Today’s Gold Market Analysis

Yesterday, during the daytime trading hours, gold experienced continuous volatility and a downward trend, falling from 4613 all the way down to 4515, with a daily decline of nearly one hundred points. The bearish selling pressure was strong, and the downward momentum was significant.

At 2:00 AM, the Federal Reserve maintained its high interest rate stance as expected, with hawkish comments directly delaying market expectations of rate cuts, forming a clear medium- to long-term suppression of gold prices. Coupled with the gradually fading geopolitical risk sentiment in the Middle East and the strong rise of the US dollar index, gold ETFs continued to see capital withdrawals and selling, establishing a complete bearish trend.

Currently, gold is undergoing a technical rebound after being oversold, with a short-term slight increase driven by bargain-buying. However, it has not been able to break through the large-scale downward oscillation structure, and the rebound is only a weak correction. Overall, the trend remains biased downward.

Trading Strategy: During the rebound, gradually establish short positions in the 4590–4615 range, with the first short-term target at the 4500 level; if the 4500 support is effectively broken, add positions accordingly and target the 4400 level. $BTC $GT $ETH #美联储利率不变但内部分歧加剧 #比特币现货交易量新低 #油价突破110美元