Jiangxi Xinlongda Commodity Trading Center

Jiangxi Xinlongda Bulk Commodity Trading Center investment hotline real-time market analysis of all
Markets are broken through professional investment solutions, accurate online orders, sincerely recruiting personal agency agents
ddd -rd/ --- -d:->
Intensifying risks of economic recession may prompt central banks to take action. After the announcement of Brexit, central banks around the world, including the Bank of England and the Federal Reserve, have issued statements promising to provide more market liquidity. At the same time, it is expected that the possibility of the European Central Bank further cutting interest rates will increase, while the probability of the Federal Reserve raising interest rates will further decrease. The central bank may also continue to cut interest rates due to intervention in the market to boost the economy. The world has entered the helicopter money mode, and gold will continue to be supported.
ddd -rd/ ----d
ddd -rd/ ----dHistoric moment! On Friday (Monday), the UK voted successfully to leave the EU in the referendum and the UK will withdraw from the EU that it has been a member of for years! The Brexit camp has always had the upper hand in this referendum, and risk aversion has helped gold prices soar. However, after the sharp rise, some bulls took profits and gold prices fell back to around the US dollar. After the referendum, retail investors and professionals are unanimously bullish on gold next week. In the long run, gold will also be supported by positive factors.
ddd -rd/ ----d
ddd -rd/ ----dWhat caused the sharp rise in gold?
ddd -rd/ ----d
ddd -rd/ ----d Regarding the sharp rise in gold prices that day, Boshi Fund pointed out that taking into account the attacks on British MPs before the referendum and several democratic protests, The results of the poll all imply that the cost of Brexit is not high. The market is unanimously betting that the Brexit referendum will end in failure. Both the exchange rate market and the gold market have accumulated a large number of positions. Even on Thursday, the gold price performance was still weak and refreshed the recent record. Adjust lows. Therefore, the stop-loss buying triggered by the unexpected reversal in the referendum process on Friday continued to accumulate in a snowballing manner and ultimately contributed to the crazy surge in the gold market.
ddd -rd/ ----d
ddd -rd/ ----d Gold has always moved with the trend of market fear and uncertainty, which was well proven by this referendum. Specifically before the referendum polls started showing the pro-Remain camp leading which caused gold prices to start to slide. When the referendum results began to be announced, expectations were shattered and panic and uncertainty surged, helping gold prices rebound.
ddd -rd/ ----d
ddd -rd/ ----d The medium-term trend of gold after Brexit is bullish
ddd -rd/ ----d
ddd -rd/ ----d In fact, the precious metals market currently focuses too much attention on short-term events and trends in transactions and ignores the medium-term prospects of international gold prices and the macro factors that affect the medium-term trend of gold prices. The most important of these factors is the Fed's rate hike process. The Brexit referendum will inevitably have an impact on the Fed's interest rate hike process. Against the background of greater downward risks in the European and global economies, it has become a luxury for the Fed to raise interest rates within the year. There will also be a need for a correction after the U.S. dollar index rises sharply. These are all Conducive to rising gold prices. The future rise in gold prices will be supported by more factors.
ddd -rd/ ----d
ddd -rd/ ----d It is expected that the further rise of gold may not only directly benefit from the uncertainty of the situation directly caused by Brexit. The performance of other markets, including stock and currency markets, will also have a direct impact on the outlook for the gold market.
ddd -rd/ ----d
ddd -rd/ ----d In addition, in view of the trauma caused by Brexit to the EU, the EU may adopt trade barriers to severely punish the UK, causing its trade to be hindered and the economy The setback has dragged down global economic growth to a certain extent and further slowed down the pace of global economic recovery. A series of chain reactions unanimously indicate that gold may become the best safe-haven asset in the future, so gold prices are expected to receive further support.
ddd -rd/ ----d
ddd -rd/ ----d Well-known authorities discuss gold
ddd -rd/ ----d
ddd - rd/----D CEO Dd said the market's fearful reaction made the Brexit referendum the most nervous event investors have seen since the collapse of Lehman Brothers in 2008. Brexit will have a huge negative impact on the world, so the price of gold will continue to rise due to Brexit and the negative impact it will cause on the global economy.
ddd -rd/ ----d
ddd -rd/ ----d Author of Gold Value Watch d says Brexit is a once-in-a-lifetime event All advice against holding gold It expects gold prices to continue climbing to $/oz and even eventually to $/oz next year.
ddd -rd/ ----d
ddd -rd/ ----d At the same time, the chief market analyst said that if other EU countries are encouraged by Brexit to hold Brexit, After the referendum, the situation in Europe will become even worse. Therefore, it expects gold prices to continue to rise and to reach USD/oz by the end of the year.
ddd -rd/ ----d
ddd -rd/ ----dAfter the announcement of the Brexit result, Scotland’s First Minister and National Party leader Sturgeon expressed Scotland’s wishes based on the current situation. Neglected and forced to leave the EU, Sturgeon said that if Parliament believes a second independence referendum is the best way for Scotland to remain in Europe, it must be held before the end of Brexit negotiations, so it will prepare the legal process for a new independence referendum. This has led to the possibility of Scottish independence rising again, which will undoubtedly lead to major changes in the international situation in Europe and increase market uncertainty.
ddd -rd/ ----d
ddd -rd/ ----d's market analyst d said that Brexit is a global monetary event that will be destructive to every economy. Influence. This may lead to countries around the world competing to devalue their currencies in the short term, not excluding the United States. Gold will survive the depreciation of all currencies. In the long run, gold will not only benefit from being a safe-haven asset, but will also benefit from preventing currency depreciation.
ddd -rd/ ----d
ddd -rd/ ----dConclusion
ddd -rd/ ----d
ddd -rd/ -- --d Increased risks of economic recession may prompt central banks to take action. After the announcement of Brexit, central banks around the world, including the Bank of England and the Federal Reserve, have issued statements promising to provide more market liquidity. At the same time, it is expected that the possibility of the European Central Bank further cutting interest rates will increase, while the probability of the Federal Reserve raising interest rates will further decrease. The central bank may also continue to cut interest rates due to intervention in the market to boost the economy. The world has entered the helicopter money mode, and gold will continue to be supported.