Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
July 9 Gold Morning Comment: Small Recovery at Low Levels, Short-Term Bearish Bias
Market Review: Gold prices previously fell sharply to a low of 4021 and are now recovering slightly with sideways consolidation. The rebound is limited, and the overall bearish dominance remains unchanged.
Technical Analysis: On the 1-hour Bollinger Bands, the bands are sloping downward: upper band 4131.15, middle band 4076.52, lower band 4021.89. Prices are under pressure below the middle band. On the 30-minute chart, Bollinger Bands are also moving lower: upper band 4099.45, middle band 4067.04, lower band 4034.62. The RSI on both timeframes is in the neutral zone, indicating only a minor indicator recovery.
Short-term resistance: 4099, 4131; support: 4034, 4021.
Coco’s Suggestion: The main intraday direction is to sell on rallies. Short near 4085-4100 with targets at 4065, 4035. After the low stabilizes, set up long positions. Strictly use stop losses.
Disclaimer: The above is only personal opinion and does not constitute investment advice.