#美国消费者物价指数发布在即 Gold Price 4586: The Key Barrier for Short-Term Rebound

From recent trends, London Gold quickly rebounded from the low of 4570 back to 4586, which is a crucial level. In the short term, this has become the dividing line between bulls and bears. As long as this support holds, there is potential for the rebound to continue.

**Key Levels Overview**

Resistance is set at 4609 and 4634, both of which are significant previous resistance levels. Looking downward, 4586 is the current support, followed by a stronger support at 4570.

**Why Consider Going Long Now**

When gold prices rebound from lows, buying interest clearly emerges, indicating that some buyers are still defending the bottom. Although short-term moving averages look somewhat weak, the buying and selling momentum in the market suggests that the rebound from 4570 has decent strength. Generally, such a rebound should trigger a technical correction rally, as long as the 4586 line is not broken, bulls still have momentum.

**Specific Trading Strategy**

For going long, you can enter gradually within the 4586-4590 range, with a stop-loss placed below 4570 for safety. The target is set at 4609; if it breaks through 4609, you can follow the trend to aim for 4634.

If the price retraces to 4570 but does not break below, it’s an opportunity to add positions, moving the stop-loss below 4560, with the target remaining unchanged.

If it truly breaks below 4570, wait and observe; avoid rushing into trades. When the rebound reaches around 4580, consider a small short position, with a stop-loss above 4590, targeting 4555.

Note: Market volatility is fast; actual trading should be adjusted based on real-time signals. $XAU $XAG