#外汇黄金[超话]# Good morning everyone!

Yesterday, gold showed overall weakness, presenting a pattern of rallying and then falling back. After rebounding from lows to around 4602 in early trading, buying power gradually weakened, and prices fell into consolidation at higher levels; in the afternoon, the battle between bulls and bears intensified, with prices showing repeated volatility; at the close, dragged down by overall sentiment, prices declined again, touching a low of 4456 before showing some recovery, maintaining weak oscillations throughout the day.

Regarding geopolitical risks, tensions in the Middle East remain elevated, market risk-aversion sentiment has somewhat revived, providing certain support to gold prices at lower levels.
On macroeconomic data, the market still holds strong expectations regarding US inflation and employment data; US Treasury yields and the dollar index fluctuate frequently, with bullish and bearish factors intertwined, gold prices in the short term remain mainly characterized by weak oscillations.

On the technical side, gold is currently trading in the lower-middle band of the Bollinger Bands. The short-term bearish trend is relatively clear. The 4538 level represents Bollinger Band middle band resistance, an important barrier for intraday bull rallies; 4501 is a key support below, determining whether short-term lows can be held. Currently gold is oscillating narrowly around 4506, with moving averages showing bearish alignment, the weak structure has not yet changed, key attention should be paid to whether support levels are broken.

Trading Reference:
If price holds firm after retracing to the 4445–4435 zone, consider scaling into long positions in batches
Targeting resistance levels upward at 4570, 4610 respectively#黄金##金价##外汇黄金##侠客聊股市超话#