6.5 Mu Yun Noon Gold Analysis



The mild risk aversion in the Middle East slightly supports gold prices, but the rise in US PCE data cools down rate cut expectations, with the US dollar index and US bond yields rising, suppressing gold price gains.
The daily trend is relatively weak, with significant resistance at 4490-4500, and the current price fluctuates between 4400-4515, with breakout trades to be guided by tonight's non-farm payroll report.
Short-term strategy: Short at 4460-4470, targets at 4430 and 4420.

Note: The analysis is for reference only and does not constitute investment advice. #黄金
PAXG-4.36%
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