Comex Trading Picks
✍️ Analyze more about GOLD in paid group only:
At first, many people feared the J. Biden Administration's 1,900B stimulus plan and were interested in Fed Chairman Jerome Powell's statement yesterday, but you can see it. The statement about the stance keeping interest rates, the very peaceful policy as well as the stimulus plan has been in place for a long time and almost unchanged after many statements since last year. If there was something sudden, it would have reflected on the price line of the first statements, so in my opinion, this news is nothing too outstanding and unexpected.
- Second, we can see many places interested in funds holding the largest amount of gold in the world ETF-SPDR Gold Trust holding down ??? tons and buy increases ??? ton. Whether we know in advance the fund they buy or sell or it is only when the fund they sell or buy will we get a grasp, so we cannot judge the Gold trend with this news.
👉 In my opinion, if we analyze us if we pay attention to the recent economic data, the number of unemployed and ignoring the old news is repeated many times because this news is important but will It is no longer a surprise to investors, so their volatility causes the market not much at present.
- Going back to the recent US economic data, we can see that it is impossible for the US or global economy to recover in 1-2 years, let alone a few. However, if compared with the epidemic peak, we also have to admit that other countries or ourselves have gradually become accustomed to translation and practice living together. Economic activities have been forced to reactivate since then the economic data started to outperform the epidemic peak. If in my opinion, the economic data of other countries, not just each country, will have positive data gradually. Specifically, the USD, in my opinion, will also increase in the coming time and the possibility of growth of gold precious metals in the coming time is difficult and I am inclined to sell down as I mentioned in August 2020.
- In today at tonight, the United States will announce the adjusted value of the annual real GDP ratio for the fourth quarter, which is expected to be adjusted up to 4.2%. Also announced at as the monthly rate of US durable orders for January is expected to hit a record 1.1% which will put downward pressure on gold and Let's maintain the strategy as mentioned in the group.
Go with best comex trading signals providers Money Life Research.
No comments:
Post a Comment