Gold, continued to rise after a pullback

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📌 Driving events

Israel and Iran launched a new round of attacks on each other on Sunday (June 15), exacerbating market concerns that the escalation of the war could trigger a wider regional conflict, and gold continued to receive support from safe-haven buying. (The author believes that according to media reports, Iranian leaders have shown a tougher attitude, and Iran cannot be ruled out to give Israel a strong counterattack, so the geopolitical situation in the Middle East may escalate in the next few days, and gold as a safe-haven asset will shine even brighter.

Kremlin: (On Putin's possible mediation of the Israeli-Iranian conflict) Russia is ready to intervene at any time if necessary. (The author hopes that the two countries will be reconciled as soon as possible)

📊Comment Analysis

1-hour chart: The rising channel breaks down, and short-term shorting is at 3442.

💰Strategy Package

Today's US market plans to sell high and buy low in the 3408-3452 range. If the range breaks, follow the trend, strictly lighten the position and set a good stop loss.

⭐️ Note: I hope traders can properly manage their funds

- Choose the number of lots that matches your funds

I hope everyone will set rules, control emotions, and take a long-term view, and slowly get rid of the control of desire, be at ease in the trading market, find their own way to make money, and truly enjoy the fun and rewards brought by trading.

Penafian

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