#特朗普称美伊正敲定协议细节 5.22 Midnight Gold Analysis

The overall market trend today is bearish, but the market has never been one-sided. Relying on years of accumulated experience, we have also achieved good swing results against the trend.

From the news perspective, multiple Federal Reserve officials reiterated their hawkish stance, pushing the market’s first rate cut expectation to September, with the US dollar index and Treasury yields continuing to strengthen; additionally, India increased the gold import tax from 6% to 15%, significantly cooling physical demand, and funds are rapidly withdrawing from the precious metals market.
From a technical perspective, the 30-minute and 1-hour moving averages are all in a bearish alignment, the MACD green bars are expanding continuously, and the price effectively broke below the key support level of 4520, indicating a clear short-term downtrend; strong support below is at the intraday low of 4490, with resistance at 4520-4525.

Finally, Teacher Yan Yan’s trading strategy: focus on short positions at midnight, lightly short on rebounds around 4520-4525, with a stop loss at 4535, targeting 4490-4480; if it quickly breaks below 4490, consider light short positions.