Gold fluctuates, and the profit range is in this area

99

📌 Driving events

After a phone call with Trump yesterday, Russian President Vladimir Putin said that efforts to end the war in Ukraine are on track and Moscow is ready to work with Ukraine on a memorandum of understanding for a future peace agreement. The United States has begun serious trade negotiations with the European Union, which has slightly improved investor sentiment. These negotiations broke the long-standing deadlock and brought some hope for more deals after Washington signed a framework agreement with the United Kingdom earlier this month. Trump had previously said that he could also reach an agreement with India, Japan and South Korea, but the negotiations with Japan seemed to be deadlocked over the issue of automobile tariffs.

📊Commentary Analysis

Gold prices fluctuated narrowly throughout the day, mainly due to the weakening of the US dollar and safe-haven demand after Moody's downgraded the US government's credit rating.

💰Strategy Package

For intraday short-term operations, pay attention to the 3200 area for long opportunities and defend 3193. Pay attention to the 3235 area for short opportunities and defend 3242.

⭐️ Note: Labaron hopes that traders can properly manage their funds

- Choose the number of lots that matches your funds

- Profit is 4-7% of the fund account

- Stop loss is 1-3% of the fund account

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