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Wang Decheng:12.26Outlook2021Gold analysts are bullish on new highs

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         Wang Decheng:12.26Outlook2021goldAnalysts are bullish on new highs

     Before writing the article, I would like to say a few words as usual: the situation of an investor yesterday may be very representative. He transfers all his funds to a regular corporate account, and then told me that his platform is legitimate. He said that only platforms that transfer funds to private accounts are black platforms. I explained to her for a while that he still didn't believe it, but he was still arguing with me. Perhaps it was because he himself didn't want to admit that he was operating on a black platform. This type of investor cannot even understand the most basic investment knowledge Loss is definitely inevitable, or rather, it is not a loss but a scam. You can learn about the deposit process of member units under the eight major exchanges. All exchanges have their own settlement centers, and traders deposit money to third-party banks under the custody of the exchange. The custody bank providesfuturesOnly through services such as deposit management and deposit and withdrawal can transaction funds be guaranteed. Be careful when you deposit money into a private account or regular corporate account. You can specifically check the current situation of the "card interruption" action by the Ministry of Public Security.

    Alright, let's start analyzing the market trend of spot gold next week.

Wang Decheng:12.26Outlook2021Gold analysts are bullish on new highs488 / author:Wang Decheng / PostsID:1592147
     
    expectation2021In, analysts continue to be bullish on gold prices reaching new highs as investors may withdraw from risky assets to lock in some returns. Next week, gold prices will challenge1900USD. If the challenge is successful, it is expected to further advance to the historical record of the challenge.

    Analysts say investors will use the last week of this year to conduct inventory checks, which may be beneficial for gold. They expect traders to take profits from the stock market and invest in safer assets.

  Blue Line FuturesChief Market StrategistPhillip strebleOn Thursday, it was stated that "historically, we tend to see investors reflect on some of the mistakes they have made in the past. Gold trading activity may flood in

From a seasonal perspective, gold also tends to12Month end and1Performed well at the beginning of the month.

  FXTMChief Market StrategistHussein Sayedexpress,"If asset management companies want to lock in some profits and reduce portfolio risk, gold may2020In the last few days of the year, there was a significant inflow of funds. As long as the actual yield continues to trade in the negative range, we are still bullish on gold, which is likely to be the case in the coming year

This is why gold prices may eventually hit an ounce next week1900The reason for the US dollar. butStreibleIt is stated that in order to continue to rise, the price of gold needs to be within one ounce1920Close and open above the US dollar.

He said, 'We can1904——1905USD. If you look at gold, since8The trend has been low since the beginning of the month, with lower highs and lows. If we climb through1920If the dollar is in the positive area, there may be something deeper in that area."

  KitcoSenior AnalystJim WyckoffGold bulls have short-term technical advantages next week.

  WyckoffWrite that the first resistance level is seen on Tuesday1889.40The high level of the US dollar, followed by1900.00USD. The first support level is seen at this week's low point1859.00USD, then1850.00USD. Bulls need to quickly show new strength to maintain an upward trend. The next upward target for bulls is to2The closing price of futures in the month is higher than11The high point of the month1973.30USD.

Overall,2020Year has been a very positive year for gold, with prices rising since the beginning of the year22%above. Analysts are still bullish on gold prices, and many expect them to hit new highs next year.

  OANDASenior Market AnalystEdward Moyaexpress,2021One of the key levels of annual gold prices is2300USD.

Wang Decheng:12.26Outlook2021Gold analysts are bullish on new highs607 / author:Wang Decheng / PostsID:1592147
  
     MoyaPoint out that,2021The focus of the year will be on vaccine implementation, but this will not be the reason why gold prices have reached new highs. For gold, this year will be a very strong one. In the first half of this year, we will continue to see unprecedented fiscal and monetary stimulus measures. The Georgia Senate campaign remains a big question mark. Until we get through this difficult time, you cannot estimate how many stimulus measures there will be

But even if Democrats lose one of these elections and Republicans control the Senate, with all states struggling, it is necessary for us to introduce stimulus plans.

  MoyaAdding that the main reason for the upward potential of gold prices next year is inflation trading. The Federal Reserve's policy is consistent, and next year we will see more fiscal support. This means that gold prices will rise strongly to every ounce2300The main reason for the US dollar. Regardless of the progress of vaccine promotion, all of this will happenMoyaIt is also emphasized that inflation is a major concern for next year, which will encourage investors to turn to safe trading of gold.

Next week's data will be very light. Analysts will monitor the market's response to the Brexit trade agreement between the UK and the EU, which made headlines on Thursday.

Wang Decheng:12.26Outlook2021Gold analysts are bullish on new highs538 / author:Wang Decheng / PostsID:1592147

    Written at the end of the article: Friends who work in futures know that futures are traded on a time share basis, at night11The market will stop at midnight, and traders don't have to stay up late to watch the market. That's really tiring. For making goldcrude oilAs a trader, the author has always emphasized a state of investment: strict light position operation, strict stop loss, strict reduction of operation, not investing too much funds in trading, treating trading as a pastime. It doesn't matter if you lose or win every day, and it doesn't affect the normal operation of your family. In this way, even with the wind and waves blowing, you can still be better than idle walking, and there is no need to stay up late to read and analyze the market. Once the market fluctuates greatly, you will be jumpy, Don't ruin your health by not making a profit on your account.
   
    Refuse the temptation of high profits and persist in rational investment. Investment and financial management are high-risk things, not as easy to make money, and maintaining rationality is the most important. Respect laws and regulations, avoid financial traps, and stay away from "high yield" scams. Investors must learn more relevant knowledge to distinguish between real and fake platforms, and learn the most basic knowledge of investment. Author Wang Decheng Futures Qualification Qualification NumberT329796Qualification certificate number of financial planner:CICFPAGC1161851Contact WeChat:wdckdj。



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