DeGRAM | GOLD under the $3300 level

5月29日

📊 Technical Analysis
● Third touch of the channel’s upper rail near $3 330 printed a shooting-star and price is now riding back under the internal trend-pivot $3 315, restoring a sequence of lower-highs.
● Intraday support from the short-lived wedge has flipped to resistance; acceptance below the $3 284 line exposes the mid-band $3 210 and, if momentum persists, the channel floor/April pivot at $3 120.

💡 Fundamental Analysis
● US 5-yr yield hit a five-week high after Fed’s Williams said policy is “not restrictive enough yet”, while the DXY held near 105 as May jobless claims surprised on the downside. Higher real rates and a firmer dollar keep ETF outflows running.

✨ Summary
Sell rallies ≤$3 315; breakdown under $3 284 targets $3 210 then $3 120. Shorts negated on a 4 h close above $3 350.

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5月30日

交易進行

📊 Technical Analysis
● Fourth rejection of the descending-channel roof just above $3 330 fixed price back inside the red supply; bearish engulfing on that touch restores the pattern of lower-highs.
● The smaller rising wedge that guided the latest bounce has now cracked; the break sits beneath the $3 284 inflection, opening a vacuum to the median-band support at $3 210 and, on follow-through, the channel floor near $3 120.

💡 Fundamental Analysis
● FXStreet notes May Chicago PMI prices surged to a 2-year high while Yahoo Finance quotes Fed’s Kashkari saying “no rate cuts until inflation clearly falls,” pushing 2-yr Treasury yields above 5 % again and extending bullion ETF outflows.

✨ Summary
Fade rallies inside $3 300-3 325; sub-$3 284 breakdown targets $3 210 ➜ $3 120. Short view invalidated on 4 h close above $3 350.

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