Gold $XAU says something—what I mean is, it got hammered down to the lowest level because of the interest-rate-hike probability, with the number starting “42…” On Friday it already bounced back to 4390, and there’s a pretty good chance that by the end of the year it will still trend upward.
So you’ve got to say, “end of year”? That’s nonsense—at year-end, they increase by 25 basis points to start with. Maybe even 50—how could that be possible?
Whether it’s +25 or +50, as long as the expectations before the hike stay stable, then it won’t be the kind of scary, unpredictable surprise factor anymore. And for example, Goldman Sachs’ year-end target still looks like 4900, and there are also international investment banks giving year-end targets as high as 5000.
Also, one more thing: if you’re buying gold—or you don’t want to buy gold, that’s fine. Central banks around the world are buying. The central bank—our mom—has been buying for 22 straight months.
And later, the single purchase amounts have been getting larger. The expectation for rate hikes has already been priced in to 90%. Once it’s confirmed that they will indeed hike—buy the expectation and sell the actual news—then it’s basically like the shorts/longs that were liquidated earlier are cleared out at this time point.
Goldman Sachs’ strategy: they previously said that right before the policy decision meeting, under the maximum uncertainty, the downside could be driven to the 4000s, around the low-4000s.
Then they keep a year-end target of 4900, and the target stays the same, right? #美国10年期国债收益率逼近5%
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So you’ve got to say, “end of year”? That’s nonsense—at year-end, they increase by 25 basis points to start with. Maybe even 50—how could that be possible?
Whether it’s +25 or +50, as long as the expectations before the hike stay stable, then it won’t be the kind of scary, unpredictable surprise factor anymore. And for example, Goldman Sachs’ year-end target still looks like 4900, and there are also international investment banks giving year-end targets as high as 5000.
Also, one more thing: if you’re buying gold—or you don’t want to buy gold, that’s fine. Central banks around the world are buying. The central bank—our mom—has been buying for 22 straight months.
And later, the single purchase amounts have been getting larger. The expectation for rate hikes has already been priced in to 90%. Once it’s confirmed that they will indeed hike—buy the expectation and sell the actual news—then it’s basically like the shorts/longs that were liquidated earlier are cleared out at this time point.
Goldman Sachs’ strategy: they previously said that right before the policy decision meeting, under the maximum uncertainty, the downside could be driven to the 4000s, around the low-4000s.
Then they keep a year-end target of 4900, and the target stays the same, right? #美国10年期国债收益率逼近5%
A way to save on trading fees!
Why bind an invitation code? It’s simple—save money long-term.
Binance Wallet invitation code: 4040U. After binding, fees get reduced by 30%, or 点击这里一键绑定
