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2026-02-20 09:12:36
【Short-term trading advice for spot gold: high-level fluctuations, sell short on rallies, buy on dips】 (1) Reasons for analysis: The situation in the Middle East continues to be tense. US President Trump set a deadline for Iran, and the demand for safe-haven assets has rebounded significantly, with funds continuing to flow into gold. At the same time, the market is waiting for the US PCE data. Before the inflation results are released, the bulls have made advance arrangements for safe-haven assets. Technically, the daily chart maintains a bullish trend, with the price running above the moving average. Both MACD and RSI show that the momentum is still strong. The pullback is a technical correction, and the trend structure has not been broken. (2) Key focus: US Treasury yield, US dollar index, geopolitical situation, US GDP data (3) Resistance: 5050, 5080, 5100 (4) Support: 5000, 4960, 4900;
