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Gold is stuck at high levels and not moving, just waiting for a new signal📊
After gold prices surged and then pulled back, they’re currently hovering around 4790. The market is now all watching to see whether the conflict will ease, and the volatility of gold ETFs is also gradually getting smaller, while the risk-off demand and interest is slowly cooling. Institutions also have differing views:
• Some believe that as long as oil prices return to a normal level of $80-85, gold prices can quickly surge back above 5000, and the year-end target remains unchanged at 4750-5500.
• Others point out that if ceasefire talks fall apart, gold prices in the short term may still face downward pressure.
As for silver, although it has been in short supply, in the next few years it will most likely just keep getting juggled within the $50-100 range, making it hard to see a clear one-way big move. Right now, the market is waiting for a new piece of news that can break the deadlock.#现货黄金 #黄金