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April 14, 2026, Spot Gold Morning Analysis
Good morning everyone, a new day, a new beginning, a new layout.
Yesterday, influenced by the US-Iran situation, gold prices gapped lower at the open, then rebounded to fill the gap, and the bearish sentiment has been mostly digested. Currently, gold is fluctuating around 4760.
From the 4-hour chart perspective, short-term support has stabilized at 4700, with strong support at 4660; short-term resistance is at 4780, with strong resistance at 4800. The short-term trend follows the dollar index. Given the significant rebound yesterday, there is a technical correction need in the short term.
For morning trading, it is recommended to rely on the 4780–4800 short-term resistance zone to resist pressure, then gradually establish short positions, with targets at 4750, 4720, and 4700 levels.
The above is only personal advice, for reference only, and does not constitute investment guidance. Please follow Cheng Jingsheng's layout for specific strategies! $XAU #XAU