Key Macro Chart: When will the breakthrough rebound of gold start? (2024/10/9)

JIN10
2024.10.09 09:56
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EIA inventory data shows a large increase in crude oil inventories, with API and EIA forecast errors widening. The trading of call options related to the VIX, a volatility index of the US stock market, has surged, enhancing market expectations for a spike in the VIX index. Analysts point out that with the reduction of geopolitical risks, the gold market may see a rebound, although it may face consolidation in the short term. The market has not shown a quadruple top, and gold prices are expected to break through, with indicators already in oversold territory, anticipating the start of a rebound