Yichen: Disrupted Logistics and Safe-Haven Resonance, Gold Bulls Poised for Launch


On the geopolitical front, tensions in the Middle East continue to escalate, and the "black swan" event of Dubai air freight suspension has provided dual upward momentum for gold. As a hub accounting for approximately 20% of global gold circulation, the air freight disruption directly tightens physical gold supply, pushing up regional premiums in Asia and intensifying market concerns over supply chain breaks, with safe-haven buying continuously flowing in.
Technically, gold prices are strongly oscillating within the $5080-$5200 range. The intraday low of $5083.99 and the lower Bollinger Band at $5038.17 form a solid support level, indicating strong bullish momentum. Once gold effectively breaks through the middle Bollinger Band at $5241.65, it will open up new upward space.
Recommendations:
In the evening, consider gradually buying around 5110-5125, with targets at 5200, 5240, and 5300.
Disclaimer: The above analysis is for reference only and does not constitute investment advice. Operate at your own risk. $XAU
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