April 14 Morning Gold Outlook



After yesterday's bottoming out, rebound, and significant volatility, the market stabilized and rebounded, with the bulls gradually regaining ground; currently, the geopolitical situation is slightly warm, and the Federal Reserve expectations are adjusting, leading to a tug-of-war between bulls and bears, with the volatility leaning stronger.
The current price is about 4764, with a short-term range of 4723–4749 showing relatively strong movement, the Bollinger Bands are narrowing, the middle band at 4736 serves as the dividing line between bulls and bears, and the price is approaching the upper band, gathering momentum.

Key Levels

Support: 4730 (initial), 4705–4720 (strong support)

Resistance: 4780 (first), 4800 (strong resistance)

Trading Suggestions

Buy low on dips to 4730–4735 with a stop loss at 4715, targeting 4780 and 4800.

If there is a deep correction to 4705–4720, add long positions with a stop loss at 4685, targeting the same levels as above.

Tomorrow night’s US CPI report, today is expected to be volatile; strictly use stop losses, trade lightly in batches, avoid chasing highs, and do not hold heavy positions against the trend.
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