May 26 Morning Gold Outlook

Yesterday's trading results can be checked; the morning, noon, and evening gold strategies have all been fulfilled. Today's gold outlook

From the news perspective, overnight U.S. April durable goods orders increased by only 0.1% month-on-month, well below expectations. The dollar index weakened, supporting gold prices; market expectations for a 25 basis point rate cut by the Federal Reserve in June rose to 78%, combined with unresolved Middle East geopolitical risks, supporting gold prices at high levels. However, the three major U.S. stock indices all closed higher, diverting safe-haven funds and limiting further upward movement of gold prices.
From a technical perspective, the 30-minute and 1-hour moving averages are both in a bullish arrangement, with gold prices holding above short-term averages; but the MACD indicator shows a bearish divergence, with the red bars continuously shrinking, indicating diminishing short-term upward momentum. The strong resistance level is at 4579.96.

Finally, Teacher Yan Yan's trading strategy: Lightly short above 4570-4580, targeting 4565-4560, strictly control position size, and set proper stop-loss and take-profit levels. #黄金、 #黄金