{"id":24081,"date":"2026-07-22T05:04:43","date_gmt":"2026-07-22T05:04:43","guid":{"rendered":"https:\/\/www.maxainasia.com\/?p=24081"},"modified":"2026-07-22T05:04:43","modified_gmt":"2026-07-22T05:04:43","slug":"daily-commentary-436","status":"publish","type":"post","link":"https:\/\/www.maxainasia.com\/ja\/daily-commentary-436-20260722\/","title":{"rendered":"\u539f\u6cb9\u4fa1\u683c\u306e\u4e0a\u6607\u304c\u7d9a\u304f\u4e2d\u3001\u529b\u5f37\u3044\u56de\u5fa9\u304c\u969c\u5bb3\u306b\u76f4\u9762\u3059\u308b\u53ef\u80fd\u6027"},"content":{"rendered":"<ul class=\"wp-block-list has-text-color\" style=\"color: #f40307;\">\n<li><strong>\u91d1\u4fa1\u683c\u306f\u3055\u3089\u306b\u56de\u5fa9\u3057\u3001$4,140\u4ed8\u8fd1\u307e\u3067\u4e0a\u6607\u3057\u30013\u55b6\u696d\u65e5\u9023\u7d9a\u306e\u4e0a\u6607\u3092\u8a18\u9332\u3057\u305f\u3002.<\/strong><\/li>\n<li value=\"2\"><strong>\u30a8\u30cd\u30eb\u30ae\u30fc\u4f9b\u7d66\u9014\u7d76\u3078\u306e\u61f8\u5ff5\u306e\u9ad8\u307e\u308a\u306b\u3088\u308b\u539f\u6cb9\u4fa1\u683c\u306e\u4e0a\u6607\u306f\u3001\u91d1\u306e\u56de\u5fa9\u3092\u9813\u632b\u3055\u305b\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002.<\/strong><\/li>\n<li value=\"3\"><strong>ECB\u306f\u6728\u66dc\u65e5\u306b\u653f\u7b56\u91d1\u5229\u3092\u636e\u3048\u7f6e\u304f\u3068\u898b\u3089\u308c\u3066\u3044\u307e\u3059\u3002.<\/strong><\/li>\n<\/ul>\n<p>\u91d1\u4fa1\u683c\uff08XAU\/USD\uff09\u306f\u6c34\u66dc\u65e5\u30013\u55b6\u696d\u65e5\u9023\u7d9a\u3067\u4e0a\u6607\u57fa\u8abf\u3092\u7d9a\u3051\u3001\u30a2\u30b8\u30a2\u5e02\u5834\u3067\u306f1.5%\u9ad8\u306e$4,140\u4ed8\u8fd1\u3067\u53d6\u5f15\u3055\u308c\u305f\u3002 \u30c8\u30ec\u30fc\u30c0\u30fc\u305f\u3061\u304c\u6765\u9031\u306e\u9023\u90a6\u6e96\u5099\u5236\u5ea6\u7406\u4e8b\u4f1a\uff08FRB\uff09\u306e\u91d1\u878d\u653f\u7b56\u4f1a\u5408\u306b\u5411\u3051\u305f\u5229\u4e0a\u3052\u4e88\u60f3\u3092\u5f8c\u9000\u3055\u305b\u305f\u3053\u3068\u3092\u53d7\u3051\u3001\u3053\u306e\u8cb4\u91d1\u5c5e\u306f\u3053\u3053\u6570\u55b6\u696d\u65e5\u30673\u9031\u9593\u3076\u308a\u306e\u5b89\u5024\u3067\u3042\u308b$3,959.80\u304b\u3089\u529b\u5f37\u304f\u53cd\u767a\u3057\u305f\u3002.<\/p>\n<p>\u30c8\u30ec\u30fc\u30c0\u30fc\u304c\u30bf\u30ab\u6d3e\u7684\u306aFRB\u3078\u306e\u8ced\u3051\u3092\u6e1b\u3089\u3059\u30b7\u30ca\u30ea\u30aa\u306f\u3001\u5229\u606f\u3092\u751f\u3080\u8cc7\u7523\u306b\u306f\u4e0d\u5409\u3067\u3042\u308a\u3001\u6700\u7d42\u7684\u306b\u306f\u91d1\u306e\u3088\u3046\u306a\u5229\u606f\u3092\u751f\u307e\u306a\u3044\u8cc7\u7523\u306e\u9b45\u529b\u3092\u9ad8\u3081\u307e\u3059\u3002.