The analysis pointed out that the main driving force of the previous gold bull market was the continued weakening of the US dollar, which also contributed to the European debt crisis and the downward revision of the US sovereign credit rating outlook. With the recovery of the American economy after the financial crisis and the gradual reduction of the debt scale of developed countries, the large-scale monetary easing policy like that in the past few years will gradually weaken, which will greatly suppress the price of gold.
Regarding the future trend of gold, Zhang Lei said that at present, gold will continue to digest the kinetic energy of shorting, and the price of gold will continue to fluctuate downward after the high of 1920 USD. Although in some countries, such as China, the price of gold rebounded after the madness of buying in kind ended, some bullish factors did not appear in a short time. However, the strength of the US dollar index and European and American stock markets has adversely affected the gold market, which will lead to the continued decline of gold prices.
For the "Chinese aunt" who has been locked up, Zhang Lei suggested, "Don't have the idea of sharing the cost any more. Generally, domestic investors like to buy some when the quilt cover is high and the price falls, so as to spread the cost. However, in the gold market, we can no longer use the operating ideas of stocks, otherwise the possibility of losses will be even greater. "
Zhang Lei said that the fluctuation of gold price will not have a significant impact on the consumer demand for buying gold ornaments and necklaces. For medium and long-term investors, investing in gold is to resist the risk of future uncertainty, and it is not necessary to pay attention to the short-term fluctuations of gold prices.
However, for people with short-term investment needs, the price of gold will have downside risks in the short term, so it is suggested to control the risks of products seen by many opponents as soon as possible. At the same time, due to the high handling cost, investors are advised not to operate too frequently.
In addition, market analysts believe that gold has the function of hedging, but the function of hedging does not mean that the price of gold will only rise but not fall, or it will inevitably fall in the short term and will inevitably rise in the long term. Against the background of the strong dollar and the short-selling psychology of international institutions, it is more likely that the price of gold will fall again. Ordinary investors are not advised to hold large amounts of spot gold for a long time. Investors are advised to pay close attention to the dynamic trend of the Federal Reserve's withdrawal from quantitative easing policy and grasp the basic basis of the trend of gold, namely, "weak dollar, strong gold; Strong dollar, weak gold. "