Short-term XAU/USD

Launch Chart
May Chen
XAUUSD
·
Nov 27 2024
snapshot
Considering the rebound of gold prices after the ceasefire between Lebanon and Israel, the risk of escalation of the war between Russia and Ukraine, and the fact that the reverse Trump deal is beneficial to the commodity market, the collective rise of Chinese stock market and metal prices today, etc., coupled with the formation of a bottom on the technical side, gold prices may rise in the short term.