Today’s Gold XAUT Morning Analysis #Gate广场四月发帖挑战

15-Minute Cycle: A rise-then-fall pattern. After facing pressure around 4706, it has been oscillating and moving downward. Currently, it is weakly consolidating near the 4650 level.

Geopolitical risk cools temporarily: Iran and the US have received a ceasefire framework proposed by Pakistan. Risk-aversion sentiment declines, and the gold price rapidly pulls back from high levels
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Dollar and US Treasury yields stabilize: Market expectations for additional delays in Fed rate cuts keep pushing back further, the US Dollar Index rebounds slightly, and it suppresses bullish momentum in gold
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Funding pressure: Some institutions take profits at high levels, and margin adjustments lead to de-leveraging behavior, which further amplifies price volatility

Pressure levels First pressure: $4,660–4,680 (the rebound platform after yesterday’s pullback) Strong pressure: $4,700–$4,706

Support levels First support: $4,630–$4,600 (intraday lows, key psychological level) Strong support: $4,590–$4,570

Entry range: When the 4600–4610 range stabilizes and shows signals of stopping the decline, you may consider a light long position. Target $4,640 → $4,660

Today, pay attention to real-time developments in the geopolitical situation. If uncertainties arise in the ceasefire agreement, risk-aversion sentiment may rise again, and the gold price may rebound rapidly $XAUT ‌