In the early trading session, gold surged to 4833 but faced resistance and pulled back, touching a low of 4775. Currently, it is fluctuating narrowly around 4780, with a short-term trend leaning weak.



Affected by the strengthening of the US dollar and US Treasury bonds, the Fed's rate cut expectations becoming more uncertain again, and a cooling of risk aversion sentiment, many long positions at previous lows have been closed for profit, putting downward pressure on gold prices.

Technically, the downward trend remains intact, with the key resistance zone at 4810–4820. If it fails to break through for a long time, gold is likely to continue declining; the support range below is 4775–4790. Once broken, the next test will be at 4760.

Trading suggestions:
Rely on the support zone of 4770–4790 to buy on dips in batches, with the initial target at 4820–4830. After breaking through, aim for above 4840. $BTC $ETH #美伊二轮谈判进展 #Saylor发布比特币Tracker信息
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