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

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

智通财经智通财经2026/07/21 02:31
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(1) Analysis: Gold prices are fluctuating around $4,000, with the strong US dollar and high US Treasury yields limiting upside potential, but geopolitical risks continue to provide safe-haven support. The market is focused on the Federal Reserve's interest rate path and changes in inflation data. If expectations for rate cuts increase or risk sentiment worsens, gold still has the opportunity to rebound. (2) Key focus: US Treasury yields, US Dollar Index, geopolitical situation (3) Resistance: 4,050; 4,080; 4,100 (4) Support: 3,980; 3,950; 3,900;
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