Tomorrow 6.8 Gold Trading Strategy and Analysis



From the news perspective, the market's expectation of a Federal Reserve rate cut has significantly cooled down, the dollar has strengthened, and combined with the sharp decline in U.S. stocks, liquidity has been squeezed, leading funds to sell gold to cover margins; earlier profit-taking by bulls has further increased selling pressure.

From a technical standpoint, both the 4-hour and 1-hour charts show large-volume bearish breakdown candles, with prices breaking below all moving average supports, which are arranged in a standard bearish alignment; the ATR indicator has risen sharply, indicating high market volatility, and the short-term trend has completely turned bearish, with no effective support levels.

Yan Yan's trading strategy: Tomorrow's trend is mainly bearish, with a focus on shorting on rebounds. Watch the resistance zone of 4380-4400. If the rebound does not break through, consider light positions for short entries, targeting the 4280-4250 level. Do not chase shorts, beware of oversold rebound risks, and strictly set stop-losses to control position size. #黄金、 #黄金:
GLDX1.2%
PAXG-1.95%
XAU-1.94%
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