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Gold's current round of rise is "earth-shaking"! Where is the en
XAUUSD
, D
Long
XAUUSD: Gold's current round of rise is "earth-shaking"! Where is the en
Updated 

On Monday, spot gold once stood at $2,740/ounce, setting a new record high. However, due to the rise in the US dollar and US bond yields, it gave up all the gains in the US market, and once fell by $20 from the daily high, with the lowest price falling to around 2,715. From the current 4-hour chart: After touching 2,715 last night, gold rebounded again,...

Why did the price of gold fall after Iran was attacked?
GOLD
, 60
Long
GOLD: Why did the price of gold fall after Iran was attacked?
Updated 

Today is October 28, 2024, Monday. Let me first talk about the facts of the market. The two major players in the Middle East on Saturday and Sunday in the international market, Israel, attacked Iran's military facilities. The weekend was also full of risk aversion. My members were very worried about whether the opening on Monday would reach a new high, with...

Gold is approaching its all-time high as the market awaits major
XAUUSD
, 60
Long
XAUUSD: Gold is approaching its all-time high as the market awaits major
Updated 

With the strong recovery of the US economy, market expectations for future interest rate cuts by the Federal Reserve have gradually weakened. The 10-year Treasury yield rose to a three-month high on Monday, which usually puts pressure on gold prices. The US dollar index rose 3.6% in October, its best monthly performance since April 2022, making gold less...

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