#巨鲸动向 #美联储降息 Yesterday, gold slowly rose after the opening, continuing the upward trend during the European session, reaching a peak near 4350, then faced pressure and fell back. During the American session, it accelerated downward, hitting a low near 4285 in the early morning, rebounding to around 4318 near the close but faced resistance, ultimately oscillating around the 4300 region with a small bullish candle with a long upper shadow on the daily chart.

Gold showed a pattern of rising and then falling on Monday, with the daily chart recording a small bullish candle with a long upper shadow. Looking back at last Friday's trend, gold prices similarly fell sharply after rising above 4350. In the short term, both attempts to break through the 4350-4355 range faced strong pressure, highlighting the strong resistance in that area. Today, attention should be focused on the effectiveness of the resistance in that range.

In terms of indicators, the 5-day moving average and the 10-day moving average formed a golden cross and continued to extend upwards, maintaining a bullish arrangement, indicating a medium-term bullish trend. The immediate support to focus on is around the 5-day moving average (currently at the 4280 region), followed by attention on the 4255-4265 range. This area is both a previous high point of consolidation and the low point after last Friday's price rise and fall, so it is necessary to track its support effect after the top and bottom conversion. If this support range is not effectively broken, there is still potential for upward movement; if it breaks down, caution should be exercised regarding the risk of a weakening trend.

Overall, focus on the resistance in the 4350-4365 region for gold, and the support in the 4255-4265 region below. Before breaking through key ranges, treat it with a consolidation mindset, and follow the trend after breaking out.

The daily operation suggestion is to primarily focus on low longs, with participation in long positions when it pulls back near 4285, setting a stop loss at 4275, and targeting 4330-4345.