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【July 21 Gold Brief Comment】Asia-Europe session spikes then falls back; bulls are pinned down by “two big mountains” Today, during the Asia-Europe session, gold prices rebounded on news of a US-Iran ceasefire proposal, briefly touching 4050, but soon slipped back into consolidation—plainly put, “risk-off wants to rise, but rates won’t allow it.” Why did it spike then fall back? The Federal Reserve poured cold water: the odds of a rate hike in September still exceed 50%; the 10-year US Treasury yield is stuck at a high 4.6%, making holding gold too costly—so on any rebound, profit-taking gets h
【7.20 Gold Recap】A scare all night at the 4,000 threshold! A sudden pull-up after 19:30 in the evening—what exactly are longs and shorts trading? Brothers, today’s gold chart really put “heartbeat” right on your face. On July 20, 2026, spot gold staged an extreme tug-of-war around the $4,000 psychological level. In the early session, it briefly broke down and probed below $3,982. Just when everyone thought it would see a deep pullback, around 19:30 in the evening it suddenly surged in a straight line, at one point breaking through $4,030. It’s now holding around $4,020 and oscillating. 📌 Toda