Key pressure range of gold price: 3440-3450GoldOANDA:XAUUSDEmily990099Key pressure range of gold price: 3440-3450 At the weekend, let's analyze the macro trend of gold. As shown in Figure 4h. The orange channel clearly and accurately presents the macro trend of gold price in the past year. It is a very interesting price. The current gold price is running around 3450, which is close to the top pressure range of the macro trend. For this reason, we did not hesitate to short in the 3440-3445 range on Friday, and then took profits in the 3430-3425 range. This is the first opportunity to touch the pressure level of the annual trend channel, which is a perfect intraday strategy. Therefore, now we extend the expectation of gold price next week through trend extension and point extension: Expected increase: 3600 Expected decrease: 3250 Current price: 3432 It is very interesting that: (3600+3250)/2=3425 That is to say, the performance of gold price next week will fluctuate in the range of 3420-3430. As geopolitical tensions in the Middle East intensify over the weekend, gold prices may continue to benefit from risk aversion next week. It is expected that gold prices will target $3,500/ounce at the beginning of next week. Factors such as the Fed's decision and Powell's speech during the week will also have an impact on gold prices. In addition, US President Trump will visit Canada from June 15 to 17 to attend the G7 summit. His speech at that time may also affect gold price fluctuations, which is worth paying attention to. Intraday operation suggestions: mainly long on dips, supplemented by short at highs; Support level focuses on the 3395-3400 area; Pressure level focuses on the 3440-3450 area. 1: As long as the gold price is above $3,400, the gold price will adopt a low-price long strategy, and the stop loss is set at 3390. 2: As long as the gold price is below 3,450, the gold price will adopt a short strategy, and the stop loss is set at 3,460. Steady operation suggestions: give up shorting and only focus on long opportunities. Radical suggestion: intraday trading, with a profit target of 10 points, both long and short positions can be tried, strictly follow the above 12 strategies