{"id":24075,"date":"2026-07-20T05:35:03","date_gmt":"2026-07-20T05:35:03","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=24075"},"modified":"2026-07-20T05:35:03","modified_gmt":"2026-07-20T05:35:03","slug":"daily-commentary-434","status":"publish","type":"post","link":"https:\/\/www.maxainasia.com\/ja\/daily-commentary-434-20260720\/","title":{"rendered":"\u30a4\u30e9\u30f3\u60c5\u52e2\u306e\u7dca\u8feb\u5316\u306b\u4f34\u3044\u3001XAU\/USD\u306f$3,950\u3092\u8996\u91ce\u306b\u5165\u308c\u3066\u3044\u308b"},"content":{"rendered":"<ul style=\"color:#f40307\" class=\"wp-block-list has-text-color\">\n<li><strong>\u91d1\u4fa1\u683c\u306f\u30016\u9031\u9593\u3076\u308a\u306e\u6700\u5927\u306e\u4e0b\u843d\u3092\u8a18\u9332\u3057\u305f\u5f8c\u3001\u6708\u66dc\u65e5\u306e\u65e9\u671d\u3001$4,000\u4ed8\u8fd1\u3067\u3082\u307f\u5408\u3044\u3068\u306a\u3063\u3066\u3044\u308b\u3002.<\/strong><\/li>\n<li><strong>\u7c73\u30c9\u30eb\u306f\u3001\u7c73\u30fb\u30a4\u30e9\u30f3\u7d1b\u4e89\u304c10\u65e5\u76ee\u306b\u7a81\u5165\u3057\u305f\u3053\u3068\u304b\u3089\u3001\u5b89\u5168\u8cc7\u7523\u3078\u306e\u9700\u8981\u306b\u652f\u3048\u3089\u308c\u3066\u3044\u308b\u3002.<\/strong><\/li>\n<li><strong>\u65e5\u8db3\u306e\u30c6\u30af\u30cb\u30ab\u30eb\u306a\u72b6\u6cc1\u304c\u5f31\u6c17\u306a\u307e\u307e\u3067\u3042\u308b\u305f\u3081\u3001\u91d1\u306f\u3055\u3089\u306b\u4e0b\u843d\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002.<\/strong><\/li>\n<\/ul>\n<p>\u4eca\u9031\u306e\u7c73\u56fd\u7d4c\u6e08\u6307\u6a19\u306e\u767a\u8868\u304c\u6bd4\u8f03\u7684\u5c11\u306a\u3044\u4e2d\u3001\u7c73\u30a4\u30e9\u30f3\u9593\u306e\u5bfe\u7acb\u304c\u6fc0\u5316\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u53d7\u3051\u3001\u6708\u66dc\u65e5\u306e\u30a2\u30b8\u30a2\u5e02\u5834\u3067\u306f\u3001\u91d1\u76f8\u5834\u304c$4,000\u524d\u5f8c\u3067\u4e0a\u6607\u3068\u4e0b\u843d\u3092\u7e70\u308a\u8fd4\u3057\u3066\u3044\u308b\u3002.<\/p>\n<p>\u7c73\u30c9\u30eb\uff08USD\uff09\u304c\u7c73\u56fd\uff08US\uff09\u3068\u30a4\u30e9\u30f3\u306e\u7d1b\u4e89\u6fc0\u5316\u306e\u4e2d\u3001\u5b89\u5168\u8cc7\u7523\u3068\u3057\u3066\u306e\u9b45\u529b\u3092\u7dad\u6301\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u58f2\u308a\u5727\u529b\u304c\u7d9a\u3044\u3066\u3044\u308b\u3082\u306e\u306e\u3001\u5148\u90316\u9031\u9593\u3076\u308a\u306e\u5927\u5e45\u306a\u4e0b\u843d\u3092\u8a18\u9332\u3057\u305f\u91d1\u306f\u3001\u5e95\u5165\u308c\u306e\u5146\u3057\u3092\u898b\u305b\u3066\u3044\u307e\u3059\u3002.