#Gate广场四月发帖挑战

Many people ask me: "The Federal Reserve says they might raise interest rates, so why hasn't gold dropped significantly?" Let me explain — generally speaking: rate hikes → strong dollar → gold falls. This logic is correct. But now there's a variable disrupting this formula: war. The ongoing conflict between Iran and the U.S. continues, and regardless of whether central banks are raising interest rates or not, they are still buying gold. Because their gold purchases are not for yield, but to reduce reliance on the dollar. So you'll see a strange phenomenon: the Fed says they will raise rates, but gold prices don't crash; when a ceasefire news comes out, gold prices actually rise by 4%. Today's gold is even less "obedient" than before. This is why technical analysis alone is no longer sufficient. Only those who understand macroeconomics can avoid being shaken out in this kind of market. #黄金 #宏观分析