5.26 Gold Midnight Detailed Review

Today, Teacher Yan Yan's predictions in the morning, noon, and evening all hit the mark. Overall, gold showed a unilateral downward trend today. My thoughts on midnight gold are as follows:

First, from the news perspective, the main reason for today's sharp decline was the U.S. April durable goods orders data exceeding expectations. The market's probability of a Fed rate hike in June surged to 62%. At the same time, progress was made in indirect talks between the U.S. and Iran, leading to long liquidation and a stampede in gold bulls.
Next, from a technical standpoint, the 1-hour MACD is still operating below the zero line, dominated by bears. The key support level is 4500, with resistance above at 4540-4550 USD.

Finally, Teacher Yan Yan's trading strategy: in the short term, mainly short on rebounds, lightly shorting when rebounding to the 4535-4545 USD range, targeting 4500 USD; if 4500 is broken effectively, then look for a decline to 4480 USD, with position control within 20%, strictly setting stop-loss. #黄金 #黄金