XAUCNY
XAUCNY XAUUSDWhy CNY?
- Because chinese and its yuan still dominate world trading in the next few years, in the end it will make yuan position getting stronger than dollar, and it more relevant to pair it with
GOLD- USA try to counter by pushing USOIL and geopolitic issues to maximizing petrodollar strategy to increasing dollar demand, but it will fail and only makes inflation getting worse
- After we met bubble on stock or crypto market and less buyer on it, the peak of printing money, the rates goes up, its the time to commodity prices goes up and the gold continue the bullish trend
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