The gold price 
has now retreated to the 2600 mark, reaching a high of around 2615, but has not yet broken through 2620. There is still a chance to be bearish before crossing 2620. The gold price is currently forming a price quiet zone in the 2605-2615 range. The trading strategy should be mainly based on breakthrough follow-up, and pay attention to the opportunity to follow the short position after crossing 2605. The support below is at the rising and flat rising relay area of ​​2695, and the bottom neckline of 2675.
The sharp drop in the US dollar 
provides an opportunity for the gold price to rebound, but it can be found that this wave of rise is still following the overall commodities, considering the continued negative impact of Trump’s tariffs on the commodity market. The rise of gold is difficult to continue in the short term.
Trading strategy: (mean reversion) short after breaking through 2605
Resistance reference: 2600; 2620
Support reference: 2605 (breakthrough); 2595; 2575
XAUUSD 30-minute chart
