On the eve of the election, Goldman Sachs suddenly made significant adjustments to the "long gold" trade.
Goldman Sachs believes: Without exaggeration, "everyone we've spoken to is long gold," so they have reduced their gold positions to lower risk, "leaning towards holding long positions through options, this way there's enough ammunition to buy on dips."
How to trade gold this week? JPMorgan: No matter who wins, if the gold price pulls back, it's a buying opportunity.
JPMorgan believes that in the long term, gold continues to benefit from the Fed's rate-cutting cycle, central bank purchases, and the global trend of currency devaluation.
Weekend Reading | Gold price hits a new high again! Why are young people not buying gold bracelets, but turning to gold ETFs instead?
Currently, the gold price is inflated, and a pullback is only a matter of time. The period from the end of the year to the beginning of 2025 may be a good time to buy gold.
JPMorgan: If Trump wins, bitcoin and gold are expected to rise further
Retail investors are flocking into bitcoin and gold etf in large numbers before the election. Jpmorgan believes that in the event of Trump's victory, both may have greater upside potential.
Iran is preparing to launch a large-scale retaliatory strike against Israel "in the coming days"!
Israeli officials revealed that a large-scale retaliation by Iran may occur before the USA election day, and Iran's response will be unimaginable for Israel.
What happened? Gold 'frightened' and broke through the 2750 barrier!
The latest data has not confirmed that the anti-inflation struggle has ended, and some analysts are worried that the Federal Reserve will press the pause button after cutting interest rates by 25 basis points next week. Nevertheless, is gold just experiencing a technical adjustment?