TechFlow News, January 30: UBS analyst Joni Teves stated in a report that gold prices may face short-term pressure, though the long-term outlook remains positive. She noted that concerns over the Federal Reserve’s independence, escalating geopolitical tensions, and broader political uncertainty are supporting the price of this precious metal. However, although gold’s medium- to long-term risks remain tilted upward, this precious metals expert currently favors a wait-and-see stance. “We believe short-term price action has become overheated, and the risk of a medium-term correction is rising.” (Jinshi)
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