7.10 Gold

Gold staged a late-night reversal last night, surging violently from a low of 4054 to approach the 4138 integer mark, with a single-wave gain of nearly $84. The bulls demonstrated an extremely strong offensive stance. $XAU

The Fed's June minutes were hawkish, with most officials worried about inflation stickiness. The dollar index held firm at the 101 level, directly suppressing gold's upside. Ten-year U.S. Treasury yields remained elevated, increasing the cost of holding gold. Coupled with continued outflows from global gold ETFs, the bulls have been dancing in chains. $LAB

In the 15-minute cycle, the gold price pullback has not broken the 4105 neckline, leaving the short-term bullish structure intact for now. Moving averages are converging and volume is contracting. The market is building momentum, and a reversal could come at any time. $HYPE

Set up short positions on the rebound in the 4120-4140 range, targeting 4100 and 4050.
#USD1链上质押享年化8.88% #特朗普宣布美伊停火结束