To The Moon

$XAU/USD(XAUUSD.FOREX)$ $Gold - main 2408(GCmain)$ Last trading day Monday (July 1): international gold / London gold shock closed up, although still in the 60-day average below, but also running with the 5-day average above, suggesting that the market trend will continue to shock fluctuations. 　　

Specific trend, the gold price since the Asian market opened at 2326.77 U.S. dollars / ounce, the overall maintenance of about 8 U.S. dollars in space oscillation, and with the 13 o'clock midday session recorded an intraday low of 2318.45 U.S. dollars, and then the opening of the European session, the bulls began to force, continued to rebound, touched the day's high of 2338.19 U.S. dollars in the end of the European session, encountered obstacles to the fall, continued to the opening of the U.S. market, the fall increased, but in the Continuous more violent oscillation jump, further down once again touched the low point near the day, but finally bottomed out again, and finally closed at $2,331.54, the daily amplitude of $19.74, closed up $4.77, or 0.2%.　

Impact, Asian trading is light, the whole is in a certain range of oscillation, to the opening of the European disk, in the euro opening higher drag, the dollar index jumped low opening, the United States during the period of the rapid rise to the daily high, followed by some decline, so that the gold price in the European disk during the sustained rebound touched the high point within the high point, and then encountered obstacles to fall back, although the U.S. disk data favourable to the price of gold, but the value of the value lower than the previous value of the smaller, coupled with the Japanese yen plate fell to 161.74, again the lowest since 1986.

Long-term U.S. bond yields rose, further promoting curve steepening. 10-year U.S. bond yields rose to a new one-month high, suppressing the gold price once again retreated near the daily lows, and finally due to short-covering and supportive buying, bottomed out again, and eventually closed in a shock.

2.

Gold H1 trend, began to rise weakly, continued to bear the resistance of last week's high 2339, before breaking through the previous high, still continue to be bearish, shock and fall trend

The market is changing rapidly, the rise of gold may be just a flash in the pan, the rebound is to give a better opportunity to sell, the short trend of gold has not changed, continue to wait for the decline, gold is brewing a big market, the calm before the storm, gold still has a chance to break 2300 again, we will wait and see, today's focus on the support near 2318-20! Trading is mainly selling orders! Strategy: Rebound 2334-35 to continue to enter the sell order, TP: 2320 SL: 2342

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