Will tonight's PCE bring Bullish news? The bearish trigger for Gold may be ignited!

After the Fed took a hawkish stance, the market fell into chaos. Will tonight's PCE data bring a glimmer of hope for the bulls?

Golden10 DataDec 20 17:03

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.

FX168Dec 19 15:49

Gold prices have successfully reached the bearish target! Renowned Institutions: Unless this level is broken, gold prices may still have significant room for decline.

On Thursday afternoon in the Asian market, spot Gold continued its intraday rebound trend, with the gold price currently around $2609 per ounce; the previous trading day saw a drop of over 2% in gold prices. According to Economies.com, after yesterday's sharp decline, the gold price successfully reached the bearish target of $2600.00 per ounce. Unless it breaks through $2655.00 per ounce, the outlook for gold prices remains bearish.

FX168Dec 19 14:50

Gold Prices Rebound From Fed-driven Rout, Hawkish Comments Cloud Outlook

InvestingDec 19 13:40

Breaking news! India's record gold import data may be a "big blunder".

Insiders suggest that India's gold import figures for November may have been overestimated by up to 50 tons, which is nearly 30% of the total gold imports for that month.

Golden10 DataDec 18 22:41

Express News | Blackrock: It is recommended to use Gold and Bitcoin as a supplement to Bonds investments.

BreakingsDec 18 19:16