#黄金[超话]#3.4 Midnight Gold
Midnight Gold experienced a significant pullback, with a rapid short-term decline! Since reaching a high of 5379, it has continued to decline, touching a low of 5016, with obvious short-term volatility.
U.S. economic data performed relatively well, and the market's expectations for a Fed rate cut in March have adjusted accordingly. The dollar and U.S. Treasury yields performed strongly, combined with profit-taking at high levels, leading to a noticeable correction in gold prices.
The 1-hour K-line broke below the middle band, indicating a short-term oversold condition
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