<\/p>\n<p>\u505c\u6226\u5408\u610f\u9055\u53cd\u3068\u601d\u308f\u308c\u308b\u65b0\u305f\u306a\u653b\u6483\u306e\u767a\u751f\u3001\u539f\u6cb9\u4fa1\u683c\u306e\u4e0a\u6607\u3001\u30a4\u30f3\u30d5\u30ec\u61f8\u5ff5\u306e\u518d\u71c3\u306b\u3088\u308a\u3001\u53cc\u65b9\u306f10\u65e5\u9593\u306e\u30a8\u30b9\u30ab\u30ec\u30fc\u30b7\u30e7\u30f3\u306b\u5165\u3063\u305f\u3002.<\/p>\n<p>\u7c73\u56fd\u4e2d\u592e\u8ecd\uff08CENTCOM\uff09\u306f\u65e5\u66dc\u65e5\u306bX\uff08\u65e7\u30c4\u30a4\u30c3\u30bf\u30fc\uff09\u3067\u3001\u300c\u3053\u308c\u3089\u306e\u653b\u6483\u306f\u3001\u30db\u30eb\u30e0\u30ba\u6d77\u5ce1\u3092\u822a\u884c\u3059\u308b\u5546\u8239\u3084\u6c11\u9593\u8239\u54e1\u3092\u653b\u6483\u3059\u308b\u305f\u3081\u306b\u4f7f\u7528\u3055\u308c\u308b\u30a4\u30e9\u30f3\u306e\u8ecd\u4e8b\u80fd\u529b\u3092\u3055\u3089\u306b\u4f4e\u4e0b\u3055\u305b\u7d9a\u3051\u308b\u3060\u308d\u3046\u3002\u300d\u3068\u8ff0\u3079\u305f\u3002\u3053\u308c\u3089\u306e\u653b\u6483\u306f\u3001\u571f\u66dc\u65e5\u306b\u30a4\u30e9\u30af\u3067\u7c73\u8ecd\u5175\u58eb1\u540d\u304c\u6b7b\u4ea1\u3057\u3001\u91d1\u66dc\u65e5\u306b\u30e8\u30eb\u30c0\u30f3\u3067\u7c73\u8ecd\u5175\u58eb2\u540d\u304c\u6b7b\u4ea1\u3057\u305f\u5f8c\u306b\u767a\u52d5\u3055\u308c\u305f\u3002.<\/p>\n<p>\u5831\u5fa9\u3068\u3057\u3066\u3001\u30a4\u30e9\u30f3\u306e\u30a4\u30b9\u30e9\u30e0\u9769\u547d\u9632\u885b\u968a\uff08IRGC\uff09\u306f\u3001\u30e8\u30eb\u30c0\u30f3\u306e\u30a2\u30ab\u30d0\u7a7a\u6e2f\u306b\u3042\u308b\u7c73\u8ecd\u6a5f\u3092\u5f3e\u9053\u30df\u30b5\u30a4\u30eb\u3067\u653b\u6483\u3057\u305f\u3068\u767a\u8868\u3057\u3001\u300c\u7c73\u56fd\u306b\u3088\u308b\u5730\u57df\u3078\u306e\u300e\u4fb5\u7565\u300f\u304c\u7d9a\u304f\u9650\u308a\u3001\u6d77\u5ce1\u306f\u5b89\u5168\u306b\u306a\u3089\u306a\u3044\u3060\u308d\u3046\u300d\u3068\u8b66\u544a\u3057\u3001\u300c\u3053\u306e\u6d77\u5ce1\u306f\u77f3\u6cb9\u5316\u5b66\u88fd\u54c1\u306e\u8f38\u9001\u306b\u3068\u3063\u3066\u3082\u3001\u4e00\u679a\u306e\u77f3\u6cb9\u3084\u30ac\u30b9\u306e\u6ef4\u306b\u3068\u3063\u3066\u3082\u5b89\u5168\u3067\u306f\u306a\u3044\u300d\u3068\u4ed8\u3051\u52a0\u3048\u305f\u3002.<\/p>\n<p>\u307e\u305f\u3001\u7c73\u56fd\u8ecd\u306b\u5bfe\u3057\u300c\u61f2\u7f70\u7684\u4f5c\u6226\u300d\u306e\u6e96\u5099\u3092\u3059\u308b\u3088\u3046\u8b66\u544a\u3057\u305f\u3002.<\/p>\n<p>\u4eca\u9031\u521d\u3081\u3001WTI\u539f\u6cb9\u4fa1\u683c\u304c2%\u3092\u4e0a\u56de\u308b\u6025\u9a30\u3092\u898b\u305b\u3001\u30a4\u30f3\u30d5\u30ec\u61f8\u5ff5\u304c\u9ad8\u307e\u308b\u4e2d\u3001\u7c73\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u304c\u4eca\u5e74\u5c11\u306a\u304f\u3068\u30822\u56de\u306e\u5229\u4e0a\u3052\u3092\u884c\u3046\u3068\u306e\u898b\u65b9\u304c\u518d\u78ba\u8a8d\u3055\u308c\u305f\u3002\u305d\u306e\u521d\u56de\u306f\u65e9\u3051\u308c\u30709\u6708\u306b\u3082\u5b9f\u65bd\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002.