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ProShares UltraShort Gold Newsroom
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.
Impending non-farm payrolls! The strong dollar is hard to shake, will the rise of Gold be hindered?
Non-farm payrolls may pose challenges for the Federal Reserve in further rate cuts. The potential for Gold to rise has increased, but a Call breakout has not yet been confirmed; how tonight's non-farm payrolls can create enough impact on the dollar...
Gold Price Stands Tall Near Multi-week Top; Looks to US NFP for Fresh Impetus
Gold Trade Reminder: The non-farm report is sure to ignite the market! FXStreet's chief Analyst provides a technical analysis of Gold.
# Gold Technical Analysis # 24K99 news On Friday (January 10), during the Asian market trading, spot gold continued its intraday rebound, with the gold price currently around $2673 per ounce.
Gold bulls are making their presence felt! The price of gold once neared 2680 dollars. With the non-farm payroll data approaching, how to trade Gold?
On Thursday, spot Gold continued its recent upward trend, with prices at one point nearing 2680 USD/ounce. FXStreet Analyst Christian Borjon Valencia stated that market focus has shifted to the upcoming USA non-farm employment data and the University of Michigan Consumer confidence data, in search of further economic clues.
Gold continued to rise, with COMEX Gold Futures closing up by 0.47%.
Gold continued to rise as traders considered the prospects of the Federal Reserve's easing path ahead of Friday's important employment data. COMEX Gold Futures rose by 0.47% to $2,692.6 per ounce; COMEX Silver Futures increased by 0.93% to $31.03 per ounce.
USA officials expect that negotiations between Russia and Ukraine may begin early this year!
On the eve of leaving office, the Biden administration released another 0.5 billion USD in aid to Ukraine, to increase Ukraine's "potential bargaining chips."
Gold: Rebound Towards Last Month High at $2725 Is Possible – Société Générale
Gold is about to undergo a "paradigm shift"! The legendary figure of currency historical volatility: Global central bank holdings have surpassed 3 trillion, and USA debt has exploded.
24K99 news, the legendary figure Egon von Greyerz, who successfully predicted Quantitative Easing policies and historical fluctuations of MMF, mentioned his 55-year career, stating that Gold is about to experience a "Paradigm Shift."
Gold has surged sharply! The gold price has quickly risen and broken through $2665 according to FXStreet Analyst's technical analysis.
#Gold Technical Analysis# 24K99 News On Thursday (January 9), during the late session in the Asian market, spot gold suddenly surged rapidly in the short term, with the gold price just breaking through $2665 per ounce, rebounding $10 from the earlier intraday low.
Gold is brewing for further explosion! Pay attention to these important resistances and supports. FXStreet Chief Analyst's analysis of the technical outlook for Gold.
On Thursday during the Asian market, spot Gold remained stable, with prices currently around $2662 per ounce. FXStreet's chief Analyst Valeria Bednarik stated that Gold has continued its increase this week, with a recent target of achieving higher peaks.
"The 'little non-farm payroll' and the Federal Reserve's minutes make their appearances one after another, causing significant fluctuations in Gold! How to Trade after Gold prices closed up by 13 dollars?"
On Wednesday, the spot Gold price experienced significant fluctuations, driven by the "Little Non-Farm" ADP employment data and the Federal Reserve's meeting minutes which impacted market trends. Ultimately, the Gold price closed strongly up by 13 dollars. Bart Melek, head of commodity strategy at TD Securities, stated that the reduction in private sector employment numbers fueled the rise in Gold prices, as a decrease in employment ultimately indicates that the economic situation is weaker than many had anticipated.
Nomura's Global Macro Research Director: The Federal Reserve will only cut interest rates once in 2025, and it is even possible that there may be a rate increase?
Is the interest rate cut no longer happening.
Gold: China's Central Bank Buys More Gold – ING
A significant trend in Gold is imminent! The "little non-farm job report" and the Federal Reserve's minutes have arrived. FXStreet Senior Analyst's Gold trading analysis.
In early European trading on Wednesday, spot Gold maintained a mild rebound, with the current price at $2652 per ounce. FXStreet Senior Analyst Dhwani Mehta noted that in the early hours of Wednesday, Gold