Wow! $PAXG Gold is so strong! It has directly broken through 4300!!! Brothers who have positions have made big profits again. PAXG, as a token anchored to physical gold, naturally rises with the tide. No wonder Binance boss CZ acted so quickly, launching the XAU gold perpetual contract overnight. Isn't this clearly a sign of optimism for gold's future? Big players are already taking action, and we retail investors must keep up with the rhythm.
Why is gold so strong and keeps rising? Three reasons: First, the U.S. Federal Reserve is cutting interest rates and expanding its balance sheet, causing the dollar to continuously depreciate. As a hard currency, gold naturally benefits; with more money chasing fewer goods, prices go up. Second, central banks around the world are frantically buying physical gold and demanding physical delivery! From China, Poland to Turkey, this year's central bank gold purchases have exceeded a thousand tons, aimed at de-dollarization and seizing the pricing power of precious metals to hedge against U.S. hegemony. Third, geopolitical risks are endless, the Russia-Ukraine conflict is unlikely to achieve peace in the short term, and the situation in the Middle East could explode at any time. These uncertainties highlight the safe-haven properties of gold, which are likely to continue in the coming years.
The gold bull market has just begun; it’s easy to see 5000 tomorrow, and 8000 in the long run is not a dream. For those who don’t like frequent trading, gold is the best long-term appreciating asset. A normal allocation of 5-10% is sufficient—just lie back and enjoy the increase, it's stable! Continue to hold your positions, don’t waver easily, gold will only get more expensive! #加密市场反弹 #ETH走势分析
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