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What is the relationship between the dollar and gold? Analysis of the trend of gold against the US dollar in 2022

2022-03-24
1489
  Gold is favored by many people because of its rarity.There are even many people who specialize in gold investment,they just hope to get more profits in this market.Not only do we pay special attention to gold now,but even ancient times also paid special attention to gold.In ancient times,whoever owned more gold jewelry meant that whose family status was stronger.In the international market,gold has also become a mainstream consumer product and a mainstream investment product.

  What is the connection between the dollar and gold?

  Gold is priced in US dollars,so the price of gold has a certain correlation with the price of US dollars.Through the statistics of the past 30 years,gold and the US dollar have shown negative correlation changes most of the time.That is,when the dollar is rising,the price of gold will fall.When the price of gold rises,the price of the dollar also falls.The two sides complement each other,but there are also cases of common rise and common fall,but this situation is relatively rare.

  The reason is also very simple,because gold is a safe-haven variety.It is also an investment variety that everyone likes very much,so when the price of the US dollar keeps falling,a large number of investors will pour into the gold market,hoping to preserve and increase the value of their funds,and also play a risk-averse mood.When the price of the dollar starts to rise,a large number of investors will sell their gold to the market and buy dollars quickly.That is,in order to maximize their own interests.

  Therefore,from a long-term trend,gold and the US dollar are negatively correlated.

  Analysis of the historical price trend of gold against the US dollar

  Recommended reading:What will the dollar exchange rate look like in 2021?

  What is the price of gold?What are the factors that affect the price of gold?

  From the perspective of the general environmental trend,in fact,our environment has been in a rising stage.From a minimum of more than 200 US dollars,it has risen to more than 1700 US dollars.The highest point has reached 2089.2 US dollars,so from the perspective of the general trend,our gold will continue to usher in a wave of rising rhythm.

  In addition,the current environment is not particularly good,so from the technical analysis,there should be no major problems with our gold rising rhythm.In the next time,gold only needs to adjust and quickly open its breakthrough.Then gold will still have a larger wave of gains,which is a major trend.

  From the perspective of the small trend,it can actually be seen that our environment is in a stage of upward consolidation.And now it is in a closing phase,and the space for the triangle oscillation is slowly shrinking.Once gold can quickly usher in a breakthrough and quickly open up its space,gold's rise will be particularly strong.Now the support below him is around 1730 and the pressure above him is around 1890.As long as he can gain a firm foothold near 1730 and usher in an upward breakthrough.As long as we can see that 1890 continues to break up,we can think that in the next time,gold will successfully break through 2089.2.It is its previous high point,so there may be room for adjustment in the short term.

  If you want to operate in the short term,you should mainly focus on his rise.If you want to wait for someone who breaks through,you need to wait patiently first,waiting for him to usher in a new rhythm and make new attempts.

  2022 gold to dollar trend

  Judging from the current market situation,in fact,the gold market is going up.In addition,our entire world economy is in serious turmoil.Due to the development of the epidemic,so far,no country has been able to easily change the impact of the epidemic.Including the United States,the current inflation in the United States is quite serious,so they are also very worried,and they are very worried that they have no way to solve their troubles.If their inflation will continue to intensify,then the market's risk aversion will continue to increase,once the market begins to increase risk aversion,it means that the price of gold should have a new breakthrough.

  Now both the technical trend of gold and its fundamental trend are in the rising stage,which means waiting until these two technologies can be combined together.Then we can really expand our path and help us open up our space.Therefore,if you want to invest in gold in 2022,it is best to focus on rising,and its trend is still relatively obvious.

  Should you invest in gold or dollar assets in 2022?

  Judging from the current market situation,the volatility of the US dollar is relatively violent,and many countries have begun to sell US bonds in large quantities,so the stability of the US dollar is not particularly high.There are even some countries that are de-dollarizing a lot.If you want to invest in dollars at this stage,it may not be a very good choice.

  Unless you have a very good understanding of the market in the macro environment,and the interpretation of the policy is very in place.You can better grasp the market opportunities,and know the changes in the dollar.In this case,it may be relatively appropriate for you to invest in US dollars.

  But if you don't have such in-depth research and insights,then gold is a better choice for you.Because the overall rhythm of the environment is already very sensitive,their entire rhythm is an upward trend,and it can also help them open up their space.The most important thing is that the upward force of gold is particularly strong.From the rise in August 2018 to the present,gold has not changed its direction,and has always been dominated by unilateral rises.

  In such an environment,there is no reason not to invest in gold.So to do asset allocation,choose one of the two,and the choice of gold will be more appropriate.

  After all,the gold market is relatively open and transparent,and gold investment is relatively free.On top of that,the gold market is now in its big bull market.I believe everyone is very clear about the bull market.

  If in 2018 you have mastered the overall rhythm and quickly kept up with the gold market.In those two years,I believe you should be able to make a lot of money.

  It is not too late to continue to enter the market now,and it will still allow us to open up our space.After all,gold has not yet ushered in an explosion,and it continues to break through.After waiting for the consolidation to end,gold will usher in a new direction.If we miss the best time,maybe we miss the last train at the end of the year.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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