The technical aspect of Gold has undergone a "dramatic change"! Renowned Institutions: Gold prices are expected to soar by about 40 dollars.

On Friday, in the Asian market's late trading, spot Gold maintained a strong trend after yesterday's surge, with the price currently around $2,660 per ounce. According to Economies.com, Gold prices have completed the formation of a Call technical pattern, which opens up room for further increases in prices, with the first target set at $2,700.00 per ounce.

FX16844minutes ago

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

The reason for the sudden surge in Gold has been found! Gold prices skyrocketed nearly 34 dollars as shocking news emerged from Iran. How to Trade Gold.

On Thursday, despite the strong rise of the dollar, spot Gold surged to a two-week high due to safe-haven Bids and a decline in U.S. Treasury yields. StoneX Analyst Rhona O'Connell stated, "But geopolitical forces (international tensions and financial uncertainty, especially the uncertainty before President Trump’s inauguration) have played a supportive role."

FX16809:07

Gold welcomes a "good start" in 2025! Wall Street envisions the gold price soaring to 3,000 USD in 2025.

Financial giants on Wall Street generally predict that the soaring gold prices in 2024 will rise further in 2025.

Zhitong Finance08:25