6.3 Evening Gold Outlook

Don't catch falling knives! Gold drops $26 in a single day, and the Fed rate hike is confirmed.

From a news perspective, the core negative factor remains the complete reversal of the Fed's rate cut expectations, with the market betting on a surge in the probability of a rate hike by the end of the year, and the 10-year U.S. Treasury yield staying high; combined with Trump's inflammatory remarks pushing U.S.-Iran talks, the Middle East risk premium is rapidly fading, gold ETFs continue to see large outflows, and speculative funds are mainly taking profits and selling off.

On the technical side, the 1-hour chart's moving averages show a standard bearish alignment, with prices pressured downward along the 5-day moving average.

Finally, Yan Yan's trading strategy is mainly short-term high-level shorts, with partial short entries on rebounds around 4480-4490, targeting 4440-4420; if the price effectively breaks below 4438, consider adding light shorts with proper stop-losses, strictly avoiding blind bottom-fishing at the moment. #黄金 #黄金、