#黄金 #CZ称比特币是硬资产 $XAU

2.27 Daily Gold Review

Gold surged to 4544 yesterday before encountering resistance and retreated, fluctuating lower throughout the day. In the early hours, it dropped to around 4350, closing with a bearish candle, confirming a downward trend; the US dollar index closed bullish yesterday, trading between 99.4 and 100, continually suppressing gold prices.

News

The US dollar and US Treasury yields strengthened at high levels, increasing the holding cost of gold; expectations for the Federal Reserve to cut interest rates have been delayed, maintaining a high-interest environment; risk aversion in the Middle East has cooled, combined with profit-taking and selling by major funds, leaving gold bulls unsupported and clearly under pressure in the short term.

Technical Analysis

The daily chart has broken downwards, establishing a bearish trend, with 4470 as strong resistance and 4350 as key support; the 4-hour Bollinger Bands are opening downwards, indicating a continuation of the decline, with limited room for a short-term oversold rebound. The early morning rebound high of 4421 serves as the first resistance level, while the early session low of 4378 is the short-term support. A break below 4350 will target 4292.

Trading Strategy

Focus primarily on shorting during rebounds

Aggressive: Light short at 4415-4421, stop loss above 4440, target 4378-4350

Conservative: Gradual shorts at 4440-4470, stop loss above 4490, target 4360-4350

Assisted Short-Term Long

Light long near 4350 if it stabilizes; if it breaks, wait to go long around 4292, targeting 4385-4395-4415.