Based on the latest market and technical analysis, here is the forecast for the opening trend of spot gold (XAU/USD) on June 1, 2026 (Monday):

📊 Current Background

- Last week’s close: Spot gold rebounded strongly on Friday, closing around $4,539 per ounce, holding above the upward trend line and the 4,450 support level, with a long lower shadow on the weekly candle.
- Domestic gold price: Shanghai Gold Exchange AU9999 approximately 993~994 yuan/gram.

🔮 Monday (June 1) Trend Prediction

Tending towards a mild gap up or flat opening followed by continued rebound, but facing resistance and oscillation above.

- Opening direction: Likely to open flat to higher in the Asian session, continuing Friday’s bullish sentiment to test resistance above.
- Operating range: Expected to fluctuate mainly between $4,500–$4,600.
- Support levels: 4,500–4,520 (short-term), strong support at 4,450–4,480.
- Resistance levels: 4,580–4,585 (key resistance at semi-annual moving average), a breakout could see 4,620–4,625; if it surges and then falls back, watch for a drop below 4,500, with a caution to a correction down to 4,480.
- Key catalyst: US ISM Manufacturing PMI released Monday evening. If data is weaker than expected (bullish for gold, breaking 4,585), or stronger than expected, it may suppress or pull back prices.

💡 Trading Reference (for reference only)

- Short-term bullish idea: If it pulls back to stabilize around 4,500–4,520, consider a small long position, targeting 4,560–4,585, with a stop loss below 4,480.
- Short-term bearish idea: If it first surges to 4,580–4,600 and shows signs of stagnation, consider a small short position for a pullback, with a strict stop loss above 4,605.
- ⚠️ Asian session liquidity on Monday is relatively low, beware of gap and slippage risks; the above does not constitute investment advice.

📌 Domestic gold (Shanghai Gold Exchange / TD): Follows international gold price movements. If overseas markets hold steady above 4,530, domestic AU9999 is expected to fluctuate around 990–1,000 yuan/gram. After the Dragon Boat Festival holiday, be cautious of gap openings.

If you need me to calculate specific bank gold bar / paper gold reference buy prices or analyze the Shanghai gold futures (main contract 2608) opening on Monday, just let me know!