Spot gold rebounded modestly, and the gold price is now near 1975 US dollars per ounce.Gold struggled around 1975.The U.S. debt ceiling negotiations ushered in major news, and the U.S. will not default on its debt.Key data that investors need to pay attention to today: Japan's non-seasonally adjusted commodity trade account for April, Australia's seasonally adjusted unemployment rate for April, Japan's seasonally adjusted commodity trade account for April, changes in Australia's employment population in April, the number of people applying for unemployment benefits at the beginning of the week in the United States, the number of people renewing unemployment benefits in the United States for the week, and the annualized total number of home sales in the United States in April.
Taken together, today's short-term gold operation ideas suggest that the rebound and short selling are the main focus, supplemented by the low step back. The short-term focus above is on the first-line resistance of 1980-1985, and the short-term focus below is on the first-line support of 1970-1975.
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