Live Updates > Live Update Details
2026-04-23 10:02:09
【Short-term trading advice for spot gold: range-bound trading, buy on dips and sell on rallies】 (1) Reasons for analysis: The extension of the US-Iran ceasefire weakens the demand for safe-haven assets, and gold is under pressure and falls back; at the same time, the high yield of US Treasury bonds limits the upside potential of gold prices. However, energy prices push up inflation expectations, which provides some support for gold. Technically, it is in a high-level consolidation phase, and the short-term battle between bulls and bears intensifies, maintaining range-bound trading as the main trend. (2) Key focus: US Treasury yield, US dollar index, geopolitical situation (3) Resistance: 4750, 4780, 4800 (4) Support: 4700, 4660, 4620;
