# 现货黄金

5.25 Wenjie Gold Morning Outlook
News: Optimistic expectations for US-Iran negotiations are picking up, and a weaker US dollar is a short-term positive for gold prices; however, after rate-cut expectations from the Fed were pushed back, high interest rates’ pressure is still in place. In the medium to long term, the central bank’s continuous gold buying provides strong support.
Technical: In the short term, price is ranging and oscillating within 4550-4600. Support is at 4550/4520, and resistance is at 4580/4600. The 4-hour moving averages are bullish, but the slope is slowing, suggesting a sh

Lao He Talks Gold: Analysis of the Gold Evening Market
On the news front, global risk sentiment has mildly improved, with major US stock indices rising slightly, weakening the safe-haven buying support for gold. Meanwhile, the market is awaiting further Federal Reserve policy signals, intensifying short-term bullish and bearish battles. Gold prices lack strong upward momentum, are under pressure to fall back and adjust, and have slightly declined within the day.
From a technical perspective, on the 4-hour chart, gold prices are generally in a downward trend, with a 0.67% decline today. Prices

5.14 Jin Jin Chengfeng Gold Morning Analysis
Core judgment: Range-bound fluctuation, leaning towards weak consolidation. High inflation suppresses gold prices, but there is buying support below.
Key price levels:
· Resistance: $4,730 (strong-weak boundary); $4,770 (strong resistance)
· Support: $4,670 (short-term key); $4,640 (last line of defense for bulls)
News analysis:
· Bearish: US PPI exceeds expectations, rate cut expectations vanish, US dollar is strong
· Bullish: Geopolitical risks remain, physical gold buying at low levels
Sino-US meeting: Any sudden statement could cause sharp sho

4.26 Spot Gold (XAU/USD) Next Week Market Outlook
Gold connects the rebound highs on April 21, 23, and 25 to form a descending resistance line, with prices repeatedly hitting this line and being pushed back, confirming the downward trend.
The 1-hour chart shows a typical descending structure with lower highs and lower lows.
The current trend has not formed reversal patterns such as a W bottom or double bottom, only a single bottom structure without a secondary bottom confirmation, and the price has not broken through the 4750 neckline.
At the same time, no ascending channel has formed; the reb