5.14 Jin Jin Chengfeng Gold Morning Analysis



Core judgment: Range-bound fluctuation, leaning towards weak consolidation. High inflation suppresses gold prices, but there is buying support below.

Key price levels:
· Resistance: $4,730 (strong-weak boundary); $4,770 (strong resistance)
· Support: $4,670 (short-term key); $4,640 (last line of defense for bulls)

News analysis:
· Bearish: US PPI exceeds expectations, rate cut expectations vanish, US dollar is strong
· Bullish: Geopolitical risks remain, physical gold buying at low levels

Sino-US meeting: Any sudden statement could cause sharp short-term volatility
Evening: US initial jobless claims data

Trading strategy:
Recommend a "high sell, low buy" range trading approach with light positions and staggered entries, avoid chasing rallies or panic selling
Short: Enter when rebound faces resistance in the 4720-4740 zone
Long: Enter when retesting and stabilizing in the 4640-4660 zone
One sentence summary: No clear direction, trade short-term, watch for events. #黄金 #现货黄金 ##现货黄金 #黄金
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