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Good morning, family, on June 11
Overnight gold prices moved lower on a single trend, with a slight rebound in the early session, but the overall weakness remains unchanged.
The continued expectation of high interest rates from the Federal Reserve keeps pressure on the market, and the rebound is only a technical correction.
Resistance: 4078-4085 Support: 4020
Trading ideas
1. Short at the rebound to the 4080-4088 range, stop loss at 4095, target 4020-4000
2. Lightly go long on the first dip near 4005, stop loss below 4000, target 4050
The trend is bearish, strictly control position sizes, and do not blindly #黄金# chase longs.