Gold Market Analysis: #xau


Spot price breaks through $4,690 per ounce, futures gold stabilizes above $4,700, with intraday gains exceeding 3%, directly hitting a new high for the phase! Core logic: US-Iran risk aversion + Federal Reserve rate cut expectations + central bank continuous gold purchases, a triple positive resonance. Short-term pullbacks are buying opportunities. Short-term support at $4,650, strong support at $4,550, strong resistance at $4,700/4,750. Breakout targets at $4,900.
The technical trend is relatively strong, with mainly low retracements, suitable for short-term trading.
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CryptoSpectovip
· 9h ago
To The Moon 🌕
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CryptoSpectovip
· 9h ago
2026 GOGOGO 👊
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