Who will shine in 2023 among the global asset classes?The answer is "** is the only one!".In the past year, the roller coaster full of excitement has been a wave of endless wavesAt the end of the stage, the "rising voice" pattern was simply triggered, and during the period, it hit the highest in history, and the overall pattern was far ahead of other markets!Next, Lingfeng Global will sort out the trend of **this year** for you.
Lingfeng Global MT5-**2023** trend daily chart.
Looking at the fluctuation trajectory of the whole year, first of all, we will carefully study two special points worthy of being recorded in the annals of the year, one is the lowest price of 18046, the second is the most **214481。What's going on?What exactly did you do that day?
A brief review is as follows:
On the 28th of the month, ** fell sharply in early trading to the "lowest trough" of the year at 1804$6 an ounce, the Conference Board consumer confidence index and other economic data in the evening fell short of expectations, pushing gold prices ** "surge", but the end of the session retreated. coincided with the end of the month, with a total of more than 5% in February, the worst monthly performance in the past 2 years!
On the 4th of the month, Powell did not scare off the expectation of interest rate cuts, and the U.S. index dived intraday, ** went down V, first rushed up and pulled more than $70, hitting the "highest peak" of 2144The $81 ounce once refreshed history, and then continued to give up gains, falling more than $120 from the daily high!
Looking at the 2023 year, although there was a short period of time, it was affected by multiple factors such as global economic uncertainty and inflationary pressure concerns, and the overall increase was still good. In particular, the Fed's attitude has gradually become dovish from lower-than-expected rate hikes to a pause in interest rate hikes, and risk events such as the "banking crisis" in March and the geopolitical situation in October have all driven gold prices**.
In addition, strong demand is also one of the important factors in the price of gold. At present, the pace of central banks increasing their holdings is still accelerating, and more than 7 percent of the surveyed central banks expect the global ** reserves to continue to increase in the coming year, which is expected to further support the performance of ** on the basis of traditional drivers.
Plan the layout to wait for the times to change. The 2024 drama is about to begin, and Lingfeng Global reminds traders that in addition to the short-term market outlook, it is still necessary to pay attention to the Fed's interest rate cut process and geopolitical disturbances, and in next year's "global ** year", elections in the United States, Russia, Ukraine, India and other elections are worth paying attention to. In the long run, against the backdrop of inflationary pressures brought about by anti-globalization, hedging debt crises and liquidity shocks, there will still be impulsive opportunities next year.
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