Evening Gold Market Strategy


The Federal Reserve's hawkish sentiment strengthens, with the May rate decision holding steady but multiple members leaning hawkish, delaying rate cut expectations, and long-term pressure suppresses gold prices.
Gold bulls' positions weaken, central bank gold purchases cool down, and the moderate Middle East situation offers limited safe-haven support, overall bearish.
Daily chart shows consecutive declines from high levels, with moving averages crossing downward, dominated by a bearish trend; 4-hour Bollinger bands trending downward and weakening, though there is a slight short-term rebound, the overall trend remains unchanged.
Resistance at 4550-4580, support at 4500-4450
Operation: Short at 4530-4560, stop loss at 4580, target 4500→4450
Reminder: US data at 20:30 increases volatility; May 6-7 is a trend reversal window, do not chase high on rebounds, strictly stop-loss and control positions #黄金
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MuQian
· 2h ago
😂
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