Spring Festival
#黄金 #白银黄金 should we hold positions? Jin Yan will explain it to you clearly.
Many friends are asking me whether to hold positions or liquidate during the Spring Festival for gold and silver. I will directly explain the core conclusions and logic to everyone.
First, let's look at the real data from the past 10 years, which is very meaningful for reference: the overall trend for gold and silver has been upward.
In the past 10 years, gold has risen 6 times and fallen 4 times, with an average increase of 0.8%, and a win rate of about 60%. The trend is quite stable, with few large fluctuations, making it suitable for those who seek stability.
Silver has also risen 6 times and fallen 4 times, with the same win rate as gold, but with much larger fluctuations, an average increase of nearly 1.7%. It rises sharply and falls harder, making it quite aggressive compared to gold.
Here I must remind everyone: the domestic market is closed during the Spring Festival, and the opening will completely depend on the foreign market, with direct gaps and no way to operate in between, so risks must be taken seriously. Moreover, historical patterns are very clear: prices tend to rise during the holiday, and are likely to continue rising after the holiday; if prices fall during the holiday, they are also prone to adjustments afterward.
Overall, holding gold and silver during the Spring Festival is generally favorable, so there is no need for excessive panic.
If you pursue stability, go for gold; if you want to take risks for higher returns, consider silver, but silver carries higher risks and must be approached with caution.
Regarding positions: I suggest holding light positions during the festival. $XAU
The probability of interest rate cuts in the short term is not high, coupled with market risk aversion, keeping positions around 50% is the most comfortable. Retain core positions to reduce operational risks; having a stable and peaceful New Year is the most important.
$BTC $ETH If you want to follow me to grasp the trends of gold and silver after the festival, just keep paying attention.