6.8 Evening Gold Trading Ideas

From the news perspective, Goldman Sachs has completely abandoned the expectation of interest rate cuts in 2026, and the market's concern over the Federal Reserve's tightening policy has intensified, with the dollar strengthening and suppressing precious metals; but the sharp decline in US stocks and the cooling of risk sentiment have also provided some safe-haven support for gold, increasing the tug-of-war between bulls and bears.
Looking at the technical aspect, the 1-hour moving averages are in a bearish arrangement, with short-term rebounds facing obvious resistance, ATR indicator expanding, and market volatility increasing; resistance above is at $4,330-$4,350, and support below is at the $4,268 level.

Teacher Yan Yan's trading strategy: The current trend is biased bearish, mainly operating in the direction of high short positions, lightly short near resistance levels on rebounds, strictly set stop-losses, avoid contrarian bottom-fishing, and strictly control position risk. #黄金、 #黄金