22 april: on tuesday, the day of last trade (on 21 april): iran refused to attend the 22-day negotiations in islamabad in the face of the collapse of international gold, the threat of trump continues to bomb iran beyond its 22nd term, while maintaining the maritime blockade and expanding sanctions against iran, boosting oil prices by falling below the 100-day average and increasing empty power, so that before crossing the 60-day average resistance, the market would still be stunned or stomping back on the 144-day average, which is currently $4530 and $4270. In contrast, if the 60-day average is broken, the market is expected to reach up to $5,000 and boost expectations of renewed historical heights。
Specifically, the gold price was set at $4822. 05 per ounce from the city of asia, after a short walk to record a high point of $4832. 45 in the day, and then went back and down, weakening and increasing in the hours of the palette, until it reached a low point of $4668. 65 in the day, which eventually led to a fallback of $4720. 06, an oscillation of $163. 8 and a fall of $101. 99 or 2. 12 per cent。
Looking forward to wednesday (22 april): the international gold opening continues with yesterday's bottom-touch rebound, and the united states has spoken yesterday about an extension of the ceasefire, which has reduced the pressure on gold prices to fall back。
However, the overall situation has not completely changed, and while iran has also expressed its agreement to a moratorium on military fighting, it has also stated that the war is not over and that, should it be invaded, it will strike its intended targets with great force immediately. Conflict or evolution into long-term development。
Moreover, in terms of economic data, supported by the war-driven increase in petrol prices and tax rebates, the 1. 7 per cent increase in retail sales rings in the united states in march over expectations and forward values, as well as the statement made at the hearings of the federal reserve chairman's nominee, walsh, stating that there was no commitment to the president to reduce interest rates, that it would act independently of the white house, and that boosting the dollar would also put pressure on the price。
Overall, the price of gold is subject to the above factors and short-term trends towards vulnerable adjustment. Unless there is a complete ceasefire in the situation between the united states and iraq, or with the passage of time, the price of gold will continue to diminish its effects, and the redefinition of the normalization of the situation in the new environment will be the same as in the case of the russian-uu situation。
Technically, at the monthly level, the march closing line is above the upward trend line, maintaining the prospects for the cattle market, while the opening of the month is still on the rise, and the latter market will have new and high prospects as long as it does not break the closing line below that trend。
The weekly chart level, where the price of gold continued to rebound last week, has still not broken the 10-week average line resistance, leaving the market at risk of repositioning to a position close to or lower than us$ 4550, and, on the other hand, the market is expected to refresh its historical highs if it does not。
At the day chart level, where the price of gold has recently continued to run below the 60-day average, and the movement has weakened, the market is at risk of shock across the 60-day average, or of retreating low and rediscovering the $4,500 or $4,300 threshold. Of course, backlash can also be seen at that time, and vice versa, if the 60-day average is back on the line. Until then, it is sufficient to maintain shock fluctuations。
In the daytime operation, the initial point idea is taken into account, and the specific point of entry and exit is determined by the written notification:
Gold: focus below on support near $4,700 or $4655; above on resistance near $4790 or $4845
(b) silver: attention is paid below to $75. 60 or $7430 of support; above, to $78. 60 or $79. 90 of resistance
