Analysis of international gold price trend and future trend forecast that day

Analysis of international gold price trend and future trend forecast

Recently, international gold prices have shown certain volatility and are affected by many factors.This article will analyze the trend of international gold prices on the day and try to predict future trends.

The impact of global economic situation on gold prices

The global economic situation is one of the important factors affecting the fluctuation of international gold prices.At present, major global economies are generally facing uncertainty and challenges, and factors such as trade friction and geopolitical tensions all affect market emotions to a certain extent.This uncertainty often leads to investors seeking hedging assets. Among them, gold is one of the traditional risk aversion tools, and in this case, it is usually favored.

The relationship between US dollar exchange rate and gold price

The US dollar exchange rate is another key factor that directly affects gold price fluctuations.Because gold pricing is usually denominated in the US dollar, the change in exchange rates in the US dollar directly affects the cost of purchasing gold in other currencies.When the US dollar strengthens, the cost required for other currencies to purchase the same amount of gold will increase; on the contrary, if the US dollar is weak, the purchase cost may be reduced.

Geopolical risk and market emotions

Geopolical risks are also one of the important reasons for investors to seek insurance assets and promote the rise in gold prices.Recently, the situation in the Middle East is tight and the continuous trade war can cause market panic, and it has increased the expectations of the demand for safe -haven assets.These incidents often cause investors to turn to safe ports -that is, gold.

Technical analysis and future trend forecast

From a technical point of view, in the past few trading days, the international GOLD price has shown a shocking decline, and there are large pressure areas in the short term; however, from a long -term perspective, it is still in the bull market.

Based on the above analysis and data display, it can be known that in the future, GOLD will enter a stage of adjustment, but the overall is still a bull market market

Summary: Suggestion operation direction:

1. Pin pound: Fall to-do more

2. Meidun people: fall to-do more

The future trend:

At present, the latest GOLD has bottomed out and has signs of stopping. It is recommended that you participate in moderation.

Over time and the announcement of various information will enter a more clear direction.

Conclusion

The above is a summary and outlook on the analysis of the international GOLD price trend and future trend forecasts.

Note: There are risks in any investment, please be careful according to your own strength!