On July 20th, Everbright Futures analyzed that in the medium and long term, as the path of the Federal Reserve’s monetary policy from the rate hike cycle to the rate cut cycle is relatively clear, the U.S. dollar index is also difficult to get rid of the downward trend, and the rise of gold and silver in the market outlook is relatively clear.
But in the short term, there are still some uncertainties. The main reason is that the current round of inflation in the United States is relatively resilient, and the Fed’s policy is caught in a dilemma. It is easy to bring inflationary rebound pressure under loose expectations, while the economic recession is expected to increase under tight expectations.
The timing of the Fed’s shift from tight monetary policy to loose monetary policy is uncertain. During this period, there will be greater uncertainty in the upward movement of gold and silver prices, and the greater probability will show a trend of high-level oscillations.
