6.4 Gold Midnight Short-Term Strategy



Intraday gold prices fluctuate and decline, with a slight rebound after testing lows in the US session. The overall market is weak, and trading is cautious ahead of the Non-Farm Payrolls, with funds on the sidelines.
On the news front, geopolitical disturbances are limited, and the continued expectation of high interest rates from the Federal Reserve is exerting pressure on gold prices. Technically, prices are under pressure from moving averages, and the 4-hour downtrend channel remains intact. Short-term resistance is at 4480-4490, support at 4450.

Midnight operation: short at 4480-4490 on rebound, target 4460, break below to 4430
Strictly control positions within 30%, set stop-loss orders, avoid holding heavy positions overnight as Non-Farm Payrolls approach, mainly take profits quickly. #黄金、 #黄金:
PAXG0.87%
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