Gold prices continue to rise, and investors are optimistic
With the increase in global economic uncertainty, gold as a shellfish asset is favored by investors.Recently, the continued rising trend of gold prices has aroused widespread market attention.Investors have also become optimistic.
The impact of global economic situation on gold prices
The global economy is facing many challenges, including factors such as trade friction and geopolitical tensions leading to increasing market risks.In this context, investors have turned their attention to risk aversion assets, of which gold is considered one of the safest and stable choices.
Supply and demand relationship Promote the rise in gold prices
In addition to the demand for risk aversion, the supply and demand relationship is also an important factor in promoting the rise in gold prices.Recently, under the circumstances of some major production countries and increased production costs, the market is increasingly concerned about the future gold supply in the future.
The weakening of the dollar has driven the gold price performance
As the world's reserve currency, the US dollar occupies an important position in international trade.Weaken in the US dollar usually leads to a relatively appreciation of other currencies, and then boosted commodity prices, including gold.Therefore, in a soft environment in the US dollar, investors are more inclined to buy and hold more gold.
Technical analysis shows that the bullish signal is obvious
From the technical analysis, multiple support and breakthrough points have appeared in the past few months, and the transaction volume has also shown a growth trend.These are regarded as obvious bullish signals and attract more investors to enter the market to participate in transactions.
Conclusion: Looking forward to future gold still has better performance space
