Many people have asked me why there is such a big fluctuation in #gold at this stage?

I'll explain it to you

#XAUUSD

Taking into account the expectations for the future, it is expected that vaccination will gradually decline and the economy will gradually recover. #Gold will not support the upward momentum in the future. Will you continue to buy and hold gold?

#XAUUSD

The market is the same, so although the current economy and the epidemic have not been controlled, its support for gold has gradually weakened.

As you can see in the figure, the real interest rate of each term has been rising since it bottomed out in August.

When the vaccine comes out, it indicates that the global economy will gradually recover in the future, which also confirms the real interest rate. Bottoming out.

The real interest rate bottoms out and investors expect #gold to continue to rise.

I suggest that you have your own independent thinking.

Based on the current situation, it will be difficult for gold to get out of a clear unilateral rise in the future.

#XAUUSD

On August 11, Russia announced the vaccine, and gold fell sharply after hitting a high of 2074; on November 9, Pfizer announced that the effectiveness of the nucleic acid vaccine was 90%, and #gold was also a physical shadow.

Under such circumstances, it is obviously impossible to expect a significant increase in gold in the future.

On the big side, I suggest that you have a more sensible expectation of #gold.

#XAUUSD

At present, the three aspects of ：

1、nominal interest rate

2、inflation

3、fiscal stimulus plan

are all cut off to the rise of gold

The only good thing is that the average inflation target of the Federal Reserve will underpin the price of gold.

#xauusd #gold @XAUUSD_li

But where is this bottom? From the current trend of gold, it may be far lower than the current gold price. You must be prepared for this.

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