Group 1 - The overall news sentiment is positive for gold, reinforcing the feasibility of a long position strategy due to heightened global risk aversion stemming from the tense US-Iran situation and uncertainty surrounding Trump's tariff policies [1] - The US dollar index has fallen below the 96 mark, reaching a nearly three-year low, which enhances the attractiveness of gold priced in dollars [1] - Continued global central bank gold purchases and strong expectations for a Federal Reserve rate cut in the second half of the year provide solid long-term support for gold prices [1] Group 2 - There is a strong physical demand for gold post-holiday, which contributes to the momentum for a price rebound [1] - Technically, gold is showing a high-level correction pattern, providing a reasonable entry point for long positions around 5170 [1] - The London gold price reached a high of 5237.71 USD/ounce before a sharp drop of over 100 points, but the daily bullish pattern remains intact [1] Group 3 - The key support level is identified around 5170, aligning with the low of 5144.62 USD/ounce and the market consensus on the 5170-5180 support range [1] - A stabilization at this support level would provide clear technical backing for long positions, with an upward target near 5230, which is a prior resistance level [1]
江问樵:2.24美伊局势紧张美元破位,黄金继续看多
Sou Hu Cai Jing·2026-02-24 09:36