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Spot gold short-term trading suggestion: the trend is moving upwards, buy on dips

Spot gold short-term trading suggestion: the trend is moving upwards, buy on dips

智通财经智通财经2026/08/19 02:16
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(1) Analysis Reason: Gold has returned above $4,300. On the previous day, it was suppressed by the rapid rise in US Treasury yields, but weaker US inflation and employment data have cooled expectations for further rate hikes, limiting the upside for the USD. Geopolitical risk aversion and central bank demand continue to provide support. In the short term, focus on the impact of yield fluctuations and the Federal Reserve meeting minutes on gold prices. Treat the range cautiously until the resistance level is breached.(2) Key Focus: US Treasury yields, USD index, geopolitical situation(3) Resistance: 4,400, 4,460, 4,500(4) Support: 4,320, 4,300, 4,250
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