5.29 Morning Gold Outlook

Don't chase the high! The signal of gold pulling back after rising has appeared, and the precise buy and sell points for today are released

From the news perspective, concerns about the Federal Reserve's credibility are intensifying, with institutions issuing warnings that "the Fed should raise interest rates," and expectations of rate hikes repeatedly disturbing the market; at the same time, geopolitical safe-haven sentiment remains, combined with technical buying after previous oversold conditions, driving gold prices to rebound quickly.

On the technical side, the 30-minute KDJ has formed a death cross at high levels and is turning downward, indicating a short-term need for a pullback; the 1-hour KDJ is still in the overbought zone, but the MA5/10/20 moving averages are in a bullish arrangement, with support at 4475-4480 and resistance at 4510-4515.

Finally, Teacher Yan Yan's trading strategy: short-term high short and low long, sell in batches at 4510-4520 during the rebound, target 4480-4470; buy in batches on dips at 4470-4480, target 4500-4510, operate with light positions, and strictly set stop-losses. #黄金 #黄金：