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Recently, the international gold price The rollercoaster trend makes people confused. Why hasn’t gold risen since Trump was elected president? There are many explanations. Technical analyst hm believes that the graphics speak for themselves. From a technical perspective, gold prices are still overvalued.
According to previous reports from Hexun.com, the U.S. stock market has plummeted since the previous trading day due to the unexpected election of Trump(m). However, as the market accepted the election of this real estate tycoon with no experience in governing, some investors even believed that Trump's policies will be more conducive to economic growth than Hillary's policies, and the U.S. stock market rebounded strongly from the decline. The U.S. dollar index rose to a two-week high in the short term and is now trading near. In contrast, as the U.S. market reacted positively to Trump's victory, spot gold only stayed above the mark for less than an hour and now fell below the mark to trade at .USD/oz.
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