3235 line becomes short-term resistance? Golden layout at night!

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🗞News side:

1. Trump's dialogue with Russia and Ukraine on ceasefire
2. The seriousness of the situation in Israel

📈Technical aspects:

In the short term, the three key factors affecting the gold market are the certainty of tariff policies, geopolitical risks, and the pace of the Fed's interest rate cuts. The Russian-Ukrainian conflict is a tail risk that deserves attention. Its impact on the global order far exceeds other geopolitical conflicts. It is expected that the conflict may see a key turning point in May and June, and the Fed's interest rate cut is likely to be implemented in the third quarter. At that time, the gold and silver markets may face greater negative pressure, and prices may fall back to 3000-2800 or even lower. Technically, the double top pattern at the daily level has been established. Although there is a certain resistance at the 3235 line of gold in the short term, considering the tail risk, the possibility of evolving into a triple top cannot be ruled out, and we need to be vigilant against the inducement of multi-money rises and washes.

🎁BUY 3220-3215
🎁TP 3230-3240

🎁SELL 3250-3255
🎁TP 3235-3225

If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.

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