After the release of the US 
GDP, the price of gold 
plummeted, but as the US stock market rebounded, it did not fully reflect the rise of the US dollar 
, and the price of gold rose a bit too much. Considering that the US Treasury bond interest rate has just started to rebound this week, the bet of a 50 basis point rate cut is still as high as 34%, and the room for gold to rise is small, and the room for decline is large.
The shock is obvious. After hitting the resistance of multiple previous highs at 2525, the price of gold fell again. Before the data is released, the price of gold maintained a short trend and was short. After the data is released, it is necessary to cooperate with the data market trading. If PCE meets expectations, the price of gold will continue to fall.
Trading strategy: Keep selling high and buying low in the short term, and be short in the day.
Resistance reference: 2520-2525; 2530
Support reference: 2510; 2500-2505
XAUUSD 1-hour chart
Please share your commons below~