The pressing question the market is currently concerned with is whether gold prices can rebound. Huaxia Fund analysis suggests that gold, viewed as a safe-haven asset, has been in continuous decline since March because gold's safe-haven characteristics are manifested in U.S. dollar credit collapse and runaway inflation, rather than liquidity drying up and deflationary risks. The current market is worried about marginal deterioration in liquidity, while the impact from geopolitical conflicts has clearly weakened.
The institution believes that the tight monetary impact on gold is more temporary in nature, and the long-term logic such as geopolitical conflicts and central bank gold purchases remain unshaken or unreversed. Gold's medium to long-term upward momentum continues, but in the short term it still needs to wait for risk release. Facing market panic sentiment, institutions still maintain that short-term pain cannot obscure gold's long-term allocation value.
UBS Wealth Management believes that geopolitical uncertainty, continuous central bank buying, and safe-haven demand will continue to support gold prices. Recent gold price adjustments are consistent with the initial performance of past geopolitical crises. As risks persist and real interest rates decline, gold is expected to reach new highs this year.
Yuekaisheng Securities Chief Economist Luo Zhiheng points out that the current sharp decline in gold is not a signal of bull market termination, but rather a deep pullback in an uptrend. In the long term, normalized global geopolitical risks, robust gold purchasing demand from non-U.S. central banks, and risks of global economy shifting from "inflation" to "stagflation" will all provide solid support for gold prices.
However, for investors eager to "catch the falling knife," institutions have generally offered cautious advice.
"Technical analysis indicates that gold prices have significantly broken through the 60-day moving average, a key support level, suggesting downside space may be further unlocked."
The aforementioned trader advised that given that unfavorable factors such as Federal Reserve monetary policy and U.S. dollar trends are still developing, the short-term downtrend has not ended. Ordinary investors should avoid blindly catching falling knives during downtrends. Instead, they can wait for gold prices to consolidate and stabilize in the @E1@4400-4600 USD/ounce range, then deploy positions in batches for medium to long-term holding.
#创作者冲榜 Can Gold Price Recover?
The pressing question the market is currently concerned with is whether gold prices can rebound. Huaxia Fund analysis suggests that gold, viewed as a safe-haven asset, has been in continuous decline since March because gold's safe-haven characteristics are manifested in U.S. dollar credit collapse and runaway inflation, rather than liquidity drying up and deflationary risks. The current market is worried about marginal deterioration in liquidity, while the impact from geopolitical conflicts has clearly weakened.
The institution believes that the tight monetary impact on gold is more temporary in nature, and the long-term logic such as geopolitical conflicts and central bank gold purchases remain unshaken or unreversed. Gold's medium to long-term upward momentum continues, but in the short term it still needs to wait for risk release. Facing market panic sentiment, institutions still maintain that short-term pain cannot obscure gold's long-term allocation value.
UBS Wealth Management believes that geopolitical uncertainty, continuous central bank buying, and safe-haven demand will continue to support gold prices. Recent gold price adjustments are consistent with the initial performance of past geopolitical crises. As risks persist and real interest rates decline, gold is expected to reach new highs this year.
Yuekaisheng Securities Chief Economist Luo Zhiheng points out that the current sharp decline in gold is not a signal of bull market termination, but rather a deep pullback in an uptrend. In the long term, normalized global geopolitical risks, robust gold purchasing demand from non-U.S. central banks, and risks of global economy shifting from "inflation" to "stagflation" will all provide solid support for gold prices.
However, for investors eager to "catch the falling knife," institutions have generally offered cautious advice.
"Technical analysis indicates that gold prices have significantly broken through the 60-day moving average, a key support level, suggesting downside space may be further unlocked."
The aforementioned trader advised that given that unfavorable factors such as Federal Reserve monetary policy and U.S. dollar trends are still developing, the short-term downtrend has not ended. Ordinary investors should avoid blindly catching falling knives during downtrends. Instead, they can wait for gold prices to consolidate and stabilize in the @E1@4400-4600 USD/ounce range, then deploy positions in batches for medium to long-term holding.