, it will definitely be good for gold, because the rate cut of the European Central Bank strengthens the rate cut of the Federal Reserve. Once the Federal Reserve starts to cut interest rates, no one can stop the rise of gold.It needs to be emphasized again that the upward trend of gold is unquestionable. It is not because the price has risen now that we say this, but because we have been emphasizing in the decline that the retracement is the time to intervene and go long. At the same time, we have not chosen to be bearish and short in order to cater to the mainstream voice of the market. The current price increase further proves that our thinking is correct.Strongly break upward, resistance turns into support, short-term support is around $2350, further support is around $2340, upper resistance is $2380, break through and stand firm, further look at the $2400 mark, this round of rise can be reconfirmed, $2400 mark is not the final goal, staged extension can see $2420-2430 area (not today), in short, we still maintain a bullish and long mindset, no bearish or short.I hope you can give me suggestions on my analysis so that I can improve my progress, thank youThe international situation is intensifying again, so it is wise to be bullish on goldGold's adjustment has ended and has stabilized and is bullish. Gold remains bullish today.The rise is only a matter of time, breaking through 2380 is a matter of time.Intraday decline low bullish trend remains unchangedGold remains bullish, direction unchangedThe direction of gold remains unchanged, the upward trend has been formed, and small capital accounts can stop profit by themselvesWe are very close to our first target of 2380. I said that gold will definitely break through 2380. It is only a matter of time.Let us wait and see whether gold can have a new breakthrough today.Perfectly reached our target position 2380, so happy

https://www.tradingview.com/x/0hUMLL7x/On Wednesday (June 5), despite the strengthening of the US dollar, spot gold still rose by more than $28. Analysts pointed out that the increase in expectations of the Federal Reserve's interest rate cut and the decline in US bond yields provided upward momentum for gold prices. In addition, tensions in the Middle East stimulated gold prices to attract safe-haven buying.The commander-in-chief of the Iranian Revolutionary Guard Corps warned on Wednesday that Israel would "pay a price" for the air strike launched in Syria on Monday and that Israel must "pay with blood".Gold prices rose by more than 1% on Wednesday as US economic data was mixed and US Treasury yields fell. The US 10-year Treasury yield fell to its lowest level since April after the ADP employment report released earlier was weaker than expected. The strengthening of the US dollar failed to curb the rise in gold prices. Spot gold closed up $28.45, or 1.22%, at $2,355.11 per ounce on Wednesday.At present, the outbreak of risk aversion is stronger than the ADP data released last night, and the impact is greater. Therefore, we have been mentioning in the past few days that if the gold price breaks through the strong pressure level of 2,365, the trend will go in the bullish direction next. After the gold price breaks through 2365, the technical bulls are stronger than the bears. The upper pressure is at the 2400 mark, and the previous high of 2450 is even further away.Therefore, the intraday trading idea is relatively clear. The pressure turns into support. Long orders are placed near 2360, stop loss at 2350, and take profit at 2380.If you like my analysis, you can leave a message to tell meGold has stabilized and the upward trend has openedGold has broken through strongly, and the rise is unstoppableG7 interest rate cut, gold bulls will start again?The international situation is intensifying again, so it is wise to be bullish on goldGold's adjustment has ended and has stabilized and is bullish. Gold remains bullish today.The rise is only a matter of time, breaking through 2380 is a matter of time.Intraday decline low bullish trend remains unchangedGold remains bullish, direction unchangedThe direction of gold remains unchanged, the upward trend has been formed, and small capital accounts can stop profit by themselvesWe are very close to our first target of 2380. I said that gold will definitely break through 2380. It is only a matter of time.Let us wait and see whether gold can have a new breakthrough today.Perfectly reached our target position 2380, so happy

