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Uncertain interest rate path for 2025 leads to economic concerns. Gold rises before the holidays.
As traders weigh the prospects of the USA Federal Reserve easing interest rate cuts next year, Gold rises.
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!
Mexico imposes a 36.23% anti-dumping duty on imported Steel wire from Vietnam.
The Mexican government announced on Monday local time that it will impose a 36.23% tariff on steel wires imported from Vietnam for welding, as this harms local producers in Latin America's second-largest economy. Mexico's Ministry of Economy stated that Vietnam is "dumping" steel wires in Mexico, meaning exporting at prices below cost. Following complaints from two companies in Mexico about unfair import prices, the government has been investigating since the end of 2023. These companies believe that if imports from Vietnam continue, the national industry will "worsen." The Ministry of Economy pointed out in a statement that the Kim Tin Group from Vietnam.
Be alert for a sudden Gold market surge! Major data from the USA is arriving FXStreet Senior Analyst Gold Trade Analysis.
#Gold Technical Analysis# 24K99 News On Monday (December 23) during the European market early session, spot gold maintained an upward rebound, currently, the gold price is around 2630 USD per ounce.
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?