{"id":23803,"date":"2026-04-23T06:05:53","date_gmt":"2026-04-23T06:05:53","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=23803"},"modified":"2026-04-23T06:05:56","modified_gmt":"2026-04-23T06:05:56","slug":"daily-commentary-381","status":"publish","type":"post","link":"https:\/\/www.meishengzz.com\/vi\/daily-commentary-381-20260423\/","title":{"rendered":"V\u00e0ng ch\u1edd \u0111\u1ee3i y\u1ebfu t\u1ed1 th\u00fac \u0111\u1ea9y r\u00f5 r\u00e0ng gi\u1eefa c\u0103ng th\u1eb3ng M\u1ef9 - Iran"},"content":{"rendered":"<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>Gold wipes out previous gains to return to the red early Thursday, challenging the $4,700 level.<\/strong><\/li>\n\n\n\n<li><strong>The US Dollar consolidates recent gains amid a stand-off on US-Iran peace talks and the Strait of Hormuz. \u00a0<\/strong><\/li>\n\n\n\n<li><strong>Gold stays contained by the falling wedge resistance near $4,775, while testing the 21-day SMA support amid bearish RSI. \u00a0<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Gold is challenging the $4,700 level on renewed downside in Asia on Thursday, wiping out the previous rebound.<\/p>\n\n\n\n<p>Gold is facing headwinds once again as the US Dollar holds onto its recent recovery gains amid a stand-off between the US and Iran on peace talks and the Strait of Hormuz gambit.<\/p>\n\n\n\n<p>With no signs of negotiations restarting, the Iranian seizure of two ships in the Strait and the continued US naval blockade of the former\u2019s ports have left investors on edge, who prefer to seek safety in the US dollar, the world\u2019s reserve currency, boding ill for the USD-denominated yellow metal.<\/p>\n\n\n\n<p>Despite the latest leg down, the bullion remains confined within a familiar range, with the downside cushioned by the revival of hopes that the US Federal Reserve (Fed) will deliver at least one interest rate hike by the end of this year.<\/p>\n\n\n\n<p>Gold buyers also remain hopeful for an extension of the truce between Israel and Lebanon as both sides are set to hold a new round of talks in Washington on Thursday.There are reports that Beirut plans to request a one-month extension of the ceasefire due to expire in days.<\/p>\n\n\n\n<p>In the day ahead, the broader market sentiment and updates on the Middle East conflict will lead the way for Gold, while traders brace for the preliminary global business PMI data.<\/p>\n\n\n\n<p>The data will be closely scrutinized as it will provide more insights into the economic impact of the Middle East war, especially from the US, as it could significantly impact the market expectations for the Fed rate outlook.<\/p>\n\n\n\n<h5 class=\"wp-block-heading has-vivid-red-color has-text-color has-small-font-size\" id=\"h-daily-technical-analysis\">Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt h\u00e0ng ng\u00e0y<\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"379\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/04\/image-13-1024x379.png\" alt=\"\" class=\"wp-image-23804\" srcset=\"https:\/\/www.meishengzz.com\/wp-content\/uploads\/2026\/04\/image-13-1024x379.png 1024w, https:\/\/www.meishengzz.com\/wp-content\/uploads\/2026\/04\/image-13-300x111.png 300w, https:\/\/www.meishengzz.com\/wp-content\/uploads\/2026\/04\/image-13-768x285.png 768w, https:\/\/www.meishengzz.com\/wp-content\/uploads\/2026\/04\/image-13-18x7.png 18w, https:\/\/www.meishengzz.com\/wp-content\/uploads\/2026\/04\/image-13.png 1536w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n\n\n\n<p>In the daily chart, XAU\/USD trades at $4,700.60. The metal is holding just above the 21-day simple moving average (SMA) near $4,693, but remains capped beneath the 100-day SMA at $4,736 and the descending trendline resistance clustered around $4,737, preserving a mildly bearish, corrective bias. The broader structure shows price still above the 200-day SMA at $4,244 and a pair of rising support trend lines, yet the Relative Strength Index (14) hovering around 46 hints at waning upside momentum as rallies struggle against the overhead confluence.<\/p>\n\n\n\n<p>On the topside, immediate resistance is located at the 100-day SMA around $4,736, closely followed by the descending trendline near $4,775; a sustained break above this band would be needed to ease the current cap and open the way toward the 50-day SMA near $4,875. On the downside, initial support aligns with the 21-day SMA in the $4,690\u20134,700 region, ahead of the higher rising trendline support around $4,589; a loss of that area could expose the lower ascending trendline near $4,383, with the 200-day SMA at roughly $4,244 acting as a more substantial medium-term floor.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold is challenging the $4,700 level on renewed downside in Asia on Thursday, wiping out the previous rebound. Gold is facing headwinds once again as the US Dollar holds onto its recent recovery gains amid a stand-off between the US and Iran on peace talks and the Strait of Hormuz gambit. With no signs of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.meishengzz.com\/vi\/daily-commentary-381-20260423\/\" class=\"more-link\">\u0110\u1ecdc ti\u1ebfp<span class=\"screen-reader-text\"> &#8220;GOLD awaits a clear impetus amid US-Iran stand-off&#8221;<\/span><\/a><\/p>","protected":false},"author":5,"featured_media":17233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-23803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-commentary"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/posts\/23803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/comments?post=23803"}],"version-history":[{"count":1,"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/posts\/23803\/revisions"}],"predecessor-version":[{"id":23805,"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/posts\/23803\/revisions\/23805"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/media\/17233"}],"wp:attachment":[{"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/media?parent=23803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/categories?post=23803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meishengzz.com\/vi\/wp-json\/wp\/v2\/tags?post=23803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}