TechFlow news, May 6 — According to Jinshi Data, analyst Giuseppe Dellamotta said gold has quickly recovered last week's losses within just a few days, though the catalyst remains unclear. The most plausible explanation is the recent sharp volatility in certain Asian currencies, which could account for both the timing of gold’s rebound and align with risk-off logic. However, as relevant authorities begin intervening in currency markets, risk-averse demand may gradually ease. The Federal Reserve's FOMC decision early Thursday could pose a risk to gold bulls. Given that markets have aggressively priced in a dovish shift, the Fed is likely to counter with hawkish signals to correct expectations. In the medium to long term, gold’s upward trend remains intact; under the Fed’s easing cycle, real yields are expected to continue declining. Yet short-term risks should not be overlooked: positive developments in trade tensions or a hawkish stance from the Fed could prompt market repricing, leading to further gold pullbacks.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
