Overnight, gold broke through the "downward trend line."
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Against the backdrop of the sudden escalation of the Russia-Ukraine situation and the resurgence of tariff risks, gold prices, which have been in adjustment since late April, have rebounded again. Gold overnight broke through the "downward trend line." In the upcoming turbulent period, facing the geopolitical risks of Russia-Ukraine and Iran nuclear issues, as well as the expiration of "reciprocal tariffs" on July 4, gold will still be an important choice for the market to hedge risks?
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