February 23, 2026 Spot Gold Morning Analysis
Cheng Jingsheng wishes everyone a Happy New Year in the Year of the Horse, a great start to work, and smooth investments!
Last week, gold first experienced volatility and then surged significantly, breaking through $5100 on Friday and closing with a large bullish candle, indicating that the bulls are in full control. Tensions in the Middle East, rising expectations of Federal Reserve rate cuts, a weakening dollar and US Treasury yields, and funds flocking into gold, along with central banks continuously buying gold to support the market.
The daily c
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