Zong Xiaoli: The major changes in the Middle East situation, how will they affect the US dollar? Will they definitely be bullish for gold?

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This time, Tete really went all out. He actually decided to strike Lang Lang and even started a fight with YSL. Now the global situation has plunged into even greater upheaval. It can be said that the drastic changes in the Middle East are destined to become a key point in the global upheaval!

Many people don’t understand the reasoning behind this. Let me explain simply in plain language: The downfall of Dapiao in the Middle East is like jumping into a swamp with both feet. You might think you can easily get out, but in reality, you’ll only sink deeper until you’re completely lost. After all, Lang Lang is far more powerful than Gaza. A small Gaza can make YSL go crazy, so Lang Lang can definitely make Dapiao lose it too. The show is already underway. Let’s sit back and watch the drama unfold…

As you can see, the US dollar index opened sharply higher this morning, which is in line with expectations. Because under current circumstances, the dollar index must perform strongly to prevent liquidity from flowing out. But it didn’t last long. After a sharp rise this afternoon, the dollar started to show signs of pressure. This trend is not friendly. It indicates that the dollar faces huge resistance above, and if the protective energy weakens, the dollar could face significant pressure. Be extra cautious. The next step is not to simply bet on the dollar rising, but to watch out for a possible pullback. Especially around the resistance near 98.56 today; if it can’t break through this level tonight, the likelihood of the dollar gradually falling into a range-bound movement will increase. Pay close attention…

Now, let’s talk about gold. Many people see gold gap up and rise sharply, thinking gold will definitely surge. But this idea isn’t entirely accurate. Although the drastic changes in the Middle East can stimulate a big rise in gold due to geopolitical factors, which was expected, today’s gap up and sharp rise are not surprising. Interestingly, shortly after gold surged, it suddenly dropped sharply. What’s going on? This actually indicates capital withdrawal. After all, gold prices are now very high, with bubbles too large. If prices only keep rising, won’t they go to the sky in the future? Then the market would be too simple! But the reality is, the seemingly simple market often hides many crises and traps. Remember, if a large amount of capital withdraws from the market, many funds will exit gold. So, gold isn’t just about rising; we must also beware of sudden price drops. Today, focus on whether it can reach around 5450. If it can’t even touch this level, there might be unpredictable changes tonight. Be very careful…

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