Express News | Analysis: Gold has broken away from the downtrend following the USA election, with strong demand keeping its shine intact.
The significant news from Russia and Ukraine has stimulated a daily surge in gold prices by over 21 dollars. How to trade next? FXStreet senior analyst gold technical analysis.
In early European trading on Monday, spot gold maintained a strong intraday surge, with the current price near $2584 per ounce, up more than $21 intraday. FXStreet senior analyst Dhwani Mehta pointed out that gold rebounded strongly early Monday morning and approached the key level of $2600 per ounce. The risk of escalating geopolitical tensions between Russia and Ukraine is imminent, prompting buyers to return in large numbers.
Goldman Sachs directly suggests: buy gold! Next year, the price of gold will reach $3000.
①Goldman Sachs expects the target price of gold to reach $3000 per ounce by December 2025, due to increased central bank demand and the impact of interest rate cuts in the USA; ②Reports suggest that escalating trade tensions may revive speculative positions in gold; ③ Goldman Sachs has identified gold as the top choice for commodity trading in 2025, and indicates that the price of gold may continue to rise during Trump's term.
The dollar's upward momentum paused, gold prices rebounded! Goldman Sachs is calling out to "buy gold", predicting $3000 by the end of next year.
Risk aversion sentiment is warming up again.
The reasons for the sudden surge in gold prices may be here! Two major news from the Russia-Ukraine conflict, and the latest trade analysis from well-known institutions.
On Monday, during the late session in Asia, spot gold maintained a significant rebound, with the price currently at 2,589 dollars per ounce, up over 26 dollars on the day. According to FXStreet analysis, the geopolitical tension between usa and Ukraine has surfaced after the usa authorized Ukraine to use usa long-range weapons to strike within Russian territory, which may be the reason for the recent rise in gold prices.
Goldman Says 'Go for Gold' as Central Banks Buy, US Fed Cuts in 2025
Gold lost some luster due to Trump, analysts recommend buying on the dips!
Analysts point out: "People are truly interested in gold when all other investment categories are not effective."
Express News | Goldman Sachs said to "buy gold," central bank demand and the prospect of a US Federal Reserve interest rate cut are expected to help gold prices reach $3,000 next year.
With Trump's inauguration approaching in January, Bank of America Merrill Lynch advises investors to adjust their portfolios: focus on US bonds, European and Chinese stock markets, and gold.
Bank of America advises investors to adjust their portfolios before Trump's inauguration in January, focusing on US Treasury bonds, China and Europe stock markets, and gold.
The most recent 13 US election windows have had the worst performance: Can gold still be bought?
① This month, usa's president-elect Trump won the election in a landslide, which immediately boosted the performance of markets from us stocks to bitcoin. ② However, among a series of pre-election highly praised Trump trades, gold has clearly become an exception...
Gold has experienced a sudden explosive market trend! Biden has just made a significant decision regarding the Russia-Ukraine war, causing gold prices to soar more than $30 within the day.
During the Asian market on Monday, spot gold suddenly surged significantly in the short term, with the gold price now approaching $2595 per ounce, soaring over $30 within the day. FXStreet analyst Lallalit Srijandorn pointed out that escalating geopolitical tensions in the Middle East, along with ongoing conflicts between Ukraine and Russia, may boost safe-haven fund flows and benefit gold.
Gold Rebounds After Deep Weekly Loss With Rate Outlook in Flux
Russia suddenly launches a large-scale attack! The price of gold soared above $2575 after opening. Two charts show the technical prospects of gold. How can investors profit and settle?
#Gold Technical Analysis# 24K99 News On Monday (November 18), after the start of the Asia trade session, spot gold surged more than 10 dollars in a short period.
Bank of America’s Hartnett: The investment market shifted before the inauguration in January, allocating to U.S. treasuries, Central and Eastern European stock markets, and gold.
Hartnett stated that as american financial conditions tighten, investors' expectations for usa growth and inflation increase, leading to a shift in the belief of substantial shareholding in american stocks. It is recommended that investors adjust their investment portfolios before Inauguration Day in January, focusing on chinese and european stock markets as well as gold; if the yield rises to 5%, buy US Treasury bonds.
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Gold Weekly Review: A single statement from Powell shocks the market! Gold prices plummet by $123 in a week, with CPI and retail sales supporting Trump's trade.
Powell released a hawkish signal, indicating that the Federal Reserve is not in a rush to cut interest rates. The usa CPI and retail sales data support Trump's trade, boosting the usd index to close at 106.71. Gold plummeted by $123 in a week, and a survey on gold prices shows that only a few on Wall Street believe that gold has upside potential in the short term.
Gold prices plummeted an astonishing $121 this week, and the culprit is TA! What is the next direction? FXStreet analyst's technical forecast on gold.
#Gold Technical Analysis# 24K99 News The gold market experienced extremely severe selling this week, with a decline of more than 4%.
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Metal Prices Rise, Mounting Recovery After Trump-Sparked Losing Streak -- Market Talk