Spot gold short-term trading suggestion: fluctuating upward trend, buy on dips

智通财经2026/08/10 09:16

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(1) Reason for analysis: Weak U.S. employment data has reduced expectations for Fed rate hikes, providing safe-haven support for gold. However, the rebound in the U.S. dollar index and the recovery in U.S. Treasury yields are limiting gold's upside. Currently, gold is maintaining a high-level consolidation pattern, with the market awaiting U.S. CPI data for further confirmation on interest rate direction and focusing primarily on stress tests. (2) Key areas to watch: U.S. Treasury yields, U.S. dollar index, geopolitical situation (3) Resistance: 4350, 4400, 4460 (4) Support: 4300, 4250, 4200.

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Spot gold short-term trading suggestion: fluctuating upward trend, buy on dips

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