7.28 Gold trading ideas and operation suggestions:

Over the weekend, the US-Iran conflict saw a tactical pause. WTI crude oil rose sharply by more than 6%, which directly eased market inflation concerns. Oil prices pulling back in the aftermath means pressure for the Federal Reserve to keep hiking has eased, providing the most direct positive support for a rebound in gold. Although there is still a Fed decision on Thursday, tonight the market sentiment is clearly tilted toward recovery.

From a technical perspective:
After spiking to 4116 in the morning, the gold price pulled back and is currently ranging around 4072. This is a typical “spike-and-wash” price action. In the short term, bullish momentum is building. Strong support lies at 4065–4070—this is the recent concentrated zone of positioning. As long as it doesn’t break, the bullish opportunity remains.

Suggestions:
Entry: near 4065–4072, #直通IPO第二期JerseyMikes $BTC $ETH
Target: near 4100–4116; if it breaks out, continue to look for 4140