Obviously, gold fundamentals are supported by complex factors such as the Federal Reserve’s unlimited monetary easing, the Sino-US trade war, and geopolitics. Especially in the context of the epidemic, the prospect of economic recession and recovery is also facing great uncertainty. These It has laid the foundation for the continued strength of gold. However, it should be noted that if the panic sentiment in the second outbreak of the epidemic spreads again, gold may be sold again due to tight liquidity.