Protagonist7

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Gold continues to rise at the opening
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#Gate广场四月发帖挑战 Key Market Highlights (As of April 3)
Currently, the main variables affecting gold are: easing geopolitical conflicts, delayed Fed rate cut expectations, and profit-taking at high levels. In the short term, gold prices are experiencing oscillations under pressure.
🔻 Major Negative Factors
- Decline in Safe-Haven Demand: On April 1-2, Trump stated he would "strike Iran forcefully" within 2-3 weeks and achieve a "quick victory." Market concerns eased, safe-haven funds quickly withdrew, causing a sharp drop in gold prices.
- Hawkish Shift in Rate Expectations: The Fed maintained a
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