adong

$4,000 Becomes the Divide Between Bulls and Bears
International spot gold (London gold) experienced a significant correction in late October, briefly falling below the $4,000 level and hitting a low near $3,986, close to the yearly low of $3,942. It then rebounded somewhat, supported by falling oil prices and dip-buying, closing at $4,060 per ounce on October 27, but institutions characterized the rebound as a “technical recovery” rather than a trend reversal. During the Asian session on October 29, gold fluctuated around $4,075.#美联储继续按兵不动
$XAUT

Spot Gold$XAUT ‌

- Support: First support at $4,010–$4,000; strong support at $3,975. A break below this level would open the door to further downside
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- Resistance: First resistance at $4,065; strong resistance at $4,090–$4,120. Only holding above $4,120 would reverse the short-term weakness and pave the way for a meaningful rebound

✅ Scenario Outlook

1. PCE inflation rises → U.S. Treasury yields climb and the dollar strengthens → Gold is likely to retest around $4,000 or even $3,975
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2. PCE inflation falls below expectations → Rate hike expectations ease, and gold rebounds to test $

Key Drivers of Gold (News Factors)

1. Fed expectations (the most important short-term factor): The Fed kept rates unchanged but struck a hawkish tone, and markets are still pricing in the possibility of a rate hike in December; as long as U.S. Treasury real yields and the dollar remain relatively strong, gold prices are likely to come under pressure. The main focus tonight is the U.S. PCE inflation data (the Fed’s core inflation indicator): a higher-than-expected PCE reading would be bearish for gold, while a lower-than-expected reading would favor a rebound.
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2. Geopolitics provides suppor

October 29 Gold Market Analysis (For reference only; not investment advice)

Risk warning: Gold is extremely volatile, and short-term trading carries very high risks. Do not take large positions or use leverage; gold ETFs and physical gold are suitable for long-term allocation, not frequent short-term speculation

✅ Current market

London spot gold: fluctuating around $4042; Shanghai gold (gold futures) around 869 yuan/gram, Gold T+D at 867 yuan/gram
Overall trend: low-level fluctuation after a sharp drop; $4,000 is a key psychological level for bulls and bears, with fierce tug-of-war and h

$TSLA rose today, btc fell

waiting for increase