A technical chart looks at the outlook for Gold in 2025! Analyst: Starting with consolidation to break away from "overbought," it will ultimately move towards $3000.
Analysts forecast that the consolidation of Gold at the beginning of 2025 will help alleviate the overbought situation, and patient investors will ultimately see the realization of the Target Price of $3,000.
Trump is about to return to the White House! Drawing from history, how will various Assets market trends unfold?
In comparison, after Trump's election, Bitcoin and U.S. assets immediately saw a violent surge, reflecting investors' recognition of the economic growth during his first term and their optimistic expectations for future prospects and cryptocurrency policies.
Be careful, Gold may suddenly "change its face"! Technical analysis is issuing warning signals. FXStreet Senior Analyst's analysis of Gold price trends.
On Tuesday morning in the European market, spot Gold maintained an intraday rebound trend, with the current gold price around 2621 dollars per ounce. FXStreet Senior Analyst Dhwani Mehta stated that due to the bearish Relative Strength Index (RSI) on the daily chart and Gold being positioned between two key moving averages, the gold price is still in a "Sell on the rebound" trade.
December 24 Technical Analysis Report: Spot Gold, Crude Oil Futures.
This article summarizes the latest views of Economies.com analysts today, covering multiple products such as spot gold, WTI crude oil futures!
Billionaire John Paulson Bullish On Gold Miners, Including This Penny Stock
The giant cup-and-handle pattern chart from 45 years proves that Silver will greet an epic breakthrough, aiming to challenge the critical resistance level of 30.86 by the end of the year.
Mike Roy, an independent Precious Metals Analyst, stated that as 2024 comes to a close, looking back at the significant cup and handle technical pattern of Silver over the past 45 years indicates that silver prices are indeed breaking out. It is necessary to close above the critical resistance level of $30.86 by the end of the year to lay the foundation for an explosive rise in 2025.
Gold Prices Rebound From Fed-driven Rout, Hawkish Comments Cloud Outlook
The technical aspect of Gold confirms a breakout! The space for a significant drop in gold prices has opened up. Well-known Institutions' intraday Gold Trade analysis.
In the late trading of Wednesday in Asia, spot Gold remained mostly stable, with gold prices currently around $2645 per ounce. According to Economies.com, gold prices have fallen below a minor Resistance, opening up space for further declines in gold prices in the future.
Equifax Raised to Overweight at Morgan Stanley on Better Credit Conditions
Is Equinox Gold Corp.'s (TSE:EQX) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Heraeus: Silver is expected to reach 40 dollars next year, and its performance is likely to surpass Gold once again!
Analyst at Heraeus pointed out that the value of Silver relative to Gold is still at a historical low, and in the later stages of a bull market, Silver often performs better than Gold.
MetalsFocus: It is expected that gold prices will hit historic highs in the coming months, which will drive silver prices higher.
MetalsFocus released the Precious Metals monthly report for December 2024.
Goldman Sachs: Even with a strong dollar, Gold will still be strong, and central banks will buy more.
Goldman Sachs believes that the West looks at the Federal Reserve, expecting a rate cut of 125 basis points by the end of next year will boost Gold prices by 7%; the East looks at central banks, where a strong dollar will not stop central banks from purchasing Gold, with expectations that by the end of 2025, central bank purchases will increase Gold prices by 9%.
The gold price has once again broken through 2700 dollars during the session! Wall Street is bullish, and will the Gold ETF likely take off accordingly?
Recently, Morgan Stanley released the 2025 Commodity Outlook report, stating that Gold remains the "best choice" for hedging uncertainties, expecting the price to rise to $3000 per ounce next year, with an average of $2950 per ounce by the fourth quarter.
Is the pullback or the right time to jump in? Gold prices have soared this year! Major banks predict it will hit the 3,000-dollar mark next year.
In the past two years, going long on Gold can be said to be one of the hottest Trade varieties in the market, with a cumulative increase of nearly 50% in spot Gold prices. This year, under the catalysis of a series of events, the spot Gold price even reached a historically high price of $2788.5 per ounce on October 30.
RBC Capital Maintains Equinox Gold(EQX.US) With Hold Rating, Maintains Target Price $7.12
Gold: 2024 Is Gold's Year – TDS
The road to gold hitting a new high is far from over! Well-known investment bank: in this situation, the price of gold may quickly soar to $3000.
According to the well-known investment bank Macquarie Group, with the Federal Reserve lowering interest rates and central banks around the world increasing gold reserves, there is potential for further increases in gold prices next year, possibly reaching record highs. Macquarie stated that if concerns about the usa's fiscal situation intensify, gold prices could soar towards 3000 dollars per ounce.
The gold bulls are growing stronger, and another giant has raised the 2025 expectations!
In two scenarios, gold may 'quickly' challenge the $3000 mark. But be cautious as gold may face a large-scale liquidation in the near future.
Gold Prices Move Little as Safe Haven Demand Remains Limited