#布伦特原油涨破90美元 Cheng Jingsheng｜Spot Gold Morning Analysis
Last week, Federal Reserve Chairperson Waller issued clear hawkish remarks, and the market’s rate-hike expectations continued to rise. In the early part of today’s trading, news flow continues to intensify. Gold opened with a modest rebound to around 4472, but met resistance and pulled back. It dipped to a low of 4396 and is currently trading around 4430.
The market is digesting the hawkish rate-hike stance. On the 4-hour chart, there are temporary signs of a pause in the decline, but the broader trend still leans bearish. Support at 4415 and 4400 remains valid for now. The key is whether price can hold during the afternoon European session.
For trading ideas, maintain a bias toward selling rallies. You may look to set sell orders in the resistance zone of 4435–4455, aiming for 4410 and 4385. Since market volatility is high, be sure to strictly control position size and set a stop-loss.
The above is for sharing market analysis only and does not constitute investment advice. Trading involves risk; enter the market cautiously.$XAU
#XAUUSD
Last week, Federal Reserve Chairperson Waller issued clear hawkish remarks, and the market’s rate-hike expectations continued to rise. In the early part of today’s trading, news flow continues to intensify. Gold opened with a modest rebound to around 4472, but met resistance and pulled back. It dipped to a low of 4396 and is currently trading around 4430.
The market is digesting the hawkish rate-hike stance. On the 4-hour chart, there are temporary signs of a pause in the decline, but the broader trend still leans bearish. Support at 4415 and 4400 remains valid for now. The key is whether price can hold during the afternoon European session.
For trading ideas, maintain a bias toward selling rallies. You may look to set sell orders in the resistance zone of 4435–4455, aiming for 4410 and 4385. Since market volatility is high, be sure to strictly control position size and set a stop-loss.
The above is for sharing market analysis only and does not constitute investment advice. Trading involves risk; enter the market cautiously.$XAU
#XAUUSD
