February 10th Spot Gold Morning Analysis
Yesterday, spot gold experienced significant fluctuations at high levels, with intraday lows and rebounds, trading within the range of 4968–5080, with a volatility of over $110, and closing around 5060. The news was supported by geopolitical risk aversion and expectations of interest rate cuts; technically, the daily chart remains bullish, with strong support at the 5000 level. Overall, the market is consolidating with a strong bullish bias.
In terms of news: This morning, gold remains relatively strong, mainly supported by three factors. Tensions in th
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