<\/p>\n<p>\u3057\u304b\u3057\u3001\u4e16\u754c\u306e\u30a8\u30cd\u30eb\u30ae\u30fc\u4f9b\u7d66\u6df7\u4e71\u3078\u306e\u61f8\u5ff5\u304c\u5f37\u307e\u308b\u4e2d\u3001\u539f\u6cb9\u4fa1\u683c\u304c\u4e0a\u6607\u3092\u7d9a\u3051\u3066\u3044\u308b\u305f\u3081\u3001\u91d1\u306e\u6700\u8fd1\u306e\u53cd\u767a\u306f\u9813\u632b\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002.<\/p>\n<p>\u706b\u66dc\u65e5\u3001\u30a2\u30b8\u30a2\u3078\u5411\u304b\u3046\u30b5\u30a6\u30b8\u30a2\u30e9\u30d3\u30a2\u7523\u539f\u6cb9\u3092\u904b\u3076\u30bf\u30f3\u30ab\u30fc2\u96bb\u304c\u3001\u30a4\u30e9\u30f3\u3068\u9023\u643a\u3059\u308b\u30a4\u30a8\u30e1\u30f3\u306e\u30d5\u30fc\u30b7\u6d3e\u304b\u3089\u306e\u8105\u5a01\u3092\u53d7\u3051\u3066\u7d05\u6d77\u3067\u91dd\u8def\u3092\u53cd\u8ee2\u3055\u305b\u305f\u3068\u30ed\u30a4\u30bf\u30fc\u901a\u4fe1\u306f\u5831\u3058\u3066\u3044\u307e\u3059\u3002\u30db\u30eb\u30e0\u30ba\u6d77\u5ce1\u306e\u822a\u8def\u304c\u3059\u3067\u306b\u6df7\u4e71\u3057\u3066\u3044\u308b\u6642\u671f\u306b\u3001\u7d05\u6d77\u3078\u306e\u91cd\u8981\u306a\u6d77\u4e0a\u901a\u8def\u3067\u3042\u308b\u30d0\u30d6\u30fb\u30a8\u30eb\u30fb\u30de\u30f3\u30c7\u30d6\u6d77\u5ce1\u304c\u9589\u9396\u3055\u308c\u308b\u3053\u3068\u3067\u3001\u3055\u3089\u306a\u308b\u4f9b\u7d66\u9014\u7d76\u3078\u306e\u61f8\u5ff5\u304c\u9ad8\u307e\u3063\u3066\u3044\u307e\u3059\u3002.<\/p>\n<p>\u30a8\u30cd\u30eb\u30ae\u30fc\u4fa1\u683c\u306e\u4e0a\u6607\u304c\u518d\u3073\u30a4\u30f3\u30d5\u30ec\u671f\u5f85\u306e\u30a2\u30f3\u30ab\u30ea\u30f3\u30b0\u3092\u5d29\u3057\u3001\u4e16\u754c\u306e\u4e2d\u592e\u9280\u884c\u306b\u8ffd\u52a0\u306e\u91d1\u878d\u5f15\u304d\u7de0\u3081\u3092\u4f59\u5100\u306a\u304f\u3055\u305b\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002.<\/p>\n<p>\u4e00\u65b9\u3001\u30a2\u30e1\u30ea\u30ab\u3068\u30a4\u30e9\u30f3\u306e\u5916\u4ea4\u3078\u306e\u671f\u5f85\u306f\u3001\u30a4\u30e9\u30f3\u306e\u30a8\u30b9\u30ad\u30e3\u30f3\u30c0\u30eb\u30fb\u30e2\u30e1\u30cb\u5185\u76f8\u304c\u4ef2\u4ecb\u56fd\u306e\u30d1\u30ad\u30b9\u30bf\u30f3\u3092\u8a2a\u554f\u3057\u3001\u30a4\u30b9\u30e9\u30de\u30d0\u30fc\u30c9\u306b\u4ef2\u4ecb\u52aa\u529b\u306e\u7d99\u7d9a\u3092\u6c42\u3081\u305f\u3053\u3068\u304b\u3089\u3001\u4f9d\u7136\u3068\u3057\u3066\u6b8b\u3063\u3066\u3044\u307e\u3059\u3002.<\/p>\n<p>\u4eca\u9031\u3001\u6295\u8cc7\u5bb6\u306f\u6728\u66dc\u65e5\u306b\u884c\u308f\u308c\u308b\u6b27\u5dde\u4e2d\u592e\u9280\u884c\uff08ECB\uff09\u306e\u91d1\u878d\u653f\u7b56\u767a\u8868\u306b\u6ce8\u76ee\u3059\u308b\u3067\u3057\u3087\u3046\u3002ECB\u306f\u91d1\u5229\u3092\u636e\u3048\u7f6e\u304f\u3068\u4e88\u60f3\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u6295\u8cc7\u5bb6\u306f\u3001\u30a4\u30f3\u30d5\u30ec\u306e\u4e8c\u6b21\u7684\