Golden stage low area: 3285-3275！Fundamentals:
1. Focus on Trump's dynamics and tariff-related issues;
2. Pay attention to whether geopolitical conflicts will escalate, including the situation between India and Pakistan, Russia and Ukraine, and the situation between the United States and Iran, etc.
The current expectation of interest rate cuts has declined, and the tariff storm has cooled down. At the same time, the market is betting on a further trend correction, which may cause capital outflows from the market, which will further hit gold bulls!
Technical aspects:
As I expected in my previous article, gold is expected to fall below 3300. Sure enough, gold has shown signs of falling below 3300. In the current structure, gold may further extend to the 3280-3270 area, which is also an important support area of primary concern in the short term; and as gold fell sharply, the market was bearish, and short-term resistance also moved down to the 3315-3325 area.
Trading strategy:
1. Consider the shorting opportunity after gold rebounds to the 3315-3325 area, TP: 3300-3290
2. Consider the longing opportunity after gold falls to the 3285-3275 area, TP: 3300-3310
