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Gold Rebounds After Deep Weekly Loss With Rate Outlook in Flux
Gold Holds Near Two-Month Low As Powell Flags Rate-Cut Restraint
Gold Trades Like the New Bitcoin – TDS
Over the past three years, with an increase of over 50%, the gold price has finally fallen. Is it a good time to buy? There is still support in the medium to long term, with a bullish view to $2900.
1. After Trump's election victory, the stimulating power of geopolitical risks on gold prices will decrease, coupled with the central bank's pause in gold purchases interrupting this round of gold price increase; 2. It is expected that gold prices will still fluctuate weakly this week; 3. Institutions believe the target price for gold is set at 2,900 USD/ounce, which means there is still an 11% increase potential.
Historically, gold has performed poorly after elections. Will it be different this time?
Citigroup believes that gold may face pressure in the short term after the US election, but the relationship between gold and the "Trump trade" is not significant. The structural bull market of gold remains stable, and investors are advised to buy when the gold price falls, expecting the price to reach $3,000 per ounce in the next 6 months.
Gold soared 34% to a new high this year! Experts warn: usa may face a deep pullback after the presidential election.
On the eve of the USA election, the gold price continues to hit a historical high.
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潜伏 : Although it has increased several times, it didn't take long for the company to transform the gold market before it began to be profitable