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2026-04-08 10:03:42
【Short-term trading advice for spot gold: high-level fluctuations, sell on rallies and buy on dips】 (1) Reasons for analysis: The decline in the US dollar index and the support of inflation expectations have kept gold at a high level, but the uncertainty of the Fed’s interest rate cut expectations limits the upside potential. Although geopolitical risk aversion has cooled down, it has not completely subsided. The technical structure shows that the gold price is in a high-level consolidation range, and the short-term direction is still unclear. Overall, it is mainly fluctuating. (2) Key focus: US Treasury yield, US dollar index, geopolitical situation (3) Resistance: 4850, 4880, 4900 (4) Support: 4780, 4750, 4700;
