#美联储联邦公开市场委员会决议 On Monday, gold surged to 4318 in the early trading session but then lost momentum, with several long upper shadows appearing consecutively. It’s clear that the pressure around the 4320 level is really hard to break through. As the bulls push higher, the momentum is gradually fading, indicating a somewhat weak rhythm.

Technically, the 4-hour moving averages are starting to turn downward, and the candlesticks are being firmly pressed down by the moving averages, showing a somewhat weak overall trend. The key area to watch below is 4265-4270, which is a critical support line. On the hourly level, gold prices are oscillating at lower levels, and the pattern needs some repair. There might be a small rebound in the short term, but the overall trend still appears somewhat虚虚, so be cautious of further downward movement during the European session.

The trading strategy is mainly to short on rebounds, with light long positions considered on minor dips as a backup.

Specifically:
• If gold first drops to the 4258-4260 double bottom area, consider entering small long positions, but if the weakness continues, wait for support confirmation before acting
• The 4300 level is the second resistance intraday, with stronger resistance in the 4320-4330 range
• Focus on the support around 4260-4250; whether this zone can hold is very critical