<\/p>\n<p>\u3053\u306e\u30bf\u30ab\u6d3e\u7684\u306aFRB\u306e\u7269\u8a9e\u306f\u3001\u30c9\u30eb\u3092\u5168\u9762\u7684\u306a\u5f37\u3055\u3067\u652f\u3048\u7d9a\u3051\u3001\u4e0b\u843d\u5c40\u9762\u3067\u306e\u8cb7\u3044\u623b\u3057\u3092\u8a66\u307f\u308b\u91d1\uff08\u30b4\u30fc\u30eb\u30c9\uff09\u306e\u8cb7\u3044\u624b\u3092\u843d\u80c6\u3055\u305b\u3066\u3044\u308b\u3002\u91d1\u306f\u4e00\u822c\u7684\u306b\u4f4e\u91d1\u5229\u3067\u597d\u8abf\u306b\u63a8\u79fb\u3059\u308b\u3002.<\/p>\n<p>\u3055\u3089\u306b\u3001\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306e\u653f\u7b56\u62c5\u5f53\u8005\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u5727\u529b\u6291\u5236\u306e\u305f\u3081\u306b\u5229\u4e0a\u3052\u304c\u5fc5\u8981\u306b\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u5f15\u304d\u7d9a\u304d\u4e3b\u5f35\u3057\u307e\u3057\u305f\u3002.<\/p>\n<p>\u305d\u3046\u306f\u8a00\u3063\u3066\u3082\u3001\u5730\u653f\u5b66\u7684\u306a\u7dca\u5f35\u306e\u9ad8\u307e\u308a\u304c\u5f15\u304d\u7d9a\u304d\u58f2\u308a\u624b\u3092\u523a\u6fc0\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u91d1\u306f\u65b9\u5411\u6027\u306e\u306a\u3044\u53d6\u5f15\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u518d\u3073\u4e0b\u843d\u3059\u308b\u30ea\u30b9\u30af\u3092\u62b1\u3048\u3066\u3044\u307e\u3059\u3002.<\/p>\n<p>\u3055\u3089\u306b\u3001\u65e5\u8db3\u30c1\u30e3\u30fc\u30c8\u306e\u30c6\u30af\u30cb\u30ab\u30eb\u30bb\u30c3\u30c8\u30a2\u30c3\u30d7\u306f\u5f15\u304d\u7d9a\u304d\u5f31\u6c17\u30b7\u30b0\u30ca\u30eb\u3092\u70b9\u706f\u3055\u305b\u3066\u304a\u308a\u3001\u30b4\u30fc\u30eb\u30c9\u306e\u30ea\u30d0\u30a6\u30f3\u30c9\u3092\u3059\u3079\u3066\u30c1\u30a7\u30c3\u30af\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u306e\u30b7\u30ca\u30ea\u30aa\u306f\u8fd1\u3044\u5c06\u6765\u5909\u308f\u308b\u53ef\u80fd\u6027\u306f\u4f4e\u3044\u3067\u3059\u3002.<\/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\/07\/gold-chart-2026-07-20-1024x390.png\" alt=\"Gold Technical Analysis\" class=\"wp-image-24076\" srcset=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-20-1024x390.png 1024w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-20-300x114.png 300w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-20-768x292.png 768w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-20-1536x585.png 1536w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-20-18x7.png 18w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-20.png 1647w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n<p>\u65e5\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u306f\u3001XAU\/USD\u306f$4,012.40\u3067\u53d6\u5f15\u3055\u308c\u3066\u304a\u308a\u3001\u30b9\u30dd\u30c3\u30c8\u4fa1\u683c\u304c\u3059\u3079\u3066\u306e\u4e3b\u8981\u306a\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u660e\u78ba\u306b\u4e0b\u56de\u3063\u3066\u63a8\u79fb\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u5f31\u6c17\u57fa\u8abf\u304c\u7d9a\u3044\u3066\u3044\u307e\u3059\u3002 $4,070.64\u306b\u3042\u308b21\u65e5\u5358\u7d14\u79fb\u52d5\u5e73\u5747\u7dda\uff08SMA\uff09\u304c\u6700\u3082\u8fd1\u3044\u4e0a\u5024\u62b5\u6297\u7dda\u3067\u3042\u308a\u3001\u6b21\u3044\u3067$4,277\u306b\u3042\u308b50\u65e5SMA\u304c\u7d9a\u304d\u307e\u3059\u3002\u3055\u3089\u306b\u300123\u65e5SMA\u3001\u305d\u3057\u3066\u3088\u308a\u9060\u3044\u4f4d\u7f6e\u306b\u3042\u308b200\u65e5SMA\uff08$4,495.72\uff09\u3068100\u65e5SMA\uff08$4,523.46\uff09\u304c\u3001\u5168\u4f53\u7684\u306a\u76f8\u5834\u57fa\u8abf\u306b\u4e0b\u62bc\u3057\u5727\u529b\u3092\u304b\u3051\u7d9a\u3051\u3066\u3044\u307e\u3059\u3002 41\u524d\u5f8c\u306b\u3042\u308b\u76f8\u5bfe\u529b\u6307\u6570\uff08RSI\u300114\uff09\u306f\u4f9d\u7136\u3068\u3057\u3066\u57fa\u6e96\u7dda\u3092\u4e0b\u56de\u3063\u3066\u304a\u308a\u3001\u4e0b\u843d\u306e\u52e2\u3044\u306f\u4f9d\u7136\u3068\u3057\u3066\u6b8b\u3063\u3066\u3044\u308b\u3082\u306e\u306e\u3001\u58f2\u3089\u308c\u3059\u304e\u306e\u9818\u57df\u306b\u306f\u9054\u3057\u3066\u3044\u306a\u3044\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002.<\/p>\n<p>\u4e0a\u5024\u65b9\u9762\u3067\u306f\u3001\u76f4\u8fd1\u306e\u62b5\u6297\u7dda\u306f$4,071\u4ed8\u8fd1\u306e21\u65e5SMA\u306b\u4f4d\u7f6e\u3057\u3066\u304a\u308a\u3001\u3053\u3053\u3092\u65e5\u8db3\u3067\u4e0a\u56de\u3063\u3066\u5f15\u3051\u308b\u3053\u3068\u304c\u3001\u76f4\u8fd1\u306e\u58f2\u308a\u5727\u529b\u3092\u548c\u3089\u3052\u3001$4,277\u4ed8\u8fd1\u306e50\u65e5SMA\u306b\u5411\u3051\u305f\u9053\u3092\u958b\u304f\u3053\u3068\u306b\u306a\u308b\u3067\u3057\u3087\u3046\u3002 \u305d\u306e\u5148\u306b\u306f\u3001\u304a\u3088\u305d$4,496\u306b\u3042\u308b200\u65e5SMA\u3068\u3001$4,523\u3092\u308f\u305a\u304b\u306b\u4e0a\u56de\u308b100\u65e5SMA\u304c\u5bc6\u96c6\u3057\u305f\u62b5\u6297\u5e2f\u3092\u5f62\u6210\u3057\u3066\u304a\u308a\u3001\u4fa1\u683c\u304c\u3053\u308c\u3089\u306e\u6c34\u6e96\u3092\u4e0b\u56de\u3063\u3066\u63a8\u79fb\u3057\u3066\u3044\u308b\u9650\u308a\u3001\u3053\u308c\u4ee5\u4e0a\u306e\u9855\u8457\u306a\u56de\u5fa9\u3092\u5236\u9650\u3059\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u3044\u3002 \u63d0\u793a\u3055\u308c\u305f\u6307\u6a19\u306b\u3088\u3063\u3066\u660e\u78ba\u306a\u69cb\u9020\u7684\u306a\u652f\u6301\u7dda\u304c\u5b9a\u7fa9\u3055\u308c\u3066\u3044\u306a\u3044\u305f\u3081\u3001\u73fe\u5728\u306e\u6c34\u6e96\u3092\u4e0b\u56de\u308b\u65b0\u305f\u306a\u5b89\u5024\u304c\u3064\u3044\u305f\u5834\u5408\u3001\u30c1\u30e3\u30fc\u30c8\u4e0a\u306b\u65b0\u305f\u306a\u9700\u8981\u6c34\u6e96\u304c\u73fe\u308c\u308b\u307e\u3067\u3001\u91d1\u306f\u3055\u3089\u306a\u308b\u8abf\u6574\u4e0b\u843d\u306e\u30ea\u30b9\u30af\u306b\u3055\u3089\u3055\u308c\u308b\u3053\u3068\u306b\u306a\u308b\u3060\u308d\u3046\u3002.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold struggles around $4,000 early Monday after clinching the biggest weekly drop in six. The US Dollar stays supported by haven demand, as the US-Iran conflict extends into a tenth day. Gold remains vulnerable to fresh downside as the daily technical setup remains bearish. Gold\u00a0is swinging between gains and losses at around $4,000 in Monday\u2019s Asian trading, as the US-Iran conflict continues to flare up amid a relatively data-light US economic docket this week. Gold continues to find a floor after booking the biggest weekly decline in six weeks last week. However, sellers keep lurking as the US Dollar (USD) is defending its appeal as a safe-haven amid intensifying conflict &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.maxainasia.com\/ja\/daily-commentary-434-20260720\/\" class=\"more-link\"><span class=\"screen-reader-text\">&#8220;XAU\/USD keeps sight on $3,950 as the Iran war escalates&#8221; \u306e<\/span>\u7d9a\u304d\u3092\u8aad\u3080<\/a><\/p>","protected":false},"author":5,"featured_media":17233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-24075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-commentary"],"_links":{"self":[{"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts\/24075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/comments?post=24075"}],"version-history":[{"count":1,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts\/24075\/revisions"}],"predecessor-version":[{"id":24077,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts\/24075\/revisions\/24077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/media\/17233"}],"wp:attachment":[{"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/media?parent=24075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/categories?post=24075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/tags?post=24075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}