April 13, 2026 Spot Gold Evening Analysis



Influenced by Trump's remarks regarding the blockade of the Strait of Hormuz, spot gold opened with a gap down in the morning, then rebounded to fill the gap, reaching a high of 4740 resistance level before facing resistance and falling back,

Currently consolidating around 4710, with increased bullish and bearish competition, there is no clear short-term trend. The first resistance in the short term is 4740, with strong resistance at 4760.

Tonight, focus on the progress of the Hormuz Strait blockade at 10 PM. If the blockade pushes oil prices higher, inflation expectations will strengthen, directly suppressing gold prices.

Tonight's trading strategy is mainly to sell on rallies. If the price rebounds to 4740-4760 and faces resistance, consider entering short positions in batches, with targets sequentially at 4700, 4650, and 4600.

The above is only personal advice, for reference only, not investment advice. Please follow Cheng Jingsheng's layout for specific operations!! $XAU #XAU
XAU-0,1%
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