Gold has been consolidating for almost two weeks, and it has been a roller coaster ride. Some friends are almost dizzy. They really want to know whether the gold price will start to rise again or lure more here and wait for a fall? Then let me tell you that the remaining three trading days this week are crucial. Tonight, the US ADP employment data for May was 192,000 before and 175,000 before. On Thursday, the number of initial jobless claims in the US for the week ending June 1 was 219,000 before and 220,000 before. On Friday, the US seasonally adjusted non-farm payrolls data for May was 175,000 before and 190,000 before. One more important piece of news is about to be announced. It is impossible not to be excited. The ADP employment data is called "small non-farm" and has a certain reference value for non-farm payrolls on Friday night. Of course, I don't work at ADP and I haven't consulted the survey. How can I know the data results? If I say I know, it must be made up. According to this logic, I can even talk about things on alien planets. If I don't know the data, I won't do it? Of course not. The data results will be reflected in the price K-line. Fundamentals guide the direction, emotions affect prices, and consensus drives the trend. Assuming that the ADP employment data is bullish and the market expects it to be higher than the previous value, how should the gold price go? Some people say that it will rise, how much, where, and where is the pressure? This is what I need to answer. On Tuesday, the gold price fell from 2355 all the way until the evening. It is typical: the Asian session fell, the European session continued, and the rebound before the US session (2337) was to lure more, and go short when it saw the high. As long as you go short according to the formula last night, you will definitely make a profit. This morning, gold continued to rise after the opening. Now it has reached 2337 US dollars when I write this article. It has not stopped rising since the opening. Don't panic. As I said before, you have to confirm the resistance and support points, and then follow up according to the data results. Now, under the premise of rising pressure, I first look at the rebound high of the US market last night at 2337-38 US dollars. After rushing through it, the next stop is the upper track position of the 4-hour downward trend line formed by 2364, 2359 and yesterday's 2355, 2345-48 US dollars, and then 2365 US dollars. In 4 hours, the structure has not changed, and there is no need to rush to chase the short at the bottom. You can make a move when the price reaches the position. I prefer the time node of breaking 2300 US dollars before June 12, that is, the interest rate decision in June. This process requires some determination. If you are always so panicked, you can't hold it even if you do it. Today, the gold price is close to the downward trend line, you can go short. The general direction has not changed at present. Pay attention to 2310-2306 below, and 2290-2285 after breaking.Trade active: Waiting for gold to fall back today

At the beginning of the week, the trend of gold price breaking through 2320 to test the bottom is already very obvious. Short sellers should not chase the rise. The price chooses to break through and then rise sharply to establish the bottom. It successfully rises to recover the first stage target of 2350. Next, we will see a sharp rise to break through the second stage target of 2370. There is a certain support near 2343 formed in the white plate. It is not ruled out that the bottom will be broken to induce short sellers to choose to rise again. If you want to do more steadily below, you can choose to do more directly at the low point of the white plate last Friday. It is feasible to do more directly at 2343. We recognize that the direction remains unchanged. The bottom of the price center of gravity has consolidated and stabilized and then moved up. After the 4H yin-yang cycle adjustment, it is a sharp rise and breakthrough. Go long at 2335 during the day! Intraday strategy one: go long at 2335, stop loss at 2328, target 2350-2370! Intraday strategy two: go long at 2343, stop loss at 2325, target 2350-2370!Trade active: Increase positions and wait for a reboundTrade active: Gold's decline is over

Gold is weak overall during the day. So far, the highest rebound of gold is 2333. It may be difficult to get a good short position in the short term. You can consider shorting around 2330 at night, and stop loss at 2339. Technically, the weekly line fell under pressure at 2449, and closed with a big negative. The rebound last week was fruitless, and the weekly line closed with a negative again. The rhythm of the decline is good, and the daily line rebounded after three consecutive positives, and then returned to the decline again. In the short term, the trend of two negatives and positives will be completed. The downward trend will continue. Pay attention to the support near 2294-2300 below. This position may be an important support position this week. The idea is to operate at a high altitude. Pay attention to the suppression near 2330-3 in the evening rebound. Gold evening trading: short near 2330, loss 2339, profit 2307/2300Trade active: Bearish thinking remains unchanged