GOLD-Will it break through 2062 today?

The recent market focus is still on geopolitical conflicts. The current Palestinian-Israeli conflict has exceeded 100 days, Israel continues its fierce offensive, and the Houthi militia threatens to respond to the US air strikes on Yemen. This makes global investment risks continue to rise, and gold is in economic turmoil. Performance has been strong during the period, and its reliability helps offset the risk of greater asset volatility in conditions such as geopolitical uncertainty. A series of data were released last week, digesting the impact of a series of U.S. interest rate cuts. Short-term U.S. Treasury yields have been falling in the past few months, which has also provided some support to gold. Therefore, gold's safe-haven function is very strong in this cycle.

Today I think there is a high chance that gold will continue to rise

Yesterday, the range of gold was 2048-2058, which is in line with my analysis yesterday. Today we still have to pay attention to whether 2062 will break through.

Xauusd:buy2042-2045
TP:2050-2055-2058

Friends with more funds choose to buy now at 2048

If 2062 is exceeded today, I still think gold may rise to around 2075-2079

I hope my analysis can help everyone, join me, I will continue to analyze

Trade active:

2042,2045Two orders have been triggered

Comment:

SL:2038

Comment:

continue waiting

Comment:

Being hit SL