GoldTrader141

US real interest rate fell benefit gold

Long
GoldTrader141 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold ETF positions have recorded growth for 15 consecutive days, setting the longest consecutive rise since October last year, indicating that bulls are still strongly willing to bullish gold. Driven by trend-buying and investors preparing for a potential fall in the stock market, gold prices are expected to rise above $ 1600 in the next three months.

In early February, the US real interest rate fell below zero and entered a negative range.I believes this is just the beginning. This indicates that gold prices will rise in the long run.
Comment:
Take some profits , current price 1580
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