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Stop getting tangled up in gold.
Will it keep rising!
The answer is clear:
The long-term upward trend remains unchanged,
But there will be a short-term volatility pullback,
Blindly chasing highs will only lead to being "harvested" by the market.
This year's gold price has skyrocketed by over 60%,
Break through the $4000 barrier,
A Goldman Sachs survey shows that over 70% of institutions are bullish.
As many as 36% predict it will break 5000 dollars next year.
This market trend is by no means a coincidence,
Central banks around the world continue to increase their holdings.
The weakening of the Federal Reserve's interest rate cut expectations reduces holding costs.
In addition to geopolitical risks and economic uncertainty,
The threefold power makes gold the "hard currency among hard currencies".
But short-term overbought signals are already present,
The RSI indicator is approaching the critical value.
News such as the Russia-Ukraine ceasefire negotiations is also weakening the risk premium icon.
A pullback to around $4000 is highly likely.
My core viewpoint is:
Gold has evolved from a "safe-haven asset" to a "long-term strategic asset."
But the rise is never a straight sprint.
The truly smart operation is to borrow the callback layout,
Instead of standing guard at high prices.
Are you planning to take advantage of the pullback to buy in?
Do you still think the gold price can break through 5000 US dollars?
Come to the comment section and share your judgment! #成长值抽奖赢iPhone17和周边 #十二月行情展望 #GIGGLE和PIPPIN强势上涨 #XAUT