5.7 Morning Jiangyu Heng Gold Opportunity Summary


COMEX gold surged directly last night, reaching a high of $4724, currently oscillating around $4708 with a slightly strong trend.

• Support level: $4690-$4700, as long as this does not break, the bullish trend remains;

• Resistance level: $4724, if it stabilizes above this, there is room to move higher.
The current upward logic is very clear: the US-Iran talks have cooled down, reducing risk aversion, crude oil has fallen, lowering inflation expectations, combined with market anticipation of a Federal Reserve rate cut, which supports gold prices.
But don’t let your guard down; statements from Federal Reserve officials and the US-Iran situation can change at any time. When trading, always set stop-loss orders, control your positions, and avoid blindly chasing highs. #黄金 #黄金: $BTC
BTC-0.14%
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