Yi Chen: Blood Flows Like Rivers! Safe-Haven Myth Shatters, Gold Posts Largest Decline This Round!
From a news perspective, while the Middle East situation still carries uncertainties, the market has gradually digested concerns about escalating conflicts, with safe-haven funds flowing toward dollar assets, directly suppressing gold bullish sentiment. Meanwhile, Federal Reserve officials have released hawkish signals, pushing back market expectations for rate cuts further, with Treasury yields rising higher, further increasing the opportunity cost of holding gold.
On the technical side, gold pr
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