Gold

Resistance Levels (Top to Bottom)

1. First Resistance: 4090-4100 (Intraday high + previous breakdown platform, strong selling zone)

2. Second Resistance: 4040-4050 (5/10-day moving average suppression, short-term bounce limit)

3. Key Pivot: 4000 round number; only holding above 4100 will ease the bearish structure

Support Levels (Top to Bottom)

1. Near-term Support: 4020-4000 (Yesterday's closing range, bulls vs bears tug-of-war)

2. Strong Support: 3970-3980 (Previous low, physical buying defense zone)

3. Critical Breakdown Level: 3950; an effective break below will open a new round of downside space, targeting the 3900/3800 range

Market Momentum Assessment

1. Intraday Short-term: Oversold bounce, but multiple resistance layers above; a rally near 4090 is likely to face selling pressure and retreat, maintaining a high-level range with a bearish bias.

2. Weekly Medium-term: The overall bearish structure remains intact. This rebound is a repair phase within the downtrend. Without a major dovish shift from the Fed, the bounce may end and risk further declines below 3900.

3. Long-term Divergence: Short-term rates dominate the downside; long-term, as global central banks continue buying gold and the dollar's credit weakens, deep corrections offer long-term allocation opportunities. However, bottom-fishing is not advisable in the near term.
#美光市值超越Meta跻身全美前十