hen the upward trend is no longer clear, you should reduce your positions step by step; when a downward trend is formed, you should clear your positions decisively or go short in the opposite direction, but short-term selling can only be done.
- When the upward trend is no longer clear, you should reduce your positions step by step; when a downward trend is formed, you should clear your positions decisively or go short in the opposite direction, but short-term short-term selling can only be done.
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- From the perspective of recent years, the reaction of gold prices to changes in market expectations has been ahead of silver . When the trend of gold prices weakens, the next round of decline may be silver prices . Investors should carefully control their positions at this time. Intervention after the price of gold is lowered.
- In the short and medium term, gold is greatly affected by the U.S. dollar and stock indexes. Investors need to pay special attention to several issues: (1) the evolution of inflation and anti-inflation policies; (inflation rises, gold prices rise; monetary policies fight inflation, gold prices fall ) (2) the movement of the US dollar exchange rate; (the US dollar falls, the gold price rises) (3) the fluctuation of the oil price; (the oil price rises, the gold price rises). The logic is that when the price of oil in the international market rises, the dollar will depreciate, because international gold is priced in “dollars”, and the depreciation of the dollar and inflation will stimulate the safe-haven demand for investment, thereby stimulating further increases in the price of gold.
- In the long run, the price of gold is determined by the relationship between market supply and demand. Since silver has a wider range of industrial uses than gold, such as for electronic information industry, film processing and manufacturing, etc., the recovery of industrial demand and the continuous consumption of silver are both It has laid the foundation for its future to surpass gold’s gains. And gold only flows around the world, and will not be consumed on a large scale. In addition, it should be noted that if silver production increases significantly, its price will fall back, and factors that cause it to happen are innovations in silver mining technology, the discovery of new deposits, and prolonged miners’ strikes due to unstable conditions.