$XAU ๐ฅU.S. Tariff Shockwaves Erupt, Gold Bulls Celebrate Completely๐๐๐
The sudden news of increased tariffs from the U.S. has ignited global risk aversion, with XAUUSDT surging straight up, currently breaking through $5496.22, soaring 6.35% in a day, and reaching a high of 5500, officially starting the bullish feast.
Starting from a low of 5270, gold has experienced a violent one-sided upward trend. The Bollinger Bands are opening upwards, with prices forcefully breaking through the upper band resistance, and the moving averages showing a perfect bullish arrangement, making every pullback a buying opportunity. The 24-hour trading volume has exceeded 1.186 billion, with funds pouring in wildly, confirming the strength of the trend with rising volume and price.
The upgrade in tariffs signifies an escalation in global trade frictions, further impacting the credibility of the U.S. dollar. As a safe-haven asset, gold has become a 'safe haven' for capital. Although the 5500 level faced temporary pressure, the buying power of the bulls has not diminished, and a pullback signals an opportunity to add positions.
Amid the resonance of risk aversion and capital, the current round of gold's rise is far from over. Understand the trend, and don't hesitate any longer. Now is the time to follow the bullish rhythm and steadily secure profits in the main upward wave; missing today's explosion means waiting for the next round, which could be months away.๐๐๐