Benzinga Market Summary: Global Markets On Watch Amid US Presidential Election, Gold And Oil Move Higher, Palantir Surges On Strong Guidance
Gold Rises on Weaker Dollar and Safe-Haven Buying on U.S. Election Day
Market Chatter: Junior Gold Miners Are Appealing Takeover Targets As Bullion Prices Climb
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Tuesday as US Heads to Polls for 2024 Presidential Elections
On US Election Day, Asia Mostly In Green, Europe Mixed, Dollar Softens - Global Markets Today While US Slept
Historically, gold has performed poorly after elections. Will it be different this time?
Citigroup believes that gold may face pressure in the short term after the US election, but the relationship between gold and the "Trump trade" is not significant. The structural bull market of gold remains stable, and investors are advised to buy when the gold price falls, expecting the price to reach $3,000 per ounce in the next 6 months.
US media warns of possible riots after the election, gold price surged nearly $13 from its low! Chief analyst's technical analysis of gold.
#USA Elections##Gold Technical Analysis#24K99 News On Tuesday (November 5), during the Asian market's closing, spot gold rose rapidly in the short term, with the price just breaking through $2,737 per ounce, rebounding nearly $13 from the earlier intraday low.
Gold's shocking reaction to the results of the election in the USA!
Deutsche Bank simulated the performance of gold under the Trump and Harris administrations, the results were shocking, and it also inspired the gold bulls.
Gold suddenly plunged in the short term! The price of gold just fell below $2725 to create an intraday low point. How to trade gold?
On Tuesday in the Asian market, spot gold suddenly plummeted in the short term, with the price dropping to $2724.64 per ounce at one point, hitting an intraday low. Analyst Christian Borjon Valencia from FXStreet pointed out that the first support level for the gold price will be the low of $2708 per ounce on October 23rd.
Breaking news in the usa election! Bitcoin plummeted to 67,000 dollars, gold gasped at 2736. Iran is brewing a major retaliatory action...
The USA presidential election in November has begun, with the new york times polls and the S&P 500 index predicting Harris winning, causing a sharp decline in bitcoin, favored by Trump supporters, to drop below 67,000 dollars, followed by a rapid rebound. Iran is preparing for a major retaliatory action launched from Iraq, but gold traded cautiously at $2,736 before the election.
Gold Continues Downward Drift Ahead of Down-to-the-wire U.S. Election
GLD ETF Climbs 0.1%
On the eve of the election, Goldman Sachs suddenly made significant adjustments to the "long gold" trade.
Goldman Sachs believes: Without exaggeration, "everyone we've spoken to is long gold," so they have reduced their gold positions to lower risk, "leaning towards holding long positions through options, this way there's enough ammunition to buy on dips."
Gold Edges Up as Dollar and Yields Drop Ahead of U.S. Election and Fed Meeting
Express News | Gold ETFs grew by over 17 billion yuan in one month.
Asia Mixed, Europe Market Rallies In US Election Week; Crude Oil Up 2% - Global Markets Today While US Slept
Too exciting! Trump's trade suddenly abandoned, the US dollar plummeted.
The USA election eve is very exciting! On Monday (November 4th), the US dollar fell as investors reduced bets on Trump winning the US presidential election. At the same time, OPEC+ delayed production increase, causing oil prices to rise.
How to trade gold this week? JPMorgan: No matter who wins, if the gold price pulls back, it's a buying opportunity.
JPMorgan believes that in the long term, gold continues to benefit from the Fed's rate-cutting cycle, central bank purchases, and the global trend of currency devaluation.
Daily options tracking | Included in the Dow Jones component stocks! Nvidia rose 2% most profitable with call options doubling in a single day; "Audit Scandal" unfinished, super micro computer put options skyrocketing for consecutive days.
Amazon's performance surged by 6% after the earnings report, with large investors betting on selling put options and being bullish. The largest single transaction involved $2.7 million; China's large cap stock ETF experienced a sharp increase in implied volatility levels, as the market awaits the expected outcome.
Gold price has confirmed the break below the important level! Well-known institutions: Gold price may have nearly $20 more room to fall.
#Gold Technical Analysis# At the end of the Asian session on Monday (November 4th), spot gold was trading near $2737 per ounce.