Post by account_disabled on Dec 23, 2023 22:55:58 GMT -8
YLG recommends that buying gold during this period has the opportunity to make long-term profits of 2 bounces, both from lower prices and easy access. and benefit from the strengthening baht, pushing down prices in the country to make it more attractive to buy Confirmed that the trend for next year is still up despite good news about the COVID-19 vaccine, but believe that this will only cause gold to decline in the short term. It is expected that from now until the end of the year, even though the price has a chance to decrease, it is an opportunity to accumulate. Long-term causes and supporting factors are still there. Especially the money from the new US president's fiscal stimulus measures.
Look at the important support level at 1,847 and short-term resistance at 1,900, along with revealing consumer behavior towards investing through More gold online futures due to Telegram Number Data low investment required 20% of the contract value and without risk from currency fluctuations. Ms. Thipa Nawawattanasap, Chief Executive Officer of YLG Bullion and Futures Co., Ltd. (YLG), a futures trading agent on the TFEX market, revealed that even though the price of gold in This period will fluctuate in a downward direction due to news about the progress of the COVID-19 vaccine that continues to come out. Causing the price of gold to decrease However, it is believed that the decrease in gold prices during this period will be a short-term decrease. But in the long run, the gold direction will continue to go. This is because despite good news about the progress of vaccine trials. But producing it for commercial use takes time.
In addition, global economic recovery will take time as well. Not only this, there are factors supporting the price of gold to go up. Both the injection of money to stimulate the economy of the new US president will benefit investment around the world. Including interest rates that will remain low for another 1-2 years, all of which will result in investment flows into the gold market. However, the decrease in gold prices during this period is seen as not much of a decrease compared to Throughout the year the price of gold rose to a maximum of 30%, so look at the timing of the gold price dropping this time. Therefore, it is an opportunity to buy and collect. Because in the long run, the price of gold will continue to increase.
Look at the important support level at 1,847 and short-term resistance at 1,900, along with revealing consumer behavior towards investing through More gold online futures due to Telegram Number Data low investment required 20% of the contract value and without risk from currency fluctuations. Ms. Thipa Nawawattanasap, Chief Executive Officer of YLG Bullion and Futures Co., Ltd. (YLG), a futures trading agent on the TFEX market, revealed that even though the price of gold in This period will fluctuate in a downward direction due to news about the progress of the COVID-19 vaccine that continues to come out. Causing the price of gold to decrease However, it is believed that the decrease in gold prices during this period will be a short-term decrease. But in the long run, the gold direction will continue to go. This is because despite good news about the progress of vaccine trials. But producing it for commercial use takes time.
In addition, global economic recovery will take time as well. Not only this, there are factors supporting the price of gold to go up. Both the injection of money to stimulate the economy of the new US president will benefit investment around the world. Including interest rates that will remain low for another 1-2 years, all of which will result in investment flows into the gold market. However, the decrease in gold prices during this period is seen as not much of a decrease compared to Throughout the year the price of gold rose to a maximum of 30%, so look at the timing of the gold price dropping this time. Therefore, it is an opportunity to buy and collect. Because in the long run, the price of gold will continue to increase.