{"id":23911,"date":"2026-05-29T03:53:59","date_gmt":"2026-05-29T03:53:59","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=23911"},"modified":"2026-05-29T03:53:59","modified_gmt":"2026-05-29T03:53:59","slug":"daily-commentary-402","status":"publish","type":"post","link":"https:\/\/www.meisheng.asia\/zh_tw\/daily-commentary-402-20260529\/","title":{"rendered":"XAU\/USD \u56de\u6b78 $4,500 \u9644\u8fd1\u7684\u719f\u6089\u5340\u9593\uff1b\u63a5\u4e0b\u4f86\u6703\u5982\u4f55\uff1f"},"content":{"rendered":"<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>Gold looks to build on the previous recovery from two-month lows, re-attempts $4,500 early Friday.<\/strong><\/li>\n<li><strong>The US Dollar consolidates the downside amid renewed US-Iran peace deal hopes, mixed markets.<\/strong><\/li>\n<li><strong>Technically, Gold defends the 200-day SMA just above $4,400 despite the bearish momentum.<\/strong><\/li>\n<\/ul>\n<p>Gold is struggling to extend the previous rebound from two-month lows of $4,367 early Friday, challenging offers once again above $4,500, while on track to book another weekly loss.<\/p>\n<p>Gold buyers appear to have turned cautious in Asia this Friday as traders assess the reports of a US-Iran peace framework against the latest exchange of strikes from both sides near the Strait of Hormuz.<\/p>\n<p>Axios on Thursday reported that the United States (US) and Iran have reached a tentative 60-day memorandum of understanding (MOU) to extend the ceasefire and begin formal nuclear negotiations.<\/p>\n<p>The report further noted that the agreement still required final approval from President Donald Trump, who reportedly asked for several days to review the proposal.<\/p>\n<p>Also, there is no official confirmation yet from the Iranian side, following this report. Meanwhile, there were reports that a US aircraft was destroyed near Iran&#x27;s Bushehr, though the US Military was quick to clarify that &quot;Iran&#x27;s state TV claim of Iranian forces downing US aircraft near Bushehr is false.&quot;<\/p>\n<p>In light of these ongoing hostilities in the Gulf, the US-Iran peace deal optimism seems to have faded, offering a floor to the safe-haven US Dollar (USD) for now, while limiting recovery attempts in Gold.<\/p>\n<p>Additionally, the Greenback keeps finding support from hotter-than-expected inflation data-led Federal Reserve (Fed) interest rate hike expectations.<\/p>\n<p>Data on Thursday showed that the Fed&#x27;s preferred inflation measure, the core Personal Consumption Expenditures (PCE) Price Index, advanced 3.3% on year-over-year basis, versus the central bank&#x27;s 2% target, its fastest increase in three years.<\/p>\n<p>Moving on, the next move in Gold will depend on the incoming updates on the US-Iran truce front and the Oil price action. As of writing, the recent pullback in Oil prices is also helping Gold hold onto its ground above the critical daily support.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"390\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/05\/gold-chart-1024x390.png\" alt=\"Gold Technical Analysis Chart\" class=\"wp-image-23912\" srcset=\"https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/05\/gold-chart-1024x390.png 1024w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/05\/gold-chart-300x114.png 300w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/05\/gold-chart-768x292.png 768w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/05\/gold-chart-1536x585.png 1536w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/05\/gold-chart-18x7.png 18w, https:\/\/www.meisheng.asia\/wp-content\/uploads\/2026\/05\/gold-chart.png 1647w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n<p>In the daily chart, XAU\/USD trades at $4,496.39. The metal remains under pressure as spot holds below the short and medium-term simple moving averages (SMAs), with the 21-day SMA near $4,585 and the 50-day SMA around $4,627 reinforcing a bearish tone while price clings only marginally above the long-term 200-day SMA at roughly $4,405. The Relative Strength Index (14) at about 42 sits in bearish territory, suggesting downside momentum is still dominant even as the market consolidates just under recent breakdown levels.<\/p>\n<p>On the topside, initial resistance is seen at the 21-day SMA around $4,585, followed by the 50-day SMA near $4,627, while the 100-day SMA up at roughly $4,802 marks a stronger barrier should a deeper corrective bounce unfold. On the downside, immediate support is aligned with the latest reaction area on the descending trend line close to $4,496, ahead of more meaningful protection at the 200-day SMA around $4,405; a clear loss of this latter level would likely open the door to a more pronounced bearish extension.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold looks to build on the previous recovery from two-month lows, re-attempts $4,500 early Friday. The US Dollar consolidates the downside amid renewed US-Iran peace deal hopes, mixed markets. Technically, Gold defends the 200-day SMA just above $4,400 despite the bearish momentum. Gold is struggling to extend the previous rebound from two-month lows of $4,367 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.meisheng.asia\/zh_tw\/daily-commentary-402-20260529\/\" class=\"more-link\">\u95b1\u8b80\u5168\u6587<span class=\"screen-reader-text\">\u3008XAU\/USD returns to familiar range around $4,500; what next?\u3009<\/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-23911","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-commentary"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/posts\/23911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/comments?post=23911"}],"version-history":[{"count":1,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/posts\/23911\/revisions"}],"predecessor-version":[{"id":23913,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/posts\/23911\/revisions\/23913"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/media\/17233"}],"wp:attachment":[{"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/media?parent=23911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/categories?post=23911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meisheng.asia\/zh_tw\/wp-json\/wp\/v2\/tags?post=23911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}