Yesterday, the two consecutive news of Haniyeh’s death and Powell’s speech caused the gold price to rise by $70. The emotional momentum is indeed very strong, but from a realistic point of view, Haniyeh’s death cannot change the war situation, and the war will not become more intense or calmer. The same is true for Powell’s speech. Although he mentioned that interest rates may be cut in September, the market’s expectation is a direct 50 basis point cut in September, or three consecutive cuts in the future. The current expectations incorporated into the market price are still excessive. The point that makes the market sober may be tomorrow’s non-agricultural. The only thing that supports the gold price is Harris’s elimination of Trump’s advantage, and the decline in long-term bond interest rates brought about by Trump’s cooling of transactions.
Intraday trading strategy: After the hourly K-line entity falls below 2440, follow short selling.
Resistance reference: 2450 (stop loss)
Support reference: 2420; 2410; 2400
Technical aspect: Once it falls below 2440, the head appears, and the short pressure comes. However, the gold price is prone to false breakthroughs, so entry into the market must wait for the hourly K-line to close.
XAUUSD 15-minute chart 
Please share your commons below~~~
The price of gold fluctuates sideways at a high level and is poised for a breakthrough. You should consider stepping back to place a long position or pursue the long trend.
News: The market’s expectations for a recession in the United States have gradually increased, and Israel’s multiple attacks have increased the possibility of opening large-scale battlefields locally.
Trading strategy: Chase long on breakthrough, go long on resistance.
Resistance reference: 2460, 2478
Support reference: 2432, 2412
XAUUSD 1 hour chart​:1st_place_medal:
Please share your commons below~~~
has caused the gold price 
have gradually increased, and multiple attacks by Israel 
