Gold Trading
During this period, I have received many messages from group members! I want to guide everyone to participate in online gold trading.
It is true that there are some stable market conditions in the gold trading market.
Last days, my team made considerable profits in gold trading. However, I think many people do not have the experience of online gold trading in guiding group members to participate in online gold trading.
I do not have such a plan in the short term, but friends who have participated in gold trading can send me a private message at any time, and I will give you some suggestions!!!
Today, I will give a unified reply to some questions about gold that you have sent to me recently!!!
The most frequently asked question recently is: Why does the price of gold continue to rise in the short term?
I think there are several reasons:
- The Fed’s interest rate cut expectations have increased:
- The market generally expects the Fed to cut interest rates in the near future, which reduces the opportunity cost of holding gold and attracts more investors to buy gold, thereby driving up gold prices.
Depreciation of the US dollar: The US dollar index fell. The depreciation of the US dollar made gold denominated in US dollars cheaper relative to other currencies, increasing the attractiveness of gold.
Gold purchasing behavior of global central banks: Central banks around the world continue to purchase gold as a reserve asset, especially central banks in emerging markets. This reflects the demand for gold as a reserve asset and provides support for gold prices.
Intensified geopolitical risks: Ongoing global geopolitical conflicts, such as the Russia-Ukraine conflict and the Israel-Palestine conflict, have boosted market risk aversion, and investors have turned to safe-haven assets such as gold.
Speculation is prevalent: Speculators’ bullish positions on gold are much higher than their bearish positions and remain high, indicating that the market has strong speculative demand for gold.
Inflation expectations: The monetary easing policies implemented by many countries have caused investors to worry about future economic inflation. As a traditional inflation hedging asset, gold has seen an increase in investment demand for risk aversion.
Gold trading is a margin trading. As long as there is enough market, you can make huge profits in a few minutes. In the gold trading last Friday, my profit was 50L! It only took 1 hour to complete the transaction!
Another question that everyone is concerned about is whether the rise in international gold prices can continue! I think that although the gold price has risen by nearly 30% this year, the driving force for the rise in gold prices still exists, and the rise in gold prices will continue.
I think there are three factors that could drive gold’s record rally.
First, gold tends to move inversely to interest rates. The Fed’s rate cut will effectively drive gold prices higher.
“At the Fed’s meeting this week, the Fed will again raise interest rates by 50 basis points. I expect gold prices to continue to rise in the coming months as the market reacts to macro drivers, geopolitical events and the Fed’s interest rate policy.
[Secondly, considering that gold is a hard currency and has a safe-haven function, investors are more willing to buy gold under the premise of an unstable global political landscape because it carries little risk.
Third, the weakening of the US dollar is the traditional driving force for gold’s rise, and this momentum does not seem to slow down. Under the premise of the recent weakening of the US dollar exchange rate and the premise of the Federal Reserve’s interest rate cut, the trend of gold’s continued rise is inevitable.
In summary,
if you are involved in physical gold trading (such as gold jewelry bars and other physical gold), you can continue to hold it. Those who do not hold it can buy a small amount. However, if you are engaged in online gold trading, you may face a big profit opportunity in the future! Because online gold, whether the gold price rises or falls, as long as there is fluctuation, there will be profits! At the same time, I will tell you an insider news. Last Friday, I personally made a profit of more than 50L in gold trading, and my trading team made a profit of more than 10CR in this transaction.
