Let's talk about one of the strongest markets recently, gold
Short-term (1-3 months): Strong volatility GVZ has recently rebounded, indicating that the market expects gold volatility to increase in the next 30 days.
It is related to the uncertainty of the Fed's interest rate policy, inflation data, or the global macroeconomic environment.
If GVZ continues to rise, gold prices may fluctuate violently, and there may be a risk of a short-term high and fall.
However, the scale of the retracement is not large. If it stabilizes after the retracement, it will be a good buying opportunity
Medium-term (3-6 months): Pay attention to the Fed's policy and inflation
If the Fed confirms a rate cut, the decline in real interest rates will be good for gold
If inflation data exceeds expectations, gold may become a hedging tool, further pushing up gold prices. Coupled with the strong trend of gold on the weekly and monthly lines, the medium and long-term outlook remains bullish
