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2026-05-29 10:09:16
【Short-term trading advice for spot gold: range-bound trading, buy on dips and sell on rallies】 (1) Reasons for analysis: The US PCE data met market expectations, easing market concerns about further aggressive tightening by the Federal Reserve, and gold rebounded technically from its lows. However, the US dollar index and US Treasury yields remained high, putting pressure on gold prices. Although the situation in the Middle East has eased somewhat, the demand for safe-haven assets has not completely subsided, and gold is expected to maintain a range-bound trading trend in the short term. (2) Key areas to watch: US Treasury yields, US dollar index, geopolitical situation (3) Resistance: 4530, 4560, 4600 (4) Support: 4480, 4450, 4400;
