Macro + Liquidity Combined Trading Model


Why does gold rise while crude oil and the US dollar index fall?
Gold looks at interest rates, the direction depends on the dollar, sentiment is influenced by US stocks, and demand is driven by crude oil!

Earlier, it was mostly dominated by interest rates and sudden risk events; when the dollar raises interest rates, gold prices fall; when the dollar lowers interest rates, gold prices rise. In recent years, it has increasingly reflected the global shake in confidence in the dollar and the long-term trend of diversification in the reserve system.

It should be noted that the data comes from the international gold price (COMEX). The domestic gold price trend in RMB is basically consistent with the international market but is affected by the RMB to USD exchange rate. #美元指数 #宏观经济 #交易系统 #外汇黄金 #外汇原油
GLDX0.31%
PAXG0.35%
XAU0.37%
View Original
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned