Fund Hedging into Gold?

FX:XAUUSD   Gold Spot / U.S. Dollar
Due to unstable market sentiment, Gold is rising as the risk is lesser comparing other investment tools.
A 'W' bottom was formed and the rally continues, if the rally continues and breaks 1900, it will bring up the sentiment in the Gold-related stock.
NICE, POHKONG , and TOMEI show a good entry price after a retracement from previous rally.

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