Gold is under pressure and has a bearish trend

In early trading on Monday, spot gold suddenly fell rapidly in the short term. The price of gold plummeted by nearly $15 from a level near $2,337/ounce, and currently hit a low of $2,319.82/ounce, setting a new intraday low. A piece of heavyweight news came from Israel, which further cooled the market's risk appetite, thus hitting the gold price trend. This week will usher in the U.S. April ISM Manufacturing PMI, the Federal Reserve’s monetary policy decision, the April employment report, and the April ISM Non-Manufacturing PMI. The market initially expected the first U.S. interest rate cut to be in March. However, as the United States has successively released strong economic data, expectations have been postponed first to June and now to September.



This Wednesday will usher in the U.S. ISM Manufacturing PMI for April and the Federal Reserve’s monetary policy decision. . The Fed is unlikely to provide any new hints on the timing of a policy shift in its statement. However, at the press conference after the meeting, Fed Chairman Jerome Powell is likely to be asked whether there is still the possibility of a rate cut in June if Powell does not close the door to a rate cut in June. The initial reaction could trigger a sharp drop in U.S. Treasury yields and boost gold. After the March policy meeting, Powell noted that strong inflation data in January and February could be due to seasonal factors. Market participants will also be closely watching Powell's comments on the inflation outlook. If Powell adopts a concerned tone on recent inflation developments, the dollar could remain resilient against its rivals, limiting gold's upside. Finally, if Powell downplays the disappointing first-quarter GDP data, investors may view this as a hawkish tone, making it difficult for gold to gain upward momentum.



Strategy 1: Gold rebounds near 2337-2340 and goes short (buy down) in batches. The target is around 2330-2325. If the position is broken, look at the 2300 line.


Strategy 2: Gold will go long in batches around 2315-2320 (buy up), target around 2340-2345, and look at the 2050 line if the position is broken.

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Currently, gold has the best time to buy. If you want to know more, you can find it on my channel.

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No one will pay for your losses. The market is ruthless. I will publish the latest trading signals on the channel every day to let everyone better understand the market trends.

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Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.

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Now is an excellent opportunity to short gold. Brothers, seize the opportunity. If you want to know more, you can find it on my channel.

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If you are currently shorting gold, you can continue to hold and wait for profit taking. If you want to get more trading information, you can find it in my channel.

Trade active:

If you are currently shorting gold, you can continue to hold and wait for profit taking. If you want to get more trading information, you can find it in my channel.

Trade active:

Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.

Trade active:

No one will pay for your losses. The market is ruthless. I will publish the latest trading signals on the channel every day to let everyone better understand the market trends.

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You can have a night's rest and continue trading tomorrow. Before going to bed, I recommend that you do not place overnight orders. I will continue to publish the latest trading signals on the channel tomorrow.

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The market may not be very volatile today, but it may be very volatile tomorrow. If you want to know more, you can look for trading signals in my channel.

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I wish everyone good luck in trading. Today’s news may make the gold market more volatile.

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Gold can still continue to chase shorts and sell gold. If you want to know more, you can find trading signals in my channel.

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Gold can still continue to chase shorts and sell gold. If you want to know more, you can find trading signals in my channel.

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There are still excellent entry opportunities for gold at present. If you want to get my trading signals, you can find them on my channel or contact me directly.

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The upward trend of gold is still very weak, so you can continue to look for high prices to short gold. If you want to get trading signals, you can find them in my channel

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You can still short gold now. If you are still trading and it is not ideal, you can look for trading signals in my channel.

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The market fluctuations may be more severe tomorrow. I will send trading signals on the channel. If you want to know more, you can click here to view

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Today, gold is mainly long. Find a position to go long.

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Today’s gold operation advice is mainly long. If you want to know more about trading, you can take a look at my suggestions.

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There is still one hour until the unemployment benefits release and the market may be volatile, I have sent the latest trading signals

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Today’s gold operation advice is mainly long. If you want to know more about trading, you can take a look at my suggestions.

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It is still profitable to look for long positions at low levels today. If you want to get my trading signals, follow my signals

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It is still profitable to look for long positions at low levels today. If you want to get my trading signals, you can follow my signals

Trade active:

It is still profitable to look for long positions at low levels today. If you want to get my trading signals, you can follow my signals

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The fluctuations of gold this week are basically the same as we expected. If you buy gold according to my operating ideas, then I believe your profits will also be very good.

Trade active:

The fluctuations of gold this week are basically the same as we expected. If you buy gold according to my operating ideas, then I believe your profits will also be very good.

Trade active:

The fluctuations of gold this week are basically the same as we expected. If you buy gold according to my operating ideas, then I believe your profits will also be very good.

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Short-term trading is still possible. There is currently an excellent time to enter. If you want to know more, you can look for signals on my channel.

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The non-farm payrolls data will be released today. The market may fluctuate violently. I have published the latest trading signals.

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We made good profits by going long gold today. We still have the opportunity to continue trading today. I will continue to publish trading signals.

Trade active:

We made good profits by going long gold today. We still have the opportunity to continue trading today. I will continue to publish trading signals.

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Today's non-farm payrolls data caused gold to soar, and then it fell back. If you get my signal, maybe your profits today will be very good.

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We made good profits at the end of this week's trading. I will continue to share my trading signals and trading knowledge with you next week.

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Gold is still mainly short today, with short positions at 2314-16, and 2305-2300 below.

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Trade active:

Trading is actually a kind of investment. Sometimes a right direction may bring you good profits. Don't treat trading as gambling. If you treat trading as gambling, sooner or later you will lose everything.

Trade active:

Today's operation advice is still to mainly short at high levels, and short around 2315-2320.

Trade active:

Today's operation advice is still to mainly short at high levels, and short around 2315-2320.

Trade active:

Gold can now continue to be sold, and if you are still losing money on your trades, you can contact me directly to find a solution.

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It is still profitable to look for long positions at low levels today. If you want to get my trading signals, follow my signals

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There are still opportunities for shorting gold. If you want to know more, you can find it on my channel

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There are still opportunities for trading in gold and crude oil. If you want to know more trading signals, you can find them in my channel

Trade active:

There are still opportunities for trading in gold and crude oil. If you want to know more trading signals, you can find them in my channel

Trade active:

There are still opportunities for trading in gold and crude oil. If you want to know more trading signals, you can find them in my channel

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Today I will still send trading signals and profit screenshots on the channel. If you need help, you can follow my channel.

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Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals

Trade active:

Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals

Trade active:

Gold can now continue to be sold, and if you are still losing money on your trades, you can contact me directly to find a solution.

Trade active:

Gold can now continue to be sold, and if you are still losing money on your trades, you can contact me directly to find a solution.

Trade active:

Gold can now continue to be sold, and if you are still losing money on your trades, you can contact me directly to find a solution.

Trade active:

Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals

Trade active:

Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals

Trade active:

Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals

Trade active:

Caution is required when trading. If you start in the right direction, it's only a matter of time before you become profitable. I analyze the market daily to bring you the best signals

Trade active:

Today’s signal is normal, and I have made good profits. If you want to follow my trading, you can find it on my channel.