Trader: Gold bulls finally enter the market

According to Jinshi Data on August 17, Tai Wong, an independent metal trader in New York, said: After two weeks of violent fluctuations, gold prices soared to a record high, breaking through the $2,500 mark, as the bulls finally showed their willingness. Now, attention will turn to the Jackson Hole Annual Meeting and Fed Chairman Powells speech a week later to provide a more detailed outlook on the form of the upcoming rate cut.

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