#Ripple筹划规模达10亿美元的XRP资金池 Geopolitical risks stacking up against weakening economic data, can gold break through the 4500 level? This week, key events are coming thick and fast, and gold and silver are expected to rebound.
At 9:10 AM, gold surged by 1.6%, finally breaking through this damn consolidation. After experiencing a 4% decline earlier, the gold price had been oscillating between 4300 and 4400 USD, with bulls and bears locked in a prolonged tug-of-war. Until yesterday, when it broke through the critical resistance at 4400 USD and stabilized.
This marks the re-establishment of an upward trend. Looking at the candlestick chart, the next resistance level is around 4500 USD. Why such a strong upward breakout? On the news front, US measures against Venezuela have sparked market concerns over geopolitical conflicts and dollar credibility, instantly activating gold’s safe-haven properties. Plus, last night’s US manufacturing PMI data came in below expectations, indicating the economy remains in contraction, which strongly supports gold prices.
Looking at the tech sector, this week is packed with major events. Tech giants like Nvidia and OpenAI are launching significant products—fully autonomous driving systems and household robots—these are flagship AI applications expected to hit the market this year. Currently, the tech sector is performing well, and the US stock market remains stable, so there’s no immediate impact on precious metals.
As for silver, it has already stabilized above 75 USD, and the next key level to watch is whether it can break through 77 USD; platinum has also shown signs of stabilizing, and as long as it holds above 2200 USD, the rebound space will open up.
This week is definitely a decisive week. The ADP employment data tomorrow night and Friday’s non-farm payroll report are heavyweight events, along with monitoring commodity index fluctuations. As long as there are no particularly negative “black swan” events, gold, silver, and platinum are very likely to see a significant upward rally. Stay tuned. $BTC $ETH $XAU