The current stock market is very bad, and you can take as much as you want. Many of the people around me began to flee this sad and unforgettable place.
It may also be for risk aversion, or it may be because the end of the year is approaching, but the current gold market is hitting new highs.
For example, the Shanghai Gold Index has now hit a record high, and this is still a weekly line.
Judging from the chart above, after a concave bottom in the early stage, it broke out to a new all-time high.
If you compare the A-share index with him, it will be one day and one place.
The same is true for the New York Gold Index, which hit a new all-time high this month. Judging by the picture above, the entire index has doubled.
But this one is leveraged, it looks like it's doubled, and in fact, it's an infinite number of times.
Affected by the decline in A-shares, some precious metal stocks listed on A-shares were still not spared, and fell at the same time.
For example, Shandong Gold has also fallen from a high of more than 27 yuan in the previous wave to 23 yuan now. Although it is up more than two points today, there is still pressure from the 60 EMA above.
I flipped through other stocks in the precious metals sector, and there were not many who walked out of the market alone. really responded to that sentence, under the nest, there are no eggs, so I still have to hope that the index will rise!
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