u5f71\u97ff\u304c\u77ed\u671f\u9593\u3067\u767a\u751f\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u304b\u3069\u3046\u304b\u306b\u3064\u3044\u3066\u3001\u65b0\u305f\u306a\u624b\u304c\u304b\u308a\u3092\u5f97\u308b\u305f\u3081\u306b\u3001\u91d1\u878d\u653f\u7b56\u58f0\u660e\u3068\u30af\u30ea\u30b9\u30c6\u30a3\u30fc\u30cc\u30fb\u30e9\u30ac\u30eb\u30c9ECB\u7dcf\u88c1\u306e\u8a18\u8005\u4f1a\u898b\u306b\u6ce8\u610f\u6df1\u304f\u8033\u3092\u50be\u3051\u308b\u3067\u3057\u3087\u3046\u3002.<\/p>\n<p><strong>\u91d1\u306e\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790<\/strong><\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-24082\" src=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-22-1024x404.png\" alt=\"Gold Technical Analysis\" width=\"1024\" height=\"404\" srcset=\"https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-22-1024x404.png 1024w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-22-300x118.png 300w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-22-768x303.png 768w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-22-1536x606.png 1536w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-22-18x7.png 18w, https:\/\/www.maxainasia.com\/wp-content\/uploads\/2026\/07\/gold-chart-2026-07-22.png 1702w\" sizes=\"(max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/figure>\n<p>\u672c\u7a3f\u57f7\u7b46\u6642\u70b9\u3067\u3001XAU\/USD\u306f$4,135.20\u4ed8\u8fd1\u3067\u4e0a\u6607\u3057\u3066\u63a8\u79fb\u3057\u3066\u3044\u308b\u3002 \u91d1\u4fa1\u683c\u306f\u300120\u671f\u9593\u6307\u6570\u79fb\u52d5\u5e73\u5747\u7dda\uff08EMA\uff09\u3067\u3042\u308b$4,094.38\u3092\u4e0a\u56de\u3063\u3066\u56de\u5fa9\u57fa\u8abf\u3092\u5f37\u3081\u3066\u304a\u308a\u3001\u3053\u306e\u52d5\u7684\u306a\u30c8\u30ec\u30f3\u30c9\u306e\u5e95\u5024\u306b\u3088\u3063\u3066\u4fa1\u683c\u304c\u652f\u3048\u3089\u308c\u7d9a\u3051\u3066\u3044\u308b\u3053\u3068\u304b\u3089\u3001\u77ed\u671f\u7684\u306a\u5f37\u6c17\u30d0\u30a4\u30a2\u30b9\u304c\u3084\u3084\u5f37\u307e\u3063\u3066\u3044\u308b\u3002 \u3053\u306e\u8cb4\u91d1\u5c5e\u306f\u3001$3,950\u4ed8\u8fd1\u306e\u91cd\u8981\u306a\u5b89\u5024\u3092\u518d\u8a2a\u3057\u305f\u969b\u306b\u5927\u5e45\u306a\u8cb7\u3044\u6ce8\u6587\u3092\u96c6\u3081\u3001\u305d\u306e\u5f8c\u529b\u5f37\u304f\u53cd\u767a\u3057\u305f\u3002.<\/p>\n<p>\u30e2\u30e1\u30f3\u30bf\u30e0\u306f\u5b89\u5b9a\u3057\u3066\u304a\u308a\u3001\u76f8\u5bfe\u529b\u6307\u6570\uff08RSI\uff09\u306f50.70\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u8cb7\u308f\u308c\u3059\u304e\u307e\u3067\u306b\u306f\u81f3\u3063\u3066\u3044\u306a\u3044\u3082\u306e\u306e\u3001\u58f2\u308a\u5727\u529b\u304c\u4f4e\u4e0b\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u307e\u3059\u3002.<\/p>\n<p>\u4e0b\u5024\u306b\u3064\u3044\u3066\u306f\u3001\u6700\u521d\u306e\u30b5\u30dd\u30fc\u30c8\u306f20\u671f\u9593EMA\u306e$4,094.38\u3068\u898b\u3089\u308c\u3001\u305d\u306e\u6b21\u306f6\u670830\u65e5\u306e\u5b89\u5024\u3067\u3042\u308b$3,941.76\u3068\u306a\u308b\u3002 \u4e0a\u5024\u306b\u3064\u3044\u3066\u306f\u30017\u67086\u65e5\u306e\u9ad8\u5024\u3067\u3042\u308b$4,202.61\u3092\u660e\u78ba\u306b\u4e0a\u629c\u3051\u308c\u3070\u3001\u30c0\u30d6\u30eb\u30dc\u30c8\u30e0\u5f62\u6210\u304b\u3089\u306e\u30d6\u30ec\u30a4\u30af\u30a2\u30a6\u30c8\u3068\u306a\u308a\u307e\u3059\u3002\u3053\u306e\u3088\u3046\u306a\u30b7\u30ca\u30ea\u30aa\u306b\u306a\u308c\u3070\u3001\u5f37\u6c17\u53cd\u8ee2\u306e\u53ef\u80fd\u6027\u304c\u9ad8\u307e\u308a\u3001$4,300\u306b\u5411\u3051\u305f\u3055\u3089\u306a\u308b\u4e0a\u6607\u306e\u4f59\u5730\u304c\u751f\u307e\u308c\u308b\u3067\u3057\u3087\u3046\u3002.<\/p>","protected":false},"excerpt":{"rendered":"<p>Gold price recovers further to near $4,140, extending its winning streak for the third trading day. Rising oil prices due to escalating energy supply disruption fears could derail Gold\u2019s recovery. The ECB is expected to leave policy rates unchanged on Thursday. Gold price (XAU\/USD) extends its winning streak for the third trading day on Wednesday, trading 1.5% higher to near $4,140 during the Asian session. The precious metal recovered strongly in the past few trading days from its three-week low of $3,959.80 as traders scaled back Federal Reserve\u2019s (Fed) interest rate hike expectations for the monetary policy meeting next week. The scenario of traders trimming hawkish Fed bets bodes poorly &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.maxainasia.com\/ja\/daily-commentary-436-20260722\/\" class=\"more-link\"><span class=\"screen-reader-text\">&#8220;Strong recovery might face roadblock as oil price extends gains&#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-24081","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\/24081","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=24081"}],"version-history":[{"count":2,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts\/24081\/revisions"}],"predecessor-version":[{"id":24090,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/posts\/24081\/revisions\/24090"}],"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=24081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/categories?post=24081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.maxainasia.com\/ja\/wp-json\/wp\/v2\/tags?post=24081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}