Hua Zai's Market Commentary Morning Gold Outlook:



Good morning, gold tested lows yesterday and rebounded, moving in a range with oscillations, with no clear trend of bullish or bearish dominance.

The US dollar and US Treasury bonds continue to suppress the market, with obvious resistance on the upside during rebounds, and strong buying support at lower levels, resulting in short-term range consolidation and oscillation.

The daily chart closed with a bearish candle, maintaining the pattern of a retreat from high levels, with insufficient momentum for a rebound, but the downside space is also limited, with key support intact.

As the weekend approaches, trading is light, with no major news affecting the market, likely to continue range-bound oscillation.

In the morning, holding above support and below resistance, traders can consider light positions for range trading—selling at highs and buying at lows—without chasing orders, maintaining a cautious and steady approach.

Trading Suggestions:
Short in batches at 4685-4688

Target
4700-4750
View Original
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FenerliBaba
· 21h ago
2026 GOGOGO 👊
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CaptainChenOfTheEncryptionTeam
· 21h ago
Huazi's Market Morning Gold Outlook:

Good morning, gold tested lows yesterday and rebounded, moving in a range with oscillations, with no clear trend of bullish or bearish dominance.

The US dollar and US bonds continue to suppress the market, with obvious resistance on the upside during rebounds, and strong buying support at lower levels, resulting in short-term range consolidation and shakeout.

The daily chart closed with a downward correction, and the high-level pullback pattern remains unchanged, with insufficient rebound momentum, but the downside space is also limited, with key support intact.

As the weekend approaches, trading is light, with no major news impact, likely to continue range-bound oscillation.

In the morning, holding onto support and resistance levels, light positions for high sell and low buy within the range, avoid chasing orders, and adopt a cautious approach.

Trading Suggestions:
Short in batches at 4685-4688

Target
4700-4750
View OriginalReply0
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