黄金价格在解放日之前飙升

黄金价格本周继续与加密货币和股票市场差异，因为它飙升至创纪录的3,125美元。它已经连续五个星期飙升了

Gold price continued diverging from the crypto and stock market this week as it soared to a record high of $3,125. It has now surged for five consecutive weeks, making it one of the year’s best-performing assets. In contrast, the crypto market continues imploding, with its marke cap plunging by over $1 trillion in the past few months.

黄金价格本周与加密货币和股票市场的差异继续差异，因为它飙升至创纪录的3,125美元。现在已经连续五个星期激增，使其成为当年表现最好的资产之一。相比之下，加密货币市场继续爆炸，在过去的几个月中，其Marke Cap跌幅超过1万亿美元。

Gold Price Surges Ahead of Liberation Day

黄金价格在解放日之前飙升

The price of XAU/USD has continued surging as gold became the most popular safe haven asset this year. Investors are afraid of Donald Trump’s Liberation Day, where he will unveil reciprocal tariffs against most of the US trade partners.

随着黄金成为今年最受欢迎的避风港资产，XAU/USD的价格一直在飙升。投资者害怕唐纳德·特朗普（Donald Trump）的解放日，在那里他将向美国大多数贸易伙伴推出互惠关税。

He has already announced other substantial tariffs in the past few weeks. Just last week, he announced 25% tariffs on all imported automobiles and parts. He also announced 25% tariffs on all imported steel and aluminum, and a similar amount for all goods imported from Canada and Mexico.

在过去的几周中，他已经宣布了其他重大关税。就在上周，他宣布对所有进口汽车和零件的关税25％。他还宣布了所有进口钢和铝的25％关税，从加拿大和墨西哥进口的所有商品都相似。

Gold price is, therefore, rising as investors rush to its safety since it has played a safe haven role in the last decades. Besides, data shows that more countries like Russia, Turkey, and China have continued boosting their gold purchases.

因此，由于投资者在过去几十年中扮演了避风港的角色，因此金价上涨了。此外，数据表明，俄罗斯，土耳其和中国等越来越多的国家继续增强他们的黄金购买。

Gold has also jumped as investors anticipate weaker relations between the US and other countries. For example, there are signs that talks between the US and Russia are not going on well, with reports saying that Trump was ‘very angry’ with Putin as the ceasefire negotiations continue.

由于投资者预期美国与其他国家之间的关系较弱，黄金也跳跃了。例如，有一些迹象表明，美国和俄罗斯之间的谈判表现不佳，报道说，随着停火谈判的继续，特朗普对普京感到“非常生气”。

Therefore, gold price is soaring amid a confluence of bullish catalysts like safe-haven demand, central bank purchases, and rising tensions between the US and other countries.

因此，在看涨的催化剂汇合处，例如避风港需求，中央银行的购买以及美国与其他国家之间的紧张局势上升，黄金价格正在飙升。

XAU/USD Technical Analysis

XAU/USD技术分析

Technicals and trend-following principles show that the gold price will likely keep rising for a while. It has already jumped above the key resistance level at $2,787, the upper side of an ascending triangle pattern.

技术和趋势的原则表明，黄金价格可能会持续一段时间。它已经以2,787美元的价格跳高了关键阻力水平，这是上升三角形图案的上侧。

Gold has remained above the 50-week Exponential Moving Average (EMA). Also, the Average Directional Index (ADX) has jumped to 47, a sign that the momentum is gaining steam.

黄金保持在50周的指数移动平均值（EMA）之上。同样，平均方向指数（ADX）跃升至47，这表明这种势头正在增加。

Therefore, gold prices will likely continue soaring, with the next point to watch being at $3,500. A crash below the support at $2,787 will invalidate the bullish outlook.

因此，黄金价格可能会继续飙升，下一步要观看的价格为3500美元。支持低于2,787美元的撞车事故将使看涨的前景无效。

Why Crypto Market is Crashing

为什么加密市场崩溃

Interestingly, the gold price surge happened as the crypto market imploded. Bitcoin price has crashed from the year-to-date high of $109,300 to $82,000. Prices of other coins like Ethereum, XRP, and Shiba Inu have plunged.

有趣的是，随着加密货币市场崩溃，黄金价格上涨发生了。比特币的价格从$ 109,300的年降至82,000美元。以太坊，XRP和Shiba Inu等其他硬币的价格跌落。

These coins have plunged because of the rising fear that Trump’s tariffs may lead to a recession in the United States and other countries. Their crash is a sign that Bitcoin is not a safe haven asset as some analysts have argued in the past.

由于担心特朗普的关税可能会导致美国和其他国家的衰退，因此这些硬币陷入了困境。他们的崩溃表明比特币不是避风港的资产，因为一些分析师过去认为比特币。

Still, on the positive side, there is a likelihood that Bitcoin and other players in the crypto market will bounce back once the dust settles. That’s because, historically, risky assets do well when there is a recession because the Federal Reserve intervenes by cutting interest rates and implementing quantitative easing.

尽管如此，从积极的一面来看，一旦尘埃落定，加密货币市场中的比特币和其他玩家可能会反弹。这是因为从历史上看，有风险的资产在发生衰退时会很好，因为美联储通过降低利率和实施定量缓解来干预。