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The price of gold has risen. Some citizens sold 22 kilograms of gold to cash out. Is it appropriate to sell gold now?

The price of gold is rising. Some citizens sold 22 kilograms of gold to cash out. Is it appropriate to sell gold now? If gold is regarded as a means of short-term profit, it should be said that after the skyrocketing price in the past few months, it is now ready to be harvested. Whether it is physical gold or paper gold, the recent profits have been good, so you can settle down! The future trend is not very clear. The U.S. election is about to be announced, and it is unknown who will win. But once it is announced, the tense trend should soon become clear, and a war will not happen. Gold, which has surged in the early stage, may fall back for a period of time. Take the first move early next year. Taking it back again is also consistent with short-term arbitrage behavior. Of course, in the long run, the function of gold's value preservation and appreciation is very good. It is not recommended to buy gold now. After all, it is at a high level. If you are optimistic about this and have gold products on hand, you can continue to hold them to achieve the goal of preservation and appreciation. Target. The world economy continues to develop, and economies led by the United States continue to implement monetary easing policies. In other words, currency depreciation, so it is still good to hold gold. There may be ups and downs in the process, and you must be mentally prepared for this if you hold gold for a long time.

I don’t know if my friend’s gold buying and selling is short-term arbitrage or risk hedging, or is it buying and selling jewelry? If it is short-term arbitrage, if you make money, you can sell it. Because the long-term trend of gold is the sharp rise in July and August. If you don’t believe it, look at the gold curve over the years. That's been it for as long as I've cared about gold, anyway. If you are short-term, wait until the end of the year to buy, and sell in July or August. Buying gold jewelry is also on New Year's Day every year, and the Spring Festival is the most cost-effective because prices are generally lowest during this time. If you are a long-term hedging investor, don’t worry about short-term fluctuations. Just buy it after three to five years, six or seven years and sell it in ten years. I believe you will get a good deal by then. After all, the aunts who were trapped in gold speculation back then not only got rid of their traps, but also made money. So I would like to conclude that now is the time to sell gold, not the time to buy gold. Of course, if you are doing spot gold futures, you can do it almost every day, because you can do both long and short positions, just choose a trend to enter. If anyone remembers my previous answer, they should know that if gold T+D falls below the weekly target of 412 yuan, it can no longer be held and must be changed to a short position. Therefore, those who buy gold must be patient and wait until it bottoms out and rebounds, not now.