1 thought on “The cause of gold surge and future development”
Hector
Why the price of gold rose sharply: If first, the exchange rate of the dollar is low. The price of gold is calculated in the US dollar. If the US dollar exchange rate decreases, this is equivalent to the depreciation of the US dollar, and the price of gold will rise. This is the general law of the gold market. When the US dollar appreciates, the price of gold will decline, and when the US dollar falls, the price of gold will rise. It, the price of oil has risen. The oil price is closely related to gold prices. As oil prices rose, gold prices rose. Therefore, when oil prices rise, market investors will be more willing to be in gold and investment, which will further increase the price of gold third, market demand increases. in recent years, the demand for gold in the international market has increased significantly, especially in emerging markets. The large demand for gold has stimulated the gold market, leading to the rise in the price of gold fourth, and the price of gold in the country of goods has risen. The most fundamental reason is that the price of gold supply goods will be the same as the price of gold in the entire market. Fifth, national needs to prevent inflation. If, gold has been an important means to prevent war and economic inflation since ancient times. No matter which country, gold is a hard currency that is not affected by the social system and the economic environment. The state can appropriately increase the prices of gold according to the need to prevent inflation. . Political turmoil and war will stimulate the price of gold. The international political turmoil and frequent wars will lead to a significant decline in gold output, and the supply of gold markets will decrease significantly, thereby pushing the price of gold. Therefore, during the war, investors liked gold, investing, and waiting for gold supply to decline significantly to increase the price of gold, thereby increasing the value of gold in their hands. The future gold price trend analysis: Gold opened the day before yesterday to report to $ 2027/ounce. After the opening, the minimum price fell unilaterally, the minimum price was 1901 US dollars. The daily line is closed. After the gold rose, it appeared in three consecutive shades and appeared in the form of a broken knife, which further showed the lack of transaction volume. The gold price exceeds the short-term moving average and runs in the MA20-MA30 range, and the shock indicator deviates downwards at a high level. At present, we need to consider whether gold has reached its peak. My point is that if the gold rebounds strongly, it is likely to accelerate the decline. Golden at the high position of gold in 2047 formed a downward ABC wave trend, while the decrease of C waves is far more than twice the A wave. trend. Today, the resistance level above gold rebounds first in 1935 positions to the US dollar resistance, and then the resistance level of the 1950 position. Below the support level, the location first pays attention to $ 1,900, followed by $ 1,873. In general, Mo Qianji believes that today's operation is mainly to consider the rebound of shortness. The top is concerned about $ 1935-1950/ounce, and the bottom is focused on $ 1872-1823/ounce. The fluctuations in gold are not small, and the market often meets our expectations. This is also caused by the differences in high prices and low prices and the selling of previous profits! At the same time, the positive signal of the vaccine also reduces the emotion of risk aversion to the freezing point. The key point for gold to break this status is that the decline after the watershed is certain. Yesterday, gold slid directly from the top of the mountain to the foot of the mountain. Only with persistence can we know the stimulus of the empty order.
Why the price of gold rose sharply:
If first, the exchange rate of the dollar is low.
The price of gold is calculated in the US dollar. If the US dollar exchange rate decreases, this is equivalent to the depreciation of the US dollar, and the price of gold will rise. This is the general law of the gold market. When the US dollar appreciates, the price of gold will decline, and when the US dollar falls, the price of gold will rise.
It, the price of oil has risen.
The oil price is closely related to gold prices. As oil prices rose, gold prices rose. Therefore, when oil prices rise, market investors will be more willing to be in gold and investment, which will further increase the price of gold
third, market demand increases.
in recent years, the demand for gold in the international market has increased significantly, especially in emerging markets. The large demand for gold has stimulated the gold market, leading to the rise in the price of gold
fourth, and the price of gold in the country of goods has risen.
The most fundamental reason is that the price of gold supply goods will be the same as the price of gold in the entire market.
Fifth, national needs to prevent inflation.
If, gold has been an important means to prevent war and economic inflation since ancient times. No matter which country, gold is a hard currency that is not affected by the social system and the economic environment. The state can appropriately increase the prices of gold according to the need to prevent inflation.
. Political turmoil and war will stimulate the price of gold.
The international political turmoil and frequent wars will lead to a significant decline in gold output, and the supply of gold markets will decrease significantly, thereby pushing the price of gold. Therefore, during the war, investors liked gold, investing, and waiting for gold supply to decline significantly to increase the price of gold, thereby increasing the value of gold in their hands.
The future gold price trend analysis: Gold opened the day before yesterday to report to $ 2027/ounce. After the opening, the minimum price fell unilaterally, the minimum price was 1901 US dollars. The daily line is closed. After the gold rose, it appeared in three consecutive shades and appeared in the form of a broken knife, which further showed the lack of transaction volume. The gold price exceeds the short-term moving average and runs in the MA20-MA30 range, and the shock indicator deviates downwards at a high level. At present, we need to consider whether gold has reached its peak. My point is that if the gold rebounds strongly, it is likely to accelerate the decline.
Golden at the high position of gold in 2047 formed a downward ABC wave trend, while the decrease of C waves is far more than twice the A wave. trend. Today, the resistance level above gold rebounds first in 1935 positions to the US dollar resistance, and then the resistance level of the 1950 position. Below the support level, the location first pays attention to $ 1,900, followed by $ 1,873. In general, Mo Qianji believes that today's operation is mainly to consider the rebound of shortness. The top is concerned about $ 1935-1950/ounce, and the bottom is focused on $ 1872-1823/ounce.
The fluctuations in gold are not small, and the market often meets our expectations. This is also caused by the differences in high prices and low prices and the selling of previous profits! At the same time, the positive signal of the vaccine also reduces the emotion of risk aversion to the freezing point. The key point for gold to break this status is that the decline after the watershed is certain. Yesterday, gold slid directly from the top of the mountain to the foot of the mountain. Only with persistence can we know the stimulus of the empty order.