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PG_LyLyTrader
黄金，很多人还幻想今年或者明年再创新高，基本上不出意外的情况下是不会的。$XAU
黄金的定价逻辑里，避险是短期因素，长期因素是实际利率和货币环境，抗通胀属性。加息会短期抑制黄金，中期选举结束后，小的反弹会有；黄金得长线，估计27年下半年震荡开启新一轮涨势，但是涨势不会像25年那样，2025年全年黄金涨幅64%左右，这是十多年一遇的。
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