June 11 Evening XAU Outlook



The US initial jobless claims data was released, and employment performance far exceeded market expectations, further confirming the Federal Reserve's stance to maintain high interest rates. The US dollar and Treasury yields continue to strengthen, putting pressure on spot gold to weaken.

Currently, gold prices are fluctuating around the 4090 level, with the overall daily chart maintaining a bearish pattern, and only minor short-term corrections.

Resistance zones above are seen at 4095-4110, 4120-4150;
Support levels below are at 4030-4050, 4000-4020.

The trading strategy prioritizes shorting on rebounds, and after the price tests and stabilizes at support, consider light long positions. Be sure to set stop-losses, control position sizes, avoid frequent trading, patiently wait for breakouts, and carefully seize short-term opportunities. #我的Gate交易时刻
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