Gold $XAU Silver $XAG According to the trend mentioned last night in the square, the opening spiked upwards and then quickly fell. This wave of rise in gold and silver is influenced by geopolitical factors, which is what we refer to as the impact of news. Therefore, when the influence of news gradually dissipates, the price will return to the technical aspect. In the short term, gold has support in the range of 5100 to 5200, and silver has support near 88.
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K线人生飞哥
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Talk about the views on the opening tomorrow for gold $XAU and silver $XAG
I estimate that the U.S. intentionally chose to launch an attack on Saturday, using the two days of Saturday and Sunday to allow the world to calm down and digest this explosive news, which can minimize the impact on the U.S. financial market when it opens on Monday.
Therefore, after the news of the U.S. attack on Iran and the assassination of Khamenei comes out, we have to wait for the U.S. market to reopen on Sunday evening, which is Monday morning in Asia, to see how gold and silver prices actually react.
Although the market is closed, we can still get some clues through other markets. This article discusses what I predict about the gold and silver trends when the market is closed.
Generally speaking, gold is expected to rise when the market opens on Monday, and crude oil will likely rise as well. Silver will benefit from gold's rise, but the increase is expected to be limited because silver's volatility is higher than gold's, and its industrial demand is significant, making it more sensitive to the economic cycle; its safe-haven appeal is not as strong as gold's.
However, given the current international geopolitical environment, Iran seems to have backed down, so it is very likely that gold and silver will surge upwards when the market opens on Monday, but will eventually fall again.
In this highly uncertain situation where risk aversion is needed, gold is the first choice for funds.
In fact, the shorter the term, the harder it is to predict. The longer the term, the easier it is to predict.
I estimate that the U.S. intentionally chose to launch an attack on Saturday, using the two days of Saturday and Sunday to allow the world to calm down and digest this explosive news, which can minimize the impact on the U.S. financial market when it opens on Monday.
Therefore, after the news of the U.S. attack on Iran and the assassination of Khamenei comes out, we have to wait for the U.S. market to reopen on Sunday evening, which is Monday morning in Asia, to see how gold and silver prices actually react.
Although the market is closed, we can still get some clues through other markets. This article discusses what I predict about the gold and silver trends when the market is closed.
Generally speaking, gold is expected to rise when the market opens on Monday, and crude oil will likely rise as well. Silver will benefit from gold's rise, but the increase is expected to be limited because silver's volatility is higher than gold's, and its industrial demand is significant, making it more sensitive to the economic cycle; its safe-haven appeal is not as strong as gold's.
However, given the current international geopolitical environment, Iran seems to have backed down, so it is very likely that gold and silver will surge upwards when the market opens on Monday, but will eventually fall again.
In this highly uncertain situation where risk aversion is needed, gold is the first choice for funds.
In fact, the shorter the term, the harder it is to predict. The longer the term, the easier it is to predict.