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Yuan Gold


February 3, 2026: Physical gold sells at a $133 premium over spot in China. Physical silver sells +12.5% over spot in China! - The fixing of the gold price now happens in the East (China)!

chinese gold   Yuan
Gold expressed in the Chinese Yuan: China is the world's biggest buyer of physical gold.

CNYGold pf1
Short-term candle
Chart comments
CNYGold candle1
  • Jan 28, 2015: broken through 200-day MA = buy signal
  • March 7, 2016: A BREAKOUT.
  • Jan 8 - Feb 7, 2017: and fresh up leg
  • Jan 5, 2018: The Chinese purchased gold in large quantities after the holiday week.
  • Jan 16 - Feb 8, 2019: Waiting for action
  • Jan 3 - Feb 4, 2020: backtest/flag completed and new bull run.
  • April - May 10, 2022: Start of the second upleg and strong buy.
  • Jan. 6, 2023: The beginning of a new bull run.
  • Nov. 5 -  Mar. 10, 2024: All-time high and bull run.
  • Apr. 5 - Apr. 25: Target is 18.000
  • Nov. 11: Target almost hit. It appears we have an exponential.
  • Dec. 11 - Feb. 28, 2025: new bull run and coil in formation
  • May 20 - June 16: Bull trend resumed.
  • Dec. 3: see new target on the PF chart.
  • Jan. 1, 2026: This has become exponential.
  • Jan. 30: Welcome correction.
  • Feb. 3: Bottom & Buy!
Long-term candle
CNYGold candle2

Chinese Yuan/Renminbi versus US-Dollar: Since currency devaluations no longer work, we have a "Trade War."

CNY pf1
Short Term Candle Chart comments
CNYUSD candle1
  • April 23, 2022: Breakdown from a BEARISH WEDGE versus the US Dollar.
  • May 10: 5% lower and SUPPORT.
  • Nov. 23: Bottom formation.
  • Jan. 6, 2023: The dollar is TOAST.
  • Feb. 16 -  Dec. 11: The yuan is a super buy versus the Dollar
  • Jan. 9 - Mar. 10, 2024: something weird is happening here...
  • Apr. 25 - May 12: Bottom building.  It appears to be a DANGEROUS RIGGED situation...
  • June 17 - Aug. 3: This market is RIGGED - China is selling MASSIVE amounts of Dollars.
  • Oct. 11 - Apr. 6, 2025: strong BUY at this level.
  • May 1 - July 2 - Sep. 1 - Dec. 3: Sideward accumulation.
  • Jan. 1, 2026: a pending breakout?
  • Jan. 27 - Feb. 3: Bull run.
Long Term Candle
CNYUSD candle2

 


Chinese Yuan/Renminbi versus Euro:

China is doing whatever it can to stay competitive globally. MADE in CHINA must continue to sell...even when China is entering a RECESSION (March 2019)


 

eCNY pf1
   
eCNY candle1  NOTE - section under construction!
 
eCNY candle2

China is not the subsequent economic and political giant! It may even be a power in decline.  The bulk of the Chinese live in conditions comparable to those of Nigerians, and the Upper-Middle class has no heated homes and often no running water. China, however, holds gold and silver. And he who holds the money (Gold and silver) rules the world.

chinese gold holdings
chinese renminbi china gold demand
USD-CNY march2014 2016 chinese gold reserves

Copyright, All Rights Reserved - The contents of this report may NOT be copied, reproduced, or distributed without the explicit written consent of Goldonomic (Jan 2018)


 

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