June 9 Morning Market Analysis and Strategy:

Overnight gold fluctuated and recovered at low levels, maintaining a narrow and slightly weak consolidation pattern in the morning. The operation mainly follows the trend to look for short opportunities.

Market Review: Gold prices stabilized after stopping the decline around 4268 and slightly rebounded, rising to the 4335 level before encountering resistance and falling back. The current price is around 4327, fluctuating. The middle band of the hourly Bollinger Bands at 4318 has shifted from previous resistance to support, with the upper band at 4353 forming short-term strong resistance. Overall, the market remains in a weak recovery stage after a sharp decline, with rebound momentum being weak.

News: Non-farm payroll data exceeded expectations, continuing to suppress gold prices. Market expectations for rate cuts have further cooled, with the US dollar and US bonds remaining strong. The market dominated by bears has not fundamentally changed.

Operation Strategy:
Short in the 4340-4365 range, targeting 4315-4280.

Note: The above ideas are for reference only and do not constitute #黄金🔥 any investment advice.