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The financial system collapses, gold is far from reaching its peak
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Official Website]: The financial system collapses, and gold is far from reaching its peak." Hope it will be helpful to you! The original content is as follows:
After a strong surge for many days, the gold price finally retreated and adjusted yesterday, and the overall international gold price fell by more than 70 points. Could it be that it really peaked this time? The rebound of the night and recovered most of the lost ground and stayed at a high position. This is not a sign of peaking!
As mentioned in yesterday's article, the phased rise may be just a driving force for risk aversion, but the sustained rise is not just an emotional impact, but the market's sense of trust in the original financial system is declining. Strictly speaking, it is the gradual collapse of the original financial system. The higher the market panic, the higher the gold price.
The main reason why the original financial system faced challenges and distrust was Trump's series of operations.
Let’s look at its existing staff team, isn’t it difficult to find a xm-links.common point?
Among them, Health Secretary Kennedy Jr. is a well-known anti-vaccine activist. The Minister of Health opposes vaccination. How funny is this? His appointment was boycotted by 77 Nobel Prize winners.
The measles epidemic in the United States has spread, and the situation in Texas is even worse. So far, there have been three deaths from measles, becoming a case of death from measles in the United States in the past decade.
This is just one of the states. According to Reuters, the measles outbreak has occurred in many states in the United States this year and has now spread to 22 states.
After familiar with the situation, the Minister of Health immediately changed his words that the vaccine is useful and called for the appropriate population to receive relevant vaccines. The slap in the face came so quickly.
Defense Minister Hegsey, formerly a news host, has also been in the armyHe has served, but the highest title is just a lieutenant colonel. xm-links.compared with the previous defense secretary, most of them are retired four-star generals and higher-level personnel from the US military.
A person with low qualifications, low military rank and lack of experience is almost at a loss as the leader of the world's most xm-links.complex and huge military organization.
xm-links.commerce Secretary Lutnik, a veteran financial figure, real estate tycoon, 911 survivor, met Trump at a charity event in New York thirty years ago, and this man was one of Trump's biggest funders.
In addition, there are the Minister of Agriculture, Finance, Attorney General, and Deputy Vance. One of the xm-links.common reasons why these people can become members of Trump's aides is that they are full supporters during the campaign. It doesn't matter whether their professionalism or ability is important. In addition, the past personal relationship has formed the team we see now.
In the subsequent trade issues, economic policies, etc., all of these people supported Trump's propositions. No matter what words or policies are, they were all very supportive. Under such xm-links.compliments, will Trump lose himself?
Will a person only hear what he likes in a single environment cause cognitive bias? The answer is yes, and this is how the information cocoon is formed.
Since the launch of the tariff war, orders have changed every day, and Trump has always changed this point. The person with the most say in the world seems to be joking about serious national policies? This will not only reduce prestige, but also reduce the original trust.
The US stock market plummeted, the US dollar plummeted, and the US bonds were sold off, which is the best proof because capital will not lie.
Today is no longer the same as before. Our share of trade with the United States has gradually decreased to a controllable range in recent years. Faced with the rude tariff war (or the next incident against us), we can still deal with it freely. Those who stick to the end will surely be victorious. On the other hand, Trump has been increasing internally and externally. You are the one who initiates the tariffs in the end, and you may be the one who concessions.
The above is my simple view of the current situation, or it may be of some help to our participation in market transactions. If you have different opinions, please leave a message to correct it and learn from each other to improve it.
Let's talk about gold again. The current tariff problem has not eased, and the market panic is difficult to eliminate. Being bullish on lows is still an effective trading idea. Yesterday, the international gold price fell from high pressure, with an overall decline of more than 70 points, but it rose strongly in the next night and recovered. The final price closed at a high level, which was technically strong.
Keep above the 3300 mark, and further increase targets are taken to see the 3370-3380 area. As for whether to rise first or fall back before rise, we are waiting for the weekend to see if there is any risky event. If so, there is a high possibility of rise first. After all, the price closed higher yesterday. The recent market trend has been relatively large, The impact of fundamentals cannot be ignored. If there is any change, we will issue prompts in time, and everyone remember to pay attention.
(The above sharing is purely personal opinion and does not constitute practical operation suggestions. Financial management is risky, and you must bear the profit and loss at your own risk)
The above content is all about "[XM Foreign Exchange Official Website]: The financial system collapses, gold is far from peaking". It was carefully xm-links.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your transactions! Thanks for the support!
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