June 8th XAU Strategy

The gold price opened lower in the morning session, dipped to 4310, then rebounded to 4353 and faced resistance, overall fluctuating at low levels. The strong non-farm payroll data continued to pressure gold prices, increasing expectations of rate hikes, favoring the bears; the US dollar and US Treasury yields oscillated at high levels, with limited safe-haven support from geopolitical risks.

From a technical perspective, the overall trend is bearish, with clear moving average resistance and weak rebound momentum. In the short term, focus on the 4300 support level, with resistance levels at 4365-4375 and 4400 in sequence. Trading mainly involves shorting on rebounds.

It is recommended to short in the 4370-4355 range, targeting 4330-4300; if the 4300 support holds, consider a light long position with tight risk control. This is for reference only; actual trading should be based on real-time market conditions. #分享美股交易赢英伟达股票