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Li Wanxi:5month13The recession of the United States is inevitable, and silver is currently consolidating horizontally
In the past5During the year, housing prices in Berlin, Hamburg, and Munich increased by over30%. The European Central Bank has lowered interest rates to near zero, and the traditional way of renting and saving money is slowly changing. House prices in various parts of Germany generally rose last year, and by the end of this year, house prices in Germany will continue to rise3%to4%. If you have any doubts, please add credibilityjs6486
Economists and analysts believe that, based on historical cycles and the current state of weak corporate profits, an economic recession is inevitable during the next presidency of the United States. Analysis suggests that the US economy has expanded83One month is the fourth longest cycle in American history, so a recession is inevitable.
From the current economic situation in Germany, the demand for building houses will have a certain driving effect on the economy, while the prospects for the United States are worrying. Therefore, it can be expected that in the long run, precious metals will have a certain impact on the economygoldSilver may experience price increases due to economic recession, but the current trend is still a sideways consolidation.
From spot silver1From the hourly chart, it can be seen that yesterday it continued to decline significantly and fell near the previous low point, thus once again facing the support level in the early period3500At this position, you can go long appropriately and still adopt a light position mode in operation, consolidating the range with good stop loss. Under pressure from above3580Nearby, look at the target3580Just nearby. The above points are based on Ninggui Asphalt. Please pay attention to conversion between different platforms. For online guidance on other trading platforms, please consult Li Wanxi Weixinjs6486。
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Note: The above article was written by analyst Li Wanxi(Weixinjs6486)Exclusive planning and release, please indicate the source for reprinting.Li Wanxi kindly reminds that investment carries risks and caution should be exercised when entering the market. The above only represents Li Wanxi's personal views and is not used as a basis for operation. Any risks associated with this operation shall be borne by oneself.