Trump's trade promotes safe-haven bids, Emerging Markets currencies and Gold show divergence in trends.

With Donald Trump being re-elected as the president of the USA, investors are eager to act, while Gold and MMF, two types of Assets that typically move in tandem with the dollar, have been diverging.

Zhitong Finance21:15

Major technical signals for Gold! Gold prices have broken through all key resistance levels. How to Trade Gold with significant data approaching?

On Friday morning in the European market, spot Gold remained stable, with the current price around $2656 per ounce. FXStreet Senior Analyst Dhwani Mehta pointed out that Gold is buoyed by geopolitical challenges and a bullish Relative Strength Index (RSI) on the daily chart, and the price has now broken through all key resistance levels.

FX16816:24

A major market movement is imminent! Be alert to today's significant event that could trigger intense volatility in the Euro, British Pound, Japanese Yen, and Gold trading analysis.

On Friday morning in the European market, the USD maintained a moderate downward trend, currently around 109.10; spot Gold is near 2655 dollars per ounce. This trading day, investors will pay attention to the USA ISM manufacturing PMI, which is the most important economic data from the USA this week and is expected to trigger significant market fluctuations.

FX16815:58

Sudden reversal! Gold ETF investors "withdraw" and leave, Trump and the Federal Reserve's trading flows into three major asset markets.

After Trump's victory, Gold ETF investors withdrew their funds, directing their investments towards the dollar, the USA stock market, and Bitcoin. Currently, investors prefer to purchase physical gold rather than ETFs.

FX16811:59

Israeli airstrikes have resulted in at least 68 deaths! How will gold prices move after surging? Chief Analyst's analysis of the technical outlook for Gold.

On Friday during the Asian market, spot Gold continued its upward trend after a surge yesterday, and the price is currently around $2663 per ounce. FXStreet's chief Analyst Valeria Bednarik stated that Gold prices will likely reach an overbought state soon, but buyers are unlikely to give up. The price of Gold is still expected to retest historical highs.

FX16811:52

Gold Price Holds Ground Due to Safe-haven Demand Amid Rising Tensions in Middle East

FXStreet10:17