Overnight market review (April 26): On Monday, risk aversion was strong in the market, the dollar continued to rise, the stock markets in Asia and Europe fell sharply, and the price of gold fell sharply. U.S. Treasury yields have continued to dominate the market over the past few trading days. Investors continued to flee to the dollar and U.S. Treasuries rather than the traditional safe-haven gold.
Gold futures rose in midday Asian trading on Tuesday, rebounding from a near one-month low hit in the previous session. A slight pullback in the dollar and lower Treasury yields also boosted gold. Trading strategy deployment: It is recommended to go short at a high level.
All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.