Analysis of today's market
Abstract：Gold prices rebounded for the second consecutive day, trading at around $2,635 during U.S. market hours on Tuesday. With Russian President Vladimir Putin approving revisions to the country's nuclear p
Gold prices rebounded for the second consecutive day, trading at around $2,635 during U.S. market hours on Tuesday. With Russian President Vladimir Putin approving revisions to the country's nuclear policy, this move exacerbated concerns about nuclear war, prompting investors to flee to safe-haven assets such as gold.
Gold retreats slightly from the daily high it touched near $2,640 but holds comfortably above $2,600. Escalating geopolitical tensions on latest developments surrounding the Russia-Ukraine conflict and the pullback seen in US yields help XAU/USD hold its ground.
Gold opened at around 2631 and rose to around 2641 at the highest and around 2631at the lowest before press time.Pay attention to the resistance of 2650-2660-2670 If it fails to break through, it will test 2610-2600-2590
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