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

汇通财经2026/05/14 02:10

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(1) Analysis: The higher-than-expected US PPI data has led the market to bet again on the Federal Reserve maintaining high interest rates, which supports US Treasury yields and the US Dollar Index, exerting some pressure on gold. However, escalating tensions in the Middle East have increased safe-haven demand, limiting the downside for gold prices. Gold overall remains in a high-level consolidation pattern, and short-term volatility may intensify further.(2) Key focus: US Treasury yields, US Dollar Index, geopolitical situation, US PPI(3) Resistance: 4720, 4750, 4780(4) Support: 4680, 4650, 4620

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

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