PANews|Feb 21, 2026 08:07
[Analyst: Trump's Tariff Ruling is a Short-lived Bearish Factor, Gold Bull Market Logic Remains Unchanged]
According to Jin10, John Weyer, head of the commercial hedging division at Walsh Trading, stated that the price movement of gold following the Supreme Court's tariff ruling indicates that while gold may have lost a bullish factor, it still possesses ample upward momentum. Gold experienced a sharp drop immediately after the news was announced, but the prevailing (bullish) market sentiment quickly regained dominance. Gold continues to rise on its own momentum, and many market participants will persist with this strategy until the market provides a bearish signal. Over the past six months, the reason market participants have been buying gold is simple: because it is rising. This is an unprecedented rally, and I believe the market will continue to buy. Even though the tariff ruling has removed some uncertainty, gold will continue to rise as other risks remain.
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