Perfect prediction, pay attention to the high short entry pointTrump extended the tariff agreement to August 1 and began to collect tariffs again. Although it eased market tensions, his remarks will not be extended after the expiration, and he issued a tariff threat, which increased global trade uncertainty and pushed up risk aversion. There was no clear direction coming out of the Fed's meeting minutes last night, but the potential bias was bullish.
At the beginning of the Asian session this morning, I also indicated that gold would rise and then fall. At present, it has reached the highest point near 3325 and then began to retreat, but the 4H golden cross has just been formed. There is still a certain pressure above 3333. If the gold price repeatedly competes for this position, we can continue to short without hesitation. The second short position today is near 3340-3345. There is potential momentum for the bulls in the short term. If the European session continues to fluctuate below 3333, then the entry of short positions will be slightly more stable. Yesterday, short orders were given at the key points of 3321 and 3333, and TP looked at 3310. If the bulls re-emerge below 3310-3305, you can consider short-term long positions and target 3330-3335.
