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Commodity Roundup: Outlook Remains Bearish for European Gas Prices, BMI Says, Henry Hub Prices to Rises 41% Y-o-y
Gold has once again risen alongside the US dollar and US Treasury yields! Does this suggest something?
Is Gold shining with the glow of the "ultimate safe-haven asset"?
The big Gold market is on the brink! How to Trade Gold on 'Non-Farm Payroll Day'? Analyst's latest technical analysis of gold prices.
In Friday's European market morning, spot Gold maintained its intraday upward momentum, with the current gold price at 2,680 USD/ounce. FXStreet Senior Analyst Dhwani Mehta stated that Gold traders are eagerly awaiting the USA non-farm employment data in order to make new bets.
The non-farm report is coming, and the market may face a huge shock! Be alert for this "major event" that may strike - analysis of Euro, British Pound, Japanese Yen, and Gold trade.
On Friday (January 10), during the early European session, the USD remained stable, currently around 109.25; spot Gold maintained its intraday rebound, currently around 2676 USD per ounce. On this trading day, investors will face the USA non-farm payroll report, which is expected to trigger significant market volatility. Investors need to be cautious of the risk of Japan intervening in the foreign exchange market after the non-farm release. The well-known financial news website Economies.com published a latest article on Friday, providing a forward-looking analysis of the recent trends of EUR/USD, GBP/USD, USD/JPY, and Gold.
Gold Climbs To US$2,690, Analysts Maintain Bearish Trading Bias
Short-term Gold suddenly surged! Gold prices are approaching 2680 dollars. Latest intraday trade analysis from renowned Institutions.
#Gold Technical Analysis# 24K99 News On Friday (January 10), during the Asia market close, spot gold suddenly rose rapidly in the short term, and the gold price is approaching 2,680 dollars per ounce.