The situation has changed! Bearish factors release in full force, gold opens 90 points lower
Latest news: Russia, the US, Ukraine, and Abu Dhabi talks have been finalized, easing geopolitical tensions; both Iran and the US send clear signals of de-escalation, and Middle East risk premiums are rapidly fading. Powell's hawkish stance maintains that inflation has not yet met targets, making a March rate cut unlikely; Trump plans to nominate a hawkish figure to lead the Federal Reserve. The US dollar surges strongly, bearish news dominates, and gold is facing a serious and severe test.
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The situation has changed! Bearish factors release in full force, gold opens 90 points lower
Latest news: Russia, the US, Ukraine, and Abu Dhabi talks have been finalized, easing geopolitical tensions; both Iran and the US send clear signals of de-escalation, and Middle East risk premiums are rapidly fading. Powell's hawkish stance maintains that inflation has not yet met targets, making a March rate cut unlikely; Trump plans to nominate a hawkish figure to lead the Federal Reserve. The US dollar surges strongly, bearish news dominates, and gold is facing a serious and severe test.