Core Viewpoint - The gold market is experiencing a weak and volatile trend, with prices fluctuating significantly due to mixed factors including easing trade tensions and upcoming U.S. economic data that may influence Federal Reserve monetary policy [1] Group 1: Market Trends - Gold prices dropped to a low of $3120 per ounce, the lowest since April 10, before rebounding to around $3190 per ounce [1] - The market is highly sensitive to fundamental news, and without clear driving factors, prices are likely to remain in a range-bound pattern [1] - Technical indicators suggest a potential shift to a bullish trend, with a golden cross forming in the 2-hour moving average system and MACD indicators showing bullish signals [1] Group 2: Trading Strategies - A buy strategy is recommended for gold in the $3200-$3205 range, with a stop loss at $3192 and a target of $3220-$3240 [2] - A sell strategy is suggested for gold in the $3220-$3225 range, with a stop loss at $3233 and a target of $3210-$3200 [3] - The overall strategy emphasizes buying on dips while also considering short opportunities at key resistance levels, with important resistance noted at $3215-$3225 and support at $3175-$3165 [4]

Core Insights - Palm oil futures opened higher for the second consecutive trading day, but are expected to decline for two consecutive weeks, indicating potential volatility in the market [1] Group 1: Market Trends - Global trade easing and increased demand for biodiesel are contributing factors that may influence palm oil prices positively [1]