winner-2000

winner-2000 Updated 

From the daily chart of gold trends, we can see that the current price has stepped back to the 20-day moving average. Yesterday's closing was a small negative line with a long lower shadow, which shows that there is great uncertainty in the later period. The moving average has a supporting effect on the price trend. If the price stabilizes next, the upward trend...

winner-2000 Updated 

Interpretation of the news: Iran’s low-key handling of the attack in Isfahan seems to be aimed at avoiding an escalation of the regional situation. Federal Reserve Chairman Jerome Powell and many other policymakers were tight-lipped last week on when they might cut interest rates. Instead, they said monetary policy needs to remain restrictive for longer, pouring...

winner-2000

Judging from the 60-minute chart, gold has entered a downward trend in the short term. The candle line has fallen below the 200-day moving average, and the 20-day moving average has crossed below the 50-day moving average to form a dead cross. The price is expected to fall into the 2300-2319 range next, and can be sold after rebounding to the 2340-2350 range.

winner-2000 Updated 

Gold fell below the 2370 resistance level today, reaching its lowest point near 2350, and also fell below the rising trend line on the chart. But this does not mean that gold is currently short. Although Israel and Iran have not taken actions to escalate the conflict, the conflict may escalate at any time. Moreover, the United States has provided tens of billions...