Moyao Gold Midday Strategy

With US-Iran negotiations failing to reach an agreement, Trump announced a blockade of Iranian ports, causing geopolitical risks to spike sharply. International crude oil opened significantly higher, jumping 9.4%, boosting market risk appetite; the US dollar index opened higher, weakening expectations of Fed rate cuts. These dual factors suppressed gold prices, leading to a short-term pullback correction.

Daily Chart: MACD remains at a high level with consolidation, KDJ overbought and beginning to fall back, gold prices oscillate around the 5-day moving average, with a clear range-bound pattern. The momentum for both bulls and bears is tending toward balance, caution is needed for potential bearish divergence.

4-Hour Chart: Bearish signals are emerging, KDJ forms a death cross, MACD green bars gradually enlarge, prices show continuous decline with weak rebound, indicating a clear stair-step downward rhythm.

Key Levels: Resistance above at 4750 and 4780; short-term support at 4650 and 4600, with 4600 being the mid-term bullish lifeline—breaking below could lead to further weakening.

Trading Strategy: Short on rebounds at high levels, avoid blindly chasing longs.

Risk Management: Strictly control position sizes, risk per trade not exceeding 2% of total capital; set stop-loss orders, exit promptly if market conditions change suddenly, monitor geopolitical developments and dollar movements.

In the short term, gold is under dual pressure from geopolitical risks and the dollar, leaning toward bearish operation. Focus on resistance levels, mainly shorting; longs should wait for confirmation signals. The market is highly influenced by news, stay patient, and avoid rushing into trades. #Gate现货衍生品双双冲进全球前三