4.28 Laosi Morning Gold Outlook Sharing

Today’s market will see two major key events: the release of U.S. core PCE inflation data, combined with the Federal Reserve's interest rate decision, both of which will directly influence the subsequent trend of gold prices.

Before the data is officially released, market sentiment remains cautious, with ongoing battles between bulls and bears, and gold prices fluctuating within a wide range. The overall market is under significant pressure, with bullish momentum insufficient and upward movement weak.

Based on short-term technical analysis, after a quick surge, gold prices have fallen back sharply, losing key support levels, establishing a short-term bearish pattern. The trading strategy for the day is clear: primarily look for short opportunities on rebounds.

Trading Recommendations

Gradually build short positions within the 4700-4720 range, with stop-losses set above 4735; short-term targets are around 4650-4670. If the price breaks through these levels effectively, consider reducing positions and continuing to hold. #黄金 #现货黄金