6.3 Jianjie Spot Gold Morning Outlook



News
U.S. Treasury yields and the dollar remain volatile at high levels, with market expectations for rate cuts delayed, suppressing gold prices; central banks continue to buy gold to support the market, limiting the downside space, with overall fluctuations leaning weak.

Technical
Yesterday's surge to 4541 followed by a pullback, forming a long upper shadow doji candle, short-term range is 4450-4490; resistance at 4490 and 4540, support at 4450 and 4420, hourly chart shows a bearish oscillation.

Trading Strategy
Short at 4485-4490 on rebound, with a stop at 4515, target 4450→4420#外汇黄金 $XAUT
XAUT-1.7%
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