Xingran Evening Gold 4-Hour Market Analysis (2026.9.24)
Fed officials turned hawkish in rapid succession: the probability of a rate hike in October is about 70%, rising to 95% in December. The US dollar broke above 101, while US Treasury yields touched 5.135%, the highest since 2007.
Gold ETFs saw net inflows of over 4 billion yuan in the past week. The bearish-news sell-off has largely run its course, and the central bank’s gold purchases provide underlying resilience.
Since falling from 4399, price has been trending down to print a new low at 4235. Current price is 4278. After the sharp drop, there has been only a modest rebound; the bearish structure remains unchanged. Resistance lies at 4317. Support is at 4244, with stronger support at 4235.
Strategy Reference
Resistance 4317
Support 4244 (strong support 4235)
Invalidation line 4358
Entry: Short on the rebound at 4300–4318, place a stop loss above 4358.5, and target 4244 → 4235.
Summary
A hawkish backdrop dominates pressure. 4235.24 is a key support level; a breakdown would accelerate the move lower. Rebounds face pressure and are opportunities to stay short. Use strict stop losses. $XAU #美债10年期收益率创19年新高 #比特币两度受阻87300美元
Fed officials turned hawkish in rapid succession: the probability of a rate hike in October is about 70%, rising to 95% in December. The US dollar broke above 101, while US Treasury yields touched 5.135%, the highest since 2007.
Gold ETFs saw net inflows of over 4 billion yuan in the past week. The bearish-news sell-off has largely run its course, and the central bank’s gold purchases provide underlying resilience.
Since falling from 4399, price has been trending down to print a new low at 4235. Current price is 4278. After the sharp drop, there has been only a modest rebound; the bearish structure remains unchanged. Resistance lies at 4317. Support is at 4244, with stronger support at 4235.
Strategy Reference
Resistance 4317
Support 4244 (strong support 4235)
Invalidation line 4358
Entry: Short on the rebound at 4300–4318, place a stop loss above 4358.5, and target 4244 → 4235.
Summary
A hawkish backdrop dominates pressure. 4235.24 is a key support level; a breakdown would accelerate the move lower. Rebounds face pressure and are opportunities to stay short. Use strict stop losses. $XAU #美债10年期收益率创19年新高 #比特币两度受阻87300美元
