6. 2 Early Market Trend Analysis Strategy:

Yesterday, gold prices were affected by the Middle East situation, showing a bottoming and rebound pattern. After Lebanon was attacked, Iran paused negotiations with the U.S. and warned of blocking the Strait, putting downward pressure on gold prices; later, the U.S. discouraged Israel from launching a large-scale attack, signaling that an agreement may be reached within a week. The risk aversion sentiment cooled, driving gold prices to rebound.

Now, the market's reactions to verbal statements from all parties are gradually calming down. The repeated tug-of-war pattern is exhausting bullish confidence. Unless there is a substantial escalation of conflict, gold prices are expected to remain generally volatile and weak. Focus today on the resistance zone between 4507 and 4515; a rebound to this area can be viewed as a shorting opportunity!

Recommend short around 4507-4515, stop loss at 4527, take profit at 4450

  The above suggestions are for reference only; more trading decisions should be based on actual market operations. #黄金🔥 #黄金 #黄金行情 #XAU