Zhou Jinjin trend forecast: the latest trend analysis and future direction prospects
As an important risk shellfish asset, gold has always attracted much attention.This article will analyze Zhou Jinjin's trend and look forward to the possible development direction in the future.
Market review
Recently, global economic uncertainty has increased, and geopolitical tensions have been upgraded, which has promoted investors' demand for safe -haven assets.As a result, the price of gold has risen.Especially under factors such as weak economic data, continuous trade war, and tight situation in the Middle East, gold prices once broke through the US dollar mark per ounce.
Technical analysis
From a technical point of view, in the past few weeks, the price of gold has shown a significant upward trend.The MACD indicator shows a strong bull signal, and the moving average system also shows a long arrangement.However, it is necessary to notice that the situation of over buying may cause price callback or vibration sorting.
Fundamental analysis
In terms of fundamental terms, the slowdown in global economic growth, the continuous trade war, and the geopolitical risks still support investors' demand for safe -haven assets.In addition, after the Fed announced the suspension of interest rate hikes and considered the interest rate cut, the market's expected interest rate environment will be more loose and boosted the price of gold.
Future Outlook
1. In the short term: Considering that the current market emotions are more pessimistic and technical indicators are too much, gold may further rise to the level of USD/ounce.
2. Middle and long -term: With the changes in the global economic situation and the fermentation of various risk events, there is still room for further increase in gold, which may break through the US dollar/ounce.
Overall, as the uncertain factors increase and the relaxation attitude of monetary policy continues, gold still has good opportunities for risk shelling tools.
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