Gold rises after briefly falling back
Gold may pull back to the 1930 position. Powell's speech will lead to a certain decline in gold. However, due to the continuous escalation of conflicts, gold has become the most important safe-haven fund at this stage.
Conflicts in the Middle East continue to escalate, and gold remains bullish in the future.
The support level is focused on 1930. Resistance is focused on 1955.
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