Gold Outlook for April 17 The Middle East situation shows signs of temporary easing, and the cooling of risk-averse sentiment has put pressure on gold prices; however, geopolitical risk uncertainties have not been eliminated, and combined with global central banks’ continued gold purchases, support below remains relatively strong. The US dollar has edged higher, but its upward pace is also limited. Gold prices continue to trade in a range within the Bollinger Bands, with short-term moving averages flattening; buying and selling forces between bulls and bears are balanced, and overall it presents a high-level consolidation pattern with no clear directional trend. The resistance zone is located at 4810-4835, and the important support area below is 4770-4750. Personal suggestion: buy in batches on pullbacks to the 4755-4775 range; if there is a deeper correction to the 4725-4745 area, you may consider adding positions. If the market moves directly upward, you can place a small-position setup around 4785. Upper targets are 4800 and then 4830. Place short positions in the 4810-4835 pressure zone for the rebound. Lower targets are 4780 and then around 4750. $BTC $ETH $XRP #山寨币强势反弹 #美伊局势和谈与增兵博弈 #AI基建重心转向应用侧

April 17 Afternoon Analysis First, on the Middle East side, the US-Iran negotiations have collapsed, and the US military has directly sealed the Strait of Hormuz, which is a 20% global oil transit route. Iran is not willing to show weakness either, responding strongly. The ceasefire agreement is until April 22, and even now, no extension has been agreed upon. There could be new developments at any time, so the risk premium on crude oil will fluctuate repeatedly. Bitcoin and altcoins will also fluctuate sharply with risk aversion sentiment. Next, let's talk about the yellow-haired guy: Powell recently spoke very hawkishly, saying he will not cut interest rates unless inflation clearly declines. A rate cut in June is basically unlikely, and possibly only once for the whole year. Moreover, on April 14, they started shrinking the balance sheet, reducing monthly bond purchases from 40 billion to 25 billion, tightening liquidity. This directly led to a strengthening dollar, with the yellow and white coins being suppressed, and the crypto market also coming under pressure. The White Paper overall performs calmly, with little volatility. In the short term, it is recommended to buy high and sell low! Range: 75,200-75,700, target 73,200-73,700. For medium to long term, first watch the 70,000 level; if broken, continue to look lower.