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Until this Monday At that time, there were still many bullish voices in the market, stating that gold would rise or even rise. At that time, I was not sure what the reasons were for being bullish on gold. Some would say it was Ukraine, while others said that India would relax its import of gold. Limitation, the most ridiculous thing is
Some people say that they are bullish on the technical side. Anyone with common sense knows that the technical picture before the rise is not completely bearish, but there is absolutely no reason to be bullish from the technical picture. Shandong Qingdao International Non-ferrous Precious Metals Triangle Organizes and Selects the Direction, and the line has been raised several times
The flagpole is relatively bearish.
As for the political situation in Ukraine that will cause risk aversion to rise and lead to a rise, we must learn to analyze the fundamentals reasonably. After the split of Crimea, Russia has withdrawn its troops, and the EU has restarted the roundtable on Ukraine. Ukraine Preparing to deliver natural gas payments to Russia, the above three points have basically explained that the Ukrainian incident has eased, or that Ukraine has lost the reason to continue to speculate.
The author has already mentioned this in the previous analysis. The reliance on India to relax gold import restrictions is also a fantasy. It does not mean that India will not relax it, but if India does relax it, it will have a relatively small impact on the electronic spot gold market in a short period of time.
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