Among all assets, US stocks and gold are most benefited by the expectation of interest rate cuts. The emotional momentum is strong.
Trading strategy: follow the trend with indicators
Resistance reference: 2500
Support reference: 2470; 2465 (stop loss)
Technical aspect: emotional market, it is difficult to determine the target position. Pay attention to the signal of the CCI trend indicator, follow the trend if it breaks through +100, and close the position if it returns to the 0 line.
XAUUSD 15-minute chart