Geopolitical tensions in the Middle East continue to escalate, providing a fundamental safe-haven floor for gold prices, but short-term catalysts are unlikely to drive significant rallies. International oil prices remain elevated, further exacerbating global inflation concerns, with market divergence growing regarding monetary policy direction. Meanwhile, global central banks' appetite for gold purchases remains strong, with China's central bank achieving 16 consecutive increases in gold reserves, firmly supporting the downside of gold prices. Overall, the market presents a pattern of long-short oscillation and consolidation. Currently, gold prices have broken through the key support level of 5100 and continue to face pressure below this level. Setting aside geopolitical sentiment effects, from a purely technical perspective, gold has entered a weekly-level pullback correction phase. Operational Recommendations Rally to the 5130~5150 zone, enter short positions in batches. Stop loss at 5160, target 5050-5020. Risk Disclaimer: Investment carries risks. Enter the market with caution. The above analysis is for reference only and does not constitute investment advice.#黄金##Gold Price#伊朗明确达成停火协议要求
#外汇黄金[超话]# March 13 Gold Morning Review
Geopolitical tensions in the Middle East continue to escalate, providing a fundamental safe-haven floor for gold prices, but short-term catalysts are unlikely to drive significant rallies. International oil prices remain elevated, further exacerbating global inflation concerns, with market divergence growing regarding monetary policy direction. Meanwhile, global central banks' appetite for gold purchases remains strong, with China's central bank achieving 16 consecutive increases in gold reserves, firmly supporting the downside of gold prices. Overall, the market presents a pattern of long-short oscillation and consolidation.
Currently, gold prices have broken through the key support level of 5100 and continue to face pressure below this level. Setting aside geopolitical sentiment effects, from a purely technical perspective, gold has entered a weekly-level pullback correction phase.
Operational Recommendations
Rally to the 5130~5150 zone, enter short positions in batches. Stop loss at 5160, target 5050-5020.
Risk Disclaimer: Investment carries risks. Enter the market with caution. The above analysis is for reference only and does not constitute investment advice.#黄金##Gold Price#伊朗明确达成停火协议要求