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#XAUUSDT 【6/29 Early Morning Trading Ideas】
Asian session volume continues to shrink, capital flows show a net outflow pattern, and sell pressure dominates the order book. Short-term moving average systems form resistance, suggesting a weak and narrow range consolidation during the Asian and European sessions, with limited rebound momentum. The current market is in a "time-for-space" phase, awaiting late US session data to break the deadlock.
The overall approach remains to sell on bounces.
Rebound to 4075/4080, short, target 4060/50
Pullback to 4048/4042, long, target 4060/70