Gold trading reminder: Wall Street strongly supports the gold price, under the support of multiple positive or sword finger 1900?

Gold trading reminder: Wall Street strongly supports the gold price, under the support of multiple positive or sword finger 1900?
Huitong.com – on May 17, in Asian session, spot gold was stable around 1845. This week, Wall Street analysts continue to be bullish on the gold price, and there are many positive factors behind the gold price. The gold price may break through 1850. In Asian trading on Monday (May 17), spot gold was stable around 1845. Last Friday (May 14), the US retail sales and consumer confidence index were lower than expected, leading to the decline of both US dollar and US bond yields, which strongly supported the gold price. In addition, the speeches of Federal Reserve officials, the conflict between Palestine and Israel, the recent collapse of bitcoin and the worsening epidemic situation in Asia have all become the positive factors for gold’s rise. At the same time, the strength of the stock market has limited the rise of gold prices. This week focuses on the minutes of the Federal Reserve meeting in April and the manufacturing PMI of European and American countries in May