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.
GLDX-0.99%
PAXG-2.52%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned