Industrial Bank Lu Political Committee: Gold has trend opportunities and is still in the bull market channel.

Lu Zhengwei, chief economist of Industrial Bank, said that gold still has trend opportunities. One of the most important reasons is that in the unprecedented major changes, US dollar reserves may be frozen by the US and the West at critical moments. Therefore, all countries that are concerned about the US now have only one consensus, which is gold. "There used to be a saying that gold is the currency issued by God. Before reaching a consensus on new reserve assets, gold overall is still in a bull market channel."