5.26 Gold Evening Trading Ideas

Teacher YanYan planned ahead and also received the afternoon market news benefit. The gold trend is considered a steep slide + small rebound + staying in place, now analyzing the evening strategy.
From the news perspective, Federal Reserve Board member Waller's latest statement said that the pace of inflation slowdown is slowing, and a rate cut in June is "too early," with market expectations for rate cuts dropping sharply from 75% to 30%, and the US dollar index rebounding to the 105.8 level.
Next, from a technical perspective, the 1-hour chart shows the MA5 crossing below the MA20 to form a death cross, indicating a clear bearish trend. The key support below is 4510, and resistance above is 4550.

Finally, Teacher YanYan's trading strategy: focus on shorting in the evening, short on rebounds to the 4535-4545 range, targeting 4515-4500, strictly control position size within 20%, and set proper stop-loss. #黄金 #黄金交易