9.25 Gold Investing Guest Morning Review: A Double-Bottom Solidifies the Base for a Rebound! Gold Finds a Bottom and Stabilizes
Gold has turned in a bottoming-and-rebounding move. After dipping to the 4256 low, it stopped falling and stabilized. Bullish momentum has gradually kicked in, pushing the price higher in a choppy upward range, with the overall downside momentum fully released.
The big-picture direction of the Federal Reserve rate-cut cycle remains unchanged. The market still holds expectations for further rate cuts later this year. After the U.S. dollar index surged, its momentum gradually weakened. U.S. Treasury yields faced resistance on the upside, and the ongoing pressure on gold’s pricing end continued to ease.
On a 15-minute timeframe, the rebound started from the lower band (BOLL) area and gradually moved toward the mid-band. The band opening has shifted from expanding to narrowing, and bearish momentum continues to fade. Price has reclaimed the short-term moving averages, and the suppressive force has noticeably weakened.
On pullbacks, go long in the 4240–4260 zone, targeting 4290 and 4310.
$XAU $ZEC #黄金
Gold has turned in a bottoming-and-rebounding move. After dipping to the 4256 low, it stopped falling and stabilized. Bullish momentum has gradually kicked in, pushing the price higher in a choppy upward range, with the overall downside momentum fully released.
The big-picture direction of the Federal Reserve rate-cut cycle remains unchanged. The market still holds expectations for further rate cuts later this year. After the U.S. dollar index surged, its momentum gradually weakened. U.S. Treasury yields faced resistance on the upside, and the ongoing pressure on gold’s pricing end continued to ease.
On a 15-minute timeframe, the rebound started from the lower band (BOLL) area and gradually moved toward the mid-band. The band opening has shifted from expanding to narrowing, and bearish momentum continues to fade. Price has reclaimed the short-term moving averages, and the suppressive force has noticeably weakened.
On pullbacks, go long in the 4240–4260 zone, targeting 4290 and 4310.
$XAU $ZEC #黄金
