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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
Institutional survey: Analysts and retail investors have divergent views on the trend of gold next week.
On June 29th, Jinshi data showed that the latest Kitco gold survey revealed that most industry experts plan to take a wait-and-see approach next week, while individual investors have divergent views on the recent outlook for gold. The consensus among the 12 Wall Street analysts surveyed on the gold trend next week is that caution is more important than bravery. Four analysts (33%) expect the price of gold to rise next week, while two analysts (17%) expect it to fall. The remaining six experts (50%) are unwilling to believe in the future trend of gold for the next week. Meanwhile, 178 people participated in Kitco's online survey this week, and ordinary investors' views on the recent outlook for gold are as divergent as those of Wall Street investors last week. 86 retail traders (48%) expect the price of gold to rise next week. Another 50 people (28%) expect the price of gold to fall further, while 42 people (24%) expect the price of gold to continue to trade sideways in the coming week.