Gold trend is bullish in 2023, seize the opportunity to invest in gold

Factors that volatile the gold price

Different factors affect the price of gold to rise or fall, and every market volatility is profit opportunity!

War Situation

Hedging

Example: Russia-Ukraine Crisis

Date: February 2022

Rise: $150

Profit: 400%

USD Price

Gold is denominated in USD

Example: USD rises

Date: June 2021

Fall: $102

Profit: 270%

Interest rate hike

Invest in USD assets

Example: US interest rate hike

Date: March 2022

Fall: $100

Profit: 240%

Epidemic

Safe-haven and anti-inflation

Example: The epidemic has spread in an all-round way

Date: March 2020

Rise: $147

Profit: 490%

Gold supply

Supply will affects the product price

Example: Sharp decline in supply

Date: February 2017

Rise: $80

Profit: 40%

Economic performance by country

Global Economic Development Status

Example: U.S. CPI rose 8.5% year-on-year in March

Date: April 12, 2020

Rise: $30

Profit: 9%

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Profit in Both Bearish and Bullish Markets

Long Position Profit Mode:

Formula:

(Closing Price - Opening Price) × Contract Size × Lot Size.

Take (XAUUSD) as an example:

The opening price is $1,850; the closing price is $1,900; Trade 0.1 lot; When the principal is $185, the profit is $500.
Short Position Profit Mode:

Formula:

(Opening Price - Closing Price) × Contract Size × Lot Size.

Take (XAUUSD) as an example:

The opening price is $1,850; the closing price is $1,800; Trade 0.1 lot; When the principal is $185, the profit is $500.

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