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April 13, 2026, Spot Gold Morning Analysis
Influenced by Trump's comments on the US-Iran situation, spot gold opened gap down this morning, dropping from last week's close of 4749 to 4670 at the open, a gap of 79 dollars.
The price briefly dipped to 4645 before stabilizing, currently oscillating weakly in the 4650-4660 range. Short-term support is seen at 4645, strong support at 4610; short-term resistance at 4670, strong resistance at 4700.
The market has not yet fully digested the impact of related comments, and bearish sentiment still dominates.
For trading, it is recommended to gradually establish short positions around the opening price of 4670 and near the strong resistance of 4700, targeting 4650, 4630, and 4600, with a stop-loss at 4710.
The above is only personal advice for reference and does not constitute investment guidance. Please follow Cheng Jingsheng's and Shipan's layout for specifics! $XAU #XAU