#成长值抽奖赢金条 The recently surging gold has experienced a rapid correction, with the market suddenly halting and falling sharply, leaving many investors conflicted about whether to buy the dip or cut losses and exit.

From the news perspective, market expectations for a rate cut by the Federal Reserve in June continue to cool down, with the probability of rate cuts decreasing, significantly weakening the upward support for gold. At the same time, the three major US stock indices all strengthened, with the Dow Jones rising by 0.72%, signaling a risk market rebound. A large amount of safe-haven funds flowed out of the gold market, directly causing gold prices to come under pressure and plunge, with short-term bearish sentiment prevailing.

From a technical standpoint, the 1-hour moving averages have already shown a bearish alignment, with gold prices consecutively breaking below the 5-day, 10-day, and 20-day moving averages, breaking the bullish trend. The KDJ indicator has formed a death cross and is diverging downward, with the J value entering the oversold zone, indicating strong current bearish momentum and a clear downward trend; however, after the indicator becomes oversold, there is a possibility of a slight rebound to repair the indicator, so do not blindly chase the fall.

Overall, short-term intra-day trading should focus on selling high during rebounds, and not rush to buy the dip. When the price rebounds to the 4530‑4540 range, consider lightly shorting, with a short-term target of 4500‑4490; if gold effectively breaks below the 4500 key support level, the bearish trend will further extend, and it can be further targeted at around 4480.

Before breaking the 4500 support, do not aggressively chase the short side to avoid losses caused by a rebound. Strictly control position sizes, recommended within 20%, and implement stop-profit and stop-loss strategies to respond steadily to short-term volatility.