Why has gold always been so strong?
As the saying goes: Gold is in troubled times, and it is true.
At present, the strength of gold is related to these two factors:
1. Unstable political environment, such as the military conflict between Russia and Ukraine and Israel and Palestine. It is not ruled out that the United States will brew a bigger conflict? This is why the price of gold continues to rise.
2. Monetary policy. The US dollar and gold usually show opposite ups and downs. However, this time the rise in gold is related to the wave of global de-dollarization during the US dollar interest rate hike cycle.
There is also an inseparable relationship between gold, the US dollar, and the crypto market. You can pay attention to the trends of these.