15 April 2026 Spot Gold Evening Analysis

Spot gold intra-day surged and then retreated, in the evening due to the cooling of geopolitical risk aversion sentiment, the market continued to fluctuate and consolidate, with the bullish momentum clearly slowing down.

On the daily chart, a long upper shadow was formed on the surge, RSI retreated from high levels, and MACD red bars gradually shortened, indicating that the short-term overbought correction phase has begun, and the bullish momentum has weakened.

Looking at the 4-hour cycle, focus on resistance levels at 4830 and 4850, and pay attention to key support levels at 4780 and 4750.

In terms of operation, maintain a range-bound approach, and it is recommended to lightly position short positions on rebounds to the 4830-4850 range, with strict risk control. Targets are near 4800 and 4760.

The above is only personal advice, for reference only, and does not constitute investment advice. Please follow Cheng Jingsheng's layout for specific strategies!$XAU ‌#XAU