7.27 Invest in Gold Guest Gold Morning Report: Big Drop! Gold Bulls and Bears Are Killing Each Other in Red

Last week, gold overall maintained a range-bound oscillation pattern, and the majority of swing moves matched expectations—within the range, the timing of the highs and lows was controlled precisely.

This round of gold prices first rose then fell, essentially driven by repeated market maneuvering over expectations for Federal Reserve rate cuts. The U.S. Dollar Index strengthened in the short term, and combined with profit-taking funds consolidating at high levels, gold quickly came under pressure and pulled back.

On the 30-minute short-cycle chart, bullish momentum has already shown clear signs of weakening: the MACD red histogram keeps narrowing. After the price surged, it fell back to around the BOLL midline, and the support effectiveness of short-term moving averages has been gradually weakening.

Place sell orders on the rebound in the 4100-4120 range, with targets at 4060 and 4040
$XAU #黄金