Prepare for a significant pullback in Gold! FXStreet Analyst: If this scenario occurs, the price of gold may experience a sharp decline.

#Gold Technical Analysis# 24K99 News On Wednesday (May 14), during the early session in Asia, spot gold returned to a downward trend after a slight rebound yesterday, and the current gold price is around 3239 USD/ounce.

FX16854minutes ago

Zhongtai: Q1 profits from Gold and Industrial Metals continue to increase, Bullish on investment opportunities in Precious Metals and Rare Earth Permanent Magnets Sector.

Be prepared for both possibilities.

Zhitong Finance07:19

Gold Prices Rebound To RM14,079.37, Up 1.57% Despite US Market Weakness

Business TodayMay 13 15:16

The allure of Gold is hard to resist; restoring vitality is just a matter of time!

WisdomTree's strategist pointed out that his scenario analysis shows that the upward risks for gold prices are more significant, and any declines under the current environment may be limited.

Golden10 DataMay 13 15:07

A significant Gold market movement is about to occur! Be alert for unexpected USA CPI fluctuations. FXStreet Senior Analyst Gold price Trade analysis.

At the end of Tuesday in the Asia session, spot Gold maintained an intraday rebound, with the current price around 3250 USD/ounce, climbing more than 15 USD during the day. FXStreet Senior Analyst Dhwani Mehta noted that as traders await the significant USA CPI data, Gold sellers are taking a slight breather, and this data is expected to drive the next trading momentum.

FX168May 13 14:33

With the easing of trade tensions, Japanese stocks are poised for their longest rally since 2009, while U.S. Futures are down, and Gold has risen sharply by 30 dollars in the short term.

The Japan Tokyo Stock Index has risen for the 13th consecutive trading day, reaching its highest intraday increase since August 2009; the India SENSEX Index fell by 0.8%, and the Pakistan KSE-100 Index rose by 0.45%; the USD/JPY has slightly weakened, dropping by 0.35% during the day; spot Gold has increased by 0.61% to $3,254 per ounce.

wallstreetcnMay 13 14:22