Intraday downward only look at whether 3975 can hold (this level can be used to try an entry), upward 4045 is the first strong resistance for a rebound. To participate at the 4045 level, at least wait until 4060 pulls back without breaking 4045. The 4000 level is the bull-bear divide. If a pullback goes above 4010 without breaking 4005, you can enter here. All positions must have stop-losses raised. Before tonight's news comes out, if price reaches above 4045, you can feel safe; otherwise, wait for the news to be released before making a move. Those without ammunition should also wait for the news to layout. If tonight's PCE cools down, the rebound target directly looks at 4080-4100 which was broken yesterday. If it doesn't close above 4210, any rebound will cause a short-covering spike. Conversely, if the data remains hot, the market will directly pierce to 3950 or even 3900. So tonight's PCE data is very important, setting the tone for gold's performance in the second half of the year! #0成本拿2股SK海力士

GLDX-1.56%
PAXG-1.56%
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