Spot gold: Range-bound fluctuations, sell on rallies, buy on dips
智通财经2026/10/09 02:36Reason for analysis: Spot gold rebounded near a two-month low, but the Federal Reserve meeting minutes show that most officials believe it may continue to raise interest rates this year. The strengthening of the US dollar and high US Treasury yields still exert pressure. The easing of tensions between the US and Iran has reduced some safe-haven demand. After technical indicators became oversold in the short term, there was a corrective rebound, but a reversal has not yet occurred, so the range-bound strategy is maintained. Key focus: US Treasury yields, US Dollar Index, geopolitical situation Resistance: 4200, 4230, 4270 Support: 4130, 4100, 4070
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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