Gold Midday Outlook

This morning, gold experienced weak fluctuations, stabilizing slightly after a dip to 4480 in the early hours with a slight rebound, the Asian session saw a lack of upward momentum, reaching 4588 before retreating, and the entire day remained in a narrow range of 4550–4590, with the bulls unable to sustain the momentum.

U.S. inflation data strengthened, rate cut expectations were delayed, the dollar strengthened, and risk aversion cooled down, leading to a generally bearish outlook for gold.

The market is dominated by bears, with consecutive daily declines, insufficient rebound momentum, and no reversal signals yet.

Operation: Short in batches around 4570–4580 on rebounds, with a stop loss above 4600, targeting 4530–4510; on dips to 4500–4510 with stabilization, take light long positions with a stop loss below 4480. Follow the trend if broken, strictly manage stop-loss. #TradFi交易分享挑战 #PYTH今日解锁21.3亿枚代币