6.12 Gold Morning Outlook Analysis

The gold 1-hour chart has formed a “V-shaped rebound followed by a pullback.” Last night, the US-Iran situation lifted gold from the 4025 low to around 4250, but it has now fallen back to around 4194—an example of “a sentiment surge driven by news followed by a return to technical rationality.”

From the 4-hour technical perspective, 4230-4250 above is a strong resistance zone. Before the rebound breaks the previous high, bullish momentum is clearly weakening. Currently, the candlesticks are consecutively closing bearish, showing signs of a second attempt at a bottom in the short term. On the news front, risk-aversion sentiment is only a short-lived pulse; the market is still dominated by the Federal Reserve’s rate-hike expectations, and rising US Treasury yields continue to weigh on gold.

In terms of trading, it is recommended to take a light short position in the 4200-4220 range, with a stop loss placed above 4255. The targets are 4150-4120; if it breaks below 4100, you can look toward around 4070. Overall, the market leans toward ranging with a bearish bias—avoid chasing rallies or panic selling, and wait for the rebound resistance level to re-enter for a safer setup.