Muyao: Double Bearish Pressure, Morning Gold Recovery Does Not Change Downward Trend



Geopolitical tensions continue to escalate, while the U.S. dollar and U.S. Treasury yields rise simultaneously, both factors putting persistent pressure on gold prices. No key data is released during the Asian session, and the market is mainly seeing minor technical corrections, with prices currently around 4075.

On the hourly chart, the decline has slowed, leaving only limited room for a small rebound. The four-hour cycle shows a firm bearish structure, and the trend has not reversed.

Key resistance levels to watch: 4090 and 4120; support levels: 4030 and 4000.

Trading strategy:
On a rebound to 4080–4100, enter short orders in batches, target 4065, and if breached, can look toward 4020.

Note:
The above analysis is Muyao's personal view. The market changes rapidly. This content is for reference only and does not constitute investment advice!
$XAUT
XAUT-1.45%
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InstantNoodle-LevelResearcher
· 35m ago
Geopolitical + dollar double blow, gold truly hard to withstand.
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ColdWalletUnderTheNeonLights
· 56m ago
4075 is in an awkward position — unable to break higher or lower.
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MoonlightReef
· 1h ago
The 4-hour bearish pattern hasn't been broken; a rebound is an opportunity.
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ExitLiquidityIntern
· 1h ago
If the RTX 4090 fails the stress test, the short logic still holds.
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