GOLD: Whether the Price can be Supported or not?

Hello everyone! Today i want to share some macro analysis with you!

Early Wednesday (26 March) Asian market, gold narrowly oscillated, currently trading near 3020.83 U.S. dollars.

Gold prices rose slightly on Tuesday, closing at $3019.84, temporarily holding above the 3000 round number mark, on the one hand, tariff concerns still provide safe-haven support, on the other hand, the U.S. consumer confidence data performed poorly, dragging down the U.S. dollar and U.S. bond yields, to give support to the gold price.

$XAU/USD(XAUUSD.FOREX)$ $Gold - main 2504(GCmain)$

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