The Fed's hawkish speech blocked gold at the 2400 mark.
The United States has warned Israel that it does not want to see tensions escalate further. This statement cooled the market's risk aversion, thus putting downward pressure on gold prices.
However, Israeli military spokesman Hagari said on April 16 that Israel would not remain "indifferent" after being attacked by Iran. Israel will strike back at Iran in its own way, at a time, place, and of its own choosing.
The market is awaiting clarity on the conflict situation between Israel and Iran. If the situation escalates, you could see gold rally again.
The United States has warned Israel that it does not want to see tensions escalate further. This statement cooled the market's risk aversion, thus putting downward pressure on gold prices.
However, Israeli military spokesman Hagari said on April 16 that Israel would not remain "indifferent" after being attacked by Iran. Israel will strike back at Iran in its own way, at a time, place, and of its own choosing.
The market is awaiting clarity on the conflict situation between Israel and Iran. If the situation escalates, you could see gold rally again.
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The Fed's hawkish comments have held back gold, but if Israel strikes back against Iran, you could see gold rise again.
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The market's upward trend is still relatively strong, and if Israel counterattacks, this will be confirmed.
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Don’t hesitate to enter the market with short-term long orders.
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The 2380 area continues to be empty, waiting for a callback.
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Gold is falling in the short term.
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This is consistent with my prediction, with a short-term decline and then continuing to rise.
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The 2380 area continues to go long, and the upward trend of gold remains strong.
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Gold trading strategy: 2343-2347 directly enter with a short order.
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He's developing exactly how I expected him to.
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Today's decline in gold is already a trend, so we can just follow the market and short on rallies.
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Unless gold rebounds above 2343, the trend remains bearish.
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Although there is a slight decline, we need to pay attention to the bottoming out.
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The data released by the United States today will have a greater impact on gold. Join my channel and I will share trading signals.
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2330 turns into a support level. If it remains above 2330, it will continue to be bullish. If it falls below 2330, it will rebound and be bearish.
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If it continues to remain above the 2330 area, it means that its trend is still on the upward side.
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