Gold bulls still need to wait for the right opportunity, maintai

Diupdate
**Last Week Review:**
Last week experienced CPI and FOMC economic expectations, and the weekly plan was realized. After the CPI announcement, the market reached 2337 before the U.S. session opened, defining the week's movement as complete. The subsequent market retraced to 2298, showing a slightly bullish pattern, and tested the 2337 level again on Friday.
(Personally, I found last week's market movements very interesting and worth reviewing.)

**This Week's Plan:**
1. Resistance at 2348. If 2337 is broken, the target is 2348, which presents a clear profit point.
2. Support levels are at 2282 and 2260.
3. Monday's intraday plan for the European and U.S. sessions: Monitor the breakout of Friday's narrow range, 2324 to 2335 (very close to 2337).

**Personal Judgment:**
- Gold still has upward momentum at the beginning of the week. The U.S. dollar is expected to peak and retreat after reaching 105.8.
- If 2348 is broken and continues to rise, monitor whether 2348 becomes a peak. A short position can be considered, with a stop loss set at the intraday high (not more than 5 to 8 dollars).

**Special Situation:**
- If 2348 peaks and falls back to 2260, this range might scare off bulls. Looking back at June 7th, the fluctuation was also within this range. Risk-tolerant investors can hold a small position on the left side.
- 2260, 2220, and 2188 (extreme position) are good cost levels for holding positions.

**Related Products:**
- Continuously monitor the trends of gold, the U.S. dollar, and U.S. Treasury yields. Last week, there was a significant difference between the trends of the U.S. dollar and Treasury yields, with the dollar rising and yields falling. Pay attention to whether this situation will correct; otherwise, gold will be difficult to trade.
Catatan
Last week's perspective
黄金 CPI、利率决议 交易计划
Trend Analysis

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