After the recent surge in gold prices, what will happen next? Latest gold price trade analysis from FXStreet's senior Analyst highlights these resistance and support levels.

In the European market early on Monday, spot Gold is maintaining a slight downward trend, currently priced around 2686 dollars per ounce. FXStreet Senior Analyst Dhwani Mehta noted that after last week's continuous rise in Gold prices, buyers appear to be exhausting. Mehta warned that Gold prices may face pressure from profit-taking.

FX16816:39

The gold price is close to the first target! Breaking through this level will open up room for a significant increase. Renowned institutions' latest intraday Trade analysis of Gold.

#Gold Technical Analysis# 24K99 News On Monday (January 13th) in the Asian market close, spot gold maintains a strong trend, with the current gold price around $2691 per ounce.

FX16814:34

With the inflation expectations strengthening, gold prices are rising, and the Copper LC price difference is widening again.

Last week, the market continued to move toward the narrative of strong economic resilience, a solid labor market, and increasing re-inflation expectations, with both gold and copper strengthening. Initially, there were concerns in the market about Trump imposing tariffs on refined copper imports, which widened the price gap between COMEX copper and other regions, and the rebound in COMEX copper prices was particularly pronounced. Subsequently, crude oil rebounded sharply due to concerns over the USA's sanctions on Iran, coupled with strong non-farm payroll data on Friday and hawkish statements from Federal Reserve officials, leading to a continued reduction in market expectations for interest rate cuts from the Federal Reserve this year.

CME Group10:36

Goldman Sachs suddenly changes direction: Gold prices will not reach 3000 dollars this year. The key reason behind this is ...

Goldman Sachs no longer believes that gold prices will reach $3,000 by the end of this year, as the Institutions anticipate that the Federal Reserve will reduce the number of interest rate cuts and push the target outlook to mid-2026.

FX16808:28

Gold prices are fluctuating upwards again! Can it still be bought? Institutions' latest interpretation.

At the beginning of 2025, Gold prices fluctuated upward. On January 9th, Gold prices reached the highest level since mid-December. On January 10th, Gold prices increased again.

Securities TimesJan 12 09:37

Tianfeng: Gold vs Bitcoin, which can replace the US dollar?

AI represents plan A to maintain the hegemony of the dollar, while Cryptos represent plan B to hedge against challenges to the dollar's position. However, whether it is Bitcoin or AI, Energy is an essential element that cannot be overlooked.

Zhitong FinanceJan 12 08:05