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April 30 Morning Gold Outlook
The Federal Reserve's prolonged high interest rates and delayed rate cuts are bearish for gold; limited safe-haven support from the Middle East, a strengthening dollar, and continuous gold ETF reductions, overall bearish.
The market's highs are moving lower, with a bearish moving average; resistance at 4560-4580, support at 4500-4510, breaking below will lead to further decline.
Operate mainly by shorting on rebounds, short at 4530 and 4510 within the 4560-4580 range; if support stabilizes, consider light short-term long positions, quick in and out. $BTC $DOGE $SOL #WCTC交易王PK