The gold market opened this morning around 5083 and found support, then oscillated upward, reaching a intra-day high of 5190 before pulling back slightly. Currently, it is consolidating around 5165. The 5-minute candlestick chart shows that the bulls were relatively strong in the early session, but after the surge, profit-taking appeared, and the bulls and bears are now in increased struggle.
News-wise, international geopolitical tensions are intensifying, boosting market risk aversion sentiment and supporting gold prices; at the same time, Federal Reserve policy expectations continue to influ
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