First, the gold index (this simple and direct):

1, look at the season chart first:

Please pay attention to the big dead fork that MACD will collect in this picture. The problem is that June is coming, and we will wait and see whether this dead fork can be put away. It is suggested to predict whether gold will plummet after June. If this dead fork is established, then the gold bear market for several months or even years has been qualified in the index.

(The picture above shows the continuous quarterly chart of US dollars.)

2. Look at the weekly line again:

Draw two tangents, it is obvious that the price of gold has fallen below the two tangent areas, indicating that gold will show a sharp downward trend at the weekly level.

(The picture above shows the continuous weekly chart of US dollars)

3. Gold Index Summary:

One word: down.

Second, the dollar index-usually, the dollar rises and gold falls; The dollar fell and gold rose.

At present, the US dollar is at the pressure level of 86 points, and in a few months, the US dollar will rise towards this 86. So the decline of gold in a few months is predictable.

There are many other factors related to gold, which are omitted here, because the key is the US dollar index.

Third, the final summary

There are no commodities that have been rising, and there are no commodities that have been falling. The ups and downs of gold always have a head. Where's the head? Look at two things:

(1) U.S. stocks: When the U.S. stocks are lowered or fluctuated in the medium and long term, the rising cycle of gold will come back.

(2) USD: If the USD falls or fluctuates in the medium and long term, the rising cycle of gold will come back.

At present, gold will definitely fall in a few months, or at least fluctuate. Bear.

Note that if a large-scale war breaks out suddenly, US stocks will fall, the dollar will fall, and gold will rise.