Xingran Morning Gold 4-Hour Market Analysis (2026.9.25)
Rising interest rates weaken the appeal of non-interest-bearing assets, and a stronger U.S. dollar makes gold priced in dollars more expensive for overseas buyers, continuously increasing the opportunity cost of holding gold.
Saxo Bank noted that $4,235 is a key near-term support level. If it breaks, a deeper correction may follow. The structural demand for gold ETFs—“buy the dip”—still exists, but in the short term it is difficult to reverse the bearish momentum.
On the 4-hour timeframe, price has been falling from 4,399, dipping as low as 4,235. The current price is 4,273. We are now in a low-range consolidation and repair phase after a sharp drop. Overall, the broader trend still leans bearish. Resistance is at 4,279.66, with stronger resistance at 4,317; support is at 4,267, with stronger support at 4,235.
Strategy Reference
Resistance 4279
Strong Resistance 4317
Support 4267
Strong Support 4235
Invalidation Line 4317
Entry: Enter short positions in the 4277–4280 rebound range. Stop loss: above 4317.42. Targets: 4268 → 4235.
Summary
With a cluster of hawkish Fed officials + both the dollar and U.S. Treasuries strengthening, bearish pressure is clear. 4235.24 is a key support level; a break would accelerate the downside. A rebound into the 4277–4280 zone is a good opportunity to go short. Use a strict stop loss. $XAU #比特币两度受阻87300美元 #币安将上市Hyperliquid（HYPE）
Rising interest rates weaken the appeal of non-interest-bearing assets, and a stronger U.S. dollar makes gold priced in dollars more expensive for overseas buyers, continuously increasing the opportunity cost of holding gold.
Saxo Bank noted that $4,235 is a key near-term support level. If it breaks, a deeper correction may follow. The structural demand for gold ETFs—“buy the dip”—still exists, but in the short term it is difficult to reverse the bearish momentum.
On the 4-hour timeframe, price has been falling from 4,399, dipping as low as 4,235. The current price is 4,273. We are now in a low-range consolidation and repair phase after a sharp drop. Overall, the broader trend still leans bearish. Resistance is at 4,279.66, with stronger resistance at 4,317; support is at 4,267, with stronger support at 4,235.
Strategy Reference
Resistance 4279
Strong Resistance 4317
Support 4267
Strong Support 4235
Invalidation Line 4317
Entry: Enter short positions in the 4277–4280 rebound range. Stop loss: above 4317.42. Targets: 4268 → 4235.
Summary
With a cluster of hawkish Fed officials + both the dollar and U.S. Treasuries strengthening, bearish pressure is clear. 4235.24 is a key support level; a break would accelerate the downside. A rebound into the 4277–4280 zone is a good opportunity to go short. Use a strict stop loss. $XAU #比特币两度受阻87300美元 #币安将上市Hyperliquid（HYPE）
