6.14# Gold Weekly Outlook for Next Week



Based on 4-hour chart analysis, current spot gold is primarily dominated by a bearish trend, with a very clear downward pattern.

After the price dipped to around 4024 and reached a low point, it briefly rebounded from oversold conditions. However, this correction is relatively weak, with the candlestick bodies narrowing, and no effective reversal signals appearing. It is only a temporary consolidation within a downtrend and cannot change the overall bearish direction.

From the moving average indicators, MA5, MA10, and MA20 show a standard bearish alignment, with all three moving averages trending downward simultaneously. Currently, gold prices remain under pressure below the short-term moving averages, indicating that the bullish rebound momentum is clearly insufficient.

Based on comprehensive market signals, next week's trading will continue to follow the core strategy of shorting on rallies.

• Entry reference: When gold rebounds to the 4230-4250 range and encounters resistance, consider entering short positions with a light position.

• Target levels: The first target is around 4100-4080; if this zone is effectively broken downward, further targets can #现货黄金 be set near 4010.
GLDX0.24%
PAXG2.34%
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