The current round of the gold rally is not over yet, but volatility may increase significantly.
The world’s largest gold ETF added nearly 10 tons in a single day, which shows that institutional funds are flowing back in.
On top of that, central banks in various countries continue to manage gold reserves, so demand for gold allocations still exists.
However, the faster it rises, the greater the risk of a pullback.
Hedging by options market makers may amplify the move: buying more as it rises, and accelerating selling as it falls.
So next, gold $XAU may not rise slowly, but instead rise more sharply when it goes up and fall faster when it drops.#黄金4000
So if you’re chasing long positions, be sure to pay attention to risk and widen your stop-loss/liquidation range a bit
The world’s largest gold ETF added nearly 10 tons in a single day, which shows that institutional funds are flowing back in.
On top of that, central banks in various countries continue to manage gold reserves, so demand for gold allocations still exists.
However, the faster it rises, the greater the risk of a pullback.
Hedging by options market makers may amplify the move: buying more as it rises, and accelerating selling as it falls.
So next, gold $XAU may not rise slowly, but instead rise more sharply when it goes up and fall faster when it drops.#黄金4000
So if you’re chasing long positions, be sure to pay attention to risk and widen your stop-loss/liquidation range a bit