LMT
Traded Value$Pro Ultr GLD(UGL.US)The future path of gold is more likely to be a complex dynamic rather than a simple one-way movement:
One scenario is that long-term structural buying (such as central bank purchases) and safe-haven demand provide a floor for prices, pushing gold to maintain an upward trend amid fluctuations.
Another scenario is that changes in short-term interest rate expectations, a stronger US dollar, or a rebound in risk appetite may continuously trigger profit-taking and technical selling, leading to significant price corrections.
Overall, the long-term outlook remains bullish!
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
