Prospects For Gold Market: Trap In Post Crisis Era
The gold market continued last week.
Shock
Uplink is expected to continue this week.
Shock
Upward test of historical highs does not exclude the possibility of breaking the record high in the short term.
On the whole, the gold market in the future will continue to expand at a high level, and it is expected that the top construction will be completed at the end of the year, and it will begin to fall into a round down stage.
In view of the future global
deflation
The risk of gold will become more and more serious as a traditional hedging tool.
We have always maintained that the continued trend of gold market will become another huge trap in the post crisis era. Gold prices, which are seriously overvalued against the US dollar, are expected to usher in a major pullback arrangement from the end of this year to next year.
On the operation, it is expected that the market will probably have a short-term profit of 200 to 300 points this week, but we will remain on the sidelines this week and plan to close down next week when the gold market reaches a record high.
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