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304 North Cardinal St.
Dorchester Center, MA 02124

● After gold price hit the historical high of 4381, it entered the correction stage, forming a sequence structure of “fall → bottom → rebound”.
Each phase lasts approximately one week.
At present, gold has entered the second wave of correction after touching 4245. From a time perspective, the current correction stage has not yet been completed.
● In the past two days, gold prices have repeatedly found support near the psychological mark of 4,000, and there have been obvious rebound signals, indicating that buyers are vigorously defending this mark and short-term buying momentum still exists.
● The short-term moving averages (MA5, MA10, MA20) move closely in the 4080-4100 area, forming strong pressure, indicating that the short-term trend is still bearish.
However, the long-term moving average is gradually rising, indicating that the support below is stable and the possibility of a deep decline is limited.
● Bollinger Bands continue to shrink, indicating oscillatory consolidation behavior.
The lower limit also gradually converges with the previous low, which limits the distance of further decline.
✅ Daily chart structure
● Gold is still in the sideways fluctuation stage, and the Bollinger Bands are gradually shrinking, indicating that a unidirectional trend is unlikely to occur in the short term.
● The lower limit gradually rises and remains consistent with the previous low → reduce downside risks.
● The upper boundary is located near 4100-4130 points, which is the main resistance area for short-term rebound.
🔴Resistance level: 4100–4130
🟢 Support level: 4005–4000
🎯 Recommended trading strategies
🔰The first strategy (sell on rebound)
● Gradually sell at 4100–4105
Target: 4050–4020
Breakout support target: 4000
🔰Second strategy (buy on pullback)
● 4000-4005 gradually buy
Target: 4020–4030
Resistance breakout target: 4050
📌 Weather forecast for next week
Overall, gold prices are still within a weak fluctuation framework and are supported below, but the momentum for rebound is limited.
Prices are expected to continue to fluctuate within the $4,000-4,100 range next week.
● If Fed officials take a “hawkish” tone:
Expectations for downgrades decline → the U.S. dollar strengthens → gold prices may test the 4,000 support.
● If the speech is in a “dovish” tone:
Downgraded expectations heat up → Gold prices may retest the 4100 resistance.
● If geopolitical tensions escalate:
Safe-haven demand may cause gold prices to break through the upper limit of the range.
**Short-term attention on Monday is still in the 4000-4100 range.
Wait for the range to be broken and then follow the trend based on the movement. **