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Spot gold short-term trading advice: range-bound trading, sell on rallies, buy on dips.

Spot gold short-term trading advice: range-bound trading, sell on rallies, buy on dips.

智通财经智通财经2026/07/30 21:01
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(1) Analysis: Spot gold rebounded to around $4,080, supported by differences in the Federal Reserve's interest rate decision and safe-haven demand. The Federal Reserve kept interest rates unchanged, but hawkish expectations are limiting the upside. The US dollar trend and US Treasury yields remain the main pressure factors. Ongoing geopolitical risks continue to enhance gold's appeal as a safe haven. In the short term, pay attention to whether the $4,100 level is breached, with the overall outlook remaining range-bound. (2) Key focus: US Treasury yields, US Dollar Index, geopolitical situation (3) Resistance: 4,100, 4,120, 4,150 (4) Support: 4,050, 4,020, 4,000;
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