Gold analysts gold rise in long-term trend

Gold analysts said the Bank of Taiwan, the news of push up and under admitted buying physical gold, gold soaring last week, week or alarming, rising gold investors every occasion, there should be "the high for the risk" of consciousness , short-term price recovery is not recommended.

Analysts noted that most investment and research institutions still see gold rise in long-term trend, Goldman Sachs Group expects the gold price will reach $ 1,600 this year, more than the target; gold short-term challenges in early May is expected to hit an intraday high of $ 1,577.7 recommended investors Every gold correction, can bargain layout.

Polaris Securities Investment Trust, said the world's largest gold index fund ─ SPDR gold ETF, as of July 6 positions of 1205.81 tonnes maintained at 1200 tonnes, showing the price of gold rose last week, did not lead to market profit-taking case, chips relatively stable, long after the potential to help the gold market upside.

Polaris Securities Investment Trust Investment Adviser's Office of the Deputy Director Weibo Yu pointed out that the Gold Monthly ($ 1,520) and the quarter line ($ 1,519) tangle, can be regarded as short-term long-short divide is expected to be Zaigong $ 1,550 short-term gold price, investors may wish to layout to take advantage of gold price shocks, to take "higher than the low into the" way back and forth action.