9.30 JINMAN Gold Morning Analysis: Gold bottoms out, rebounds, and stabilizes—an upswings phase is gradually unfolding!
Spot gold rebounded after finding support at its stage low of 4110.87. Bullish momentum continued to build, pushing price higher with choppy upward movement. During the session, the high reached 4187.53—its rebound exceeded 70 points. It is currently at 4168.84. There has been a slight pullback in the short term, but overall the rebound momentum has not been disrupted.
On the news front, after the logic behind cooling Fed rate-cut expectations repeatedly gained traction, the marginal impact has been diminishing. Both the U.S. dollar index and U.S. Treasury yields have stalled at high levels, with downside risks continuing to accumulate. If they start to turn lower again, it will become a direct catalyst for further gold price rebounds.
Technically, on the 4-hour chart, the MACD histogram’s green bars have turned back to positive, with the DIF curving upward. The Bollinger Bands, which were previously trending downward, have gradually flattened. Price is trading above the mid-band, indicating bullish strength is progressively taking control and that a short-term rebound trend is emerging.
Trading suggestion: Buy on dips in the 4140–4160 range, with targets at 4200 and 4220.
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Spot gold rebounded after finding support at its stage low of 4110.87. Bullish momentum continued to build, pushing price higher with choppy upward movement. During the session, the high reached 4187.53—its rebound exceeded 70 points. It is currently at 4168.84. There has been a slight pullback in the short term, but overall the rebound momentum has not been disrupted.
On the news front, after the logic behind cooling Fed rate-cut expectations repeatedly gained traction, the marginal impact has been diminishing. Both the U.S. dollar index and U.S. Treasury yields have stalled at high levels, with downside risks continuing to accumulate. If they start to turn lower again, it will become a direct catalyst for further gold price rebounds.
Technically, on the 4-hour chart, the MACD histogram’s green bars have turned back to positive, with the DIF curving upward. The Bollinger Bands, which were previously trending downward, have gradually flattened. Price is trading above the mid-band, indicating bullish strength is progressively taking control and that a short-term rebound trend is emerging.
Trading suggestion: Buy on dips in the 4140–4160 range, with targets at 4200 and 4220.
#黄金 $BTC $ETH
