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Gold $XAU , do you dare to bottom-fish? The central bank is buying the dip, while retail investors are panicking.
China’s central bank has been net buying gold for 20 consecutive months, and the June add-on amount is still substantial. Poland, India, Turkey—central banks across all emerging markets worldwide are doing the same thing: buying gold and selling U.S. Treasuries.
Global central banks’ annualized net gold purchases exceed a thousand tons. Before 2020, this figure was only 300-400 tons. Central banks are using true gold and silver to tell you: you can’t trust fiat currency—gold is the real father!
Enter long at 4100 for a target of 4180. If there’s a volume surge and it breaks above 4200 and holds steady, add more with targets of 4300+! #CLARITY法案进入最后关键阶段