6.25 Muyun Evening Gold Analysis

Tonight's gold market aligns with the daytime forecast, with the overall market showing weak oscillations and experiencing a significant pullback.

On the technical chart, the Bollinger Bands are continuously narrowing, with bulls and bears approaching equilibrium, and no clear single-sided trend signal in the short term. Gold prices oscillate back and forth around the middle Bollinger Band, with the short-term fluctuation range continuously narrowing. The opportunity for a breakout can only wait for tonight's important economic data.

On the fundamental side, focus on the initial jobless claims and PCE price inflation data. These two sets of data will directly change the market's judgment on the Federal Reserve's interest rate cuts. Data above expectations will suppress gold prices, while data below expectations will be bullish for gold. Currently, market sentiment is highly cautious, with everyone waiting for the data to break the current sideways range.

When prices rebound and touch the 3990-4010 range, you can open short positions in batches,
Phase targets are sequentially 3970, 3950, 3920. #黄金