Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124

In the past 48 hours, the price of gold has rebounded sharply from around $4,470, achieving a gain of nearly $100!
Investors who sold at a loss for less than $4,500 may now regret it!
Three major news events caused prices to rise simultaneously:
① The United States and Iran reached a framework agreement! As the opening of the Strait of Hormuz approaches, oil prices fell 5% and geopolitical risk premiums also fell.
Falling oil prices = lower inflation expectations = weaker reasons for the Fed to raise interest rates = the biggest negative factor for gold has fallen!
② The U.S. dollar index fell below 99! This is the first time in about two months; a sharp decline in the value of the dollar will naturally push gold prices higher.
③ Institutional investors began to switch from short to long!
$4580-4600: Short-term resistance; a break above this level could lead to further gains above $4,650.
$4530-4500: Strong support area, confirmed by three bounces.
Below $4,450 was support last week; now looks to be an excellent entry opportunity.
Technical analysis summary: The daily chart shows two consecutive days of gains, a bottom has been formed, and buyers are taking over from sellers!
👈 Main strategy: Buy on rebound to the $4530-4540 area, set stop loss orders below $4500, and target prices between $4580 and $4650.
👈 For aggressive traders: Try buying directly above 4550, adding to the position at 4530, and placing a comprehensive stop loss order at 4500.
👈 For short sellers: avoid shorting in the 4570-4580 range; short selling is only suitable for short-term trading, and falling below $4600 means immediate stop loss.
The main trading strategy this week is still to buy on dips.
💎【Key Points】 Don’t wait for $4,500 – this was last week’s low. The correct strategy is to wait for the price to fall to the $4530-4540 range before buying.
Breaking through $4,580 is a signal to increase positions, with a target price of $4,650-4,700.
Gold prices rose from $4,470 to $4,567 in less than 48 hours. The market always rewards those who predict the right direction and punishes those who follow either trend without thinking.
The current price of $4,567 is still low, and there is still plenty of room for growth!