July 28 Wanxin midday market outlook analysis:


Trump publicly called on the Federal Reserve to cut interest rates, urging the U.S. to maintain globally low interest rates. Market expectations for rate cuts have warmed up, putting pressure on the U.S. dollar and providing support for gold prices.

Technically: With risk-aversion sentiment boosted by geopolitical developments in the technology sector, support for gold remains solid. In the short term, gold is expected to trade in a range-bound pattern; wait and watch for opportunities in the key range.

Gold: Rebound near 4085–4100, then look down at 4020; if it breaks support, watch 4000 next.

Just my personal opinion and does not constitute any investment advice #明尼苏达预测市场禁令被叫停
GLDX0.02%
PAXG-1.16%
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FractionalKnight
· 26m ago
The moment Trump starts calling for interest rate cuts, the short-position logic for gold this round does hold up, but don’t forget that geopolitical risk could trigger safe-haven buying at any time—make sure you set your stop-loss correctly.
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VibeCrew
· 52m ago
The analysis is quite clear, so I’ll wait and look for opportunities.
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M2Hunter
· 1h ago
Fed rate-cut expectations are heating up. The U.S. dollar’s weakness supports gold, but you’re advising shorting at the highs after a rebound—doesn’t that go against the fundamentals? In the short term, a range-bound market may indeed suit selling high and buying low, but don’t get the direction wrong.
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ProtectBailout
· 1h ago
Technical range-bound sideways movement; shorting at 4,085–4,100 looks good. But the downside target at 4,020 is a bit ambitious—between there, you need to guard against repeated rebounds. Best to take profit in batches.
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