Bottom fishers crying in despair! Gold will fluctuate sideways to slightly bearish next week; rebounds are good opportunities to short

Next week, the overall trend of gold will be sideways to slightly bearish, with Thursday’s PCE data determining the mid-term direction. The market expects the Federal Reserve to most likely raise interest rates, and a strong dollar will continue to suppress gold prices. Only a sudden change in Middle East tensions can temporarily stimulate a rebound in gold prices.

From a news perspective, the market has completely discounted rate cuts, with expectations of rate hikes continuing to rise. A strong dollar keeps pressuring gold prices downward. Only Middle East tensions can temporarily drive safe-haven buying, and Thursday’s inflation data will directly determine the strength of the market moving forward.
On the technical side, the overall trend is weak with a bearish dominance. Resistance at 4530-4550 is very strong, and 4450 is an important support level. Losing this support could lead to a further decline toward 4370 lows.
Finally, Teacher Yanyan’s trading strategy: early in the week, prioritize shorting on rebounds, cautiously bottom-fishing, and gradually build positions in the resistance zone. If it stabilizes around 4450, go light on long positions for quick entries and exits. Strictly set stop-losses, control position sizes, and avoid risks.
Warm reminder: Trading involves risks. Entering the market requires caution. Steady and long-term profits are far more important than short-term gains. #黄金 #黄金