Li Ranqing:10month31dayGDPWhy did silver directly rise after that?

Li Ranqing:10month31dayGDPWhy did silver directly rise after that?

        
        
Yesterday, the United States announcedGDPData, and the published value of the data has reached2.9%Based on this situation, it is not wrong for the data to significantly bearish the silver market. But after a small decline in silver, why did silver quickly rise after a small decline. Although the US economic data was significantly bearish, it did not directly stimulate prices to fall. Adding author Wei Xintre458Consulting on the direction and layout of the aftermarket, can we say that silver has bottomed out?
      
From the performance of silver in the past period, due to a series of bearish data from the United States, silver prices have been trading sideways at low levelsgoldMarket Arrival1250After the position of the US dollar, many investors in the market began to take a bottom buying path, while the silver market has never experienced a significant rebound.
   
Mainly influenced by market sentiment, although the news has not been released, the negative impact has made the market tense. However, in the end, after the data was released, the silver market calmed down. After two consecutive weeks of consolidation, investors were still willing to buy at low levels, indicating that the safe haven sentiment in the silver market was still sought after by the market before next week's data
            
　Next week, the author Li Ranqing (WeChat)tre458）It is expected that there will be a significant reaction in the silver market, and next week's data results will directly affect the unilateral direction of silver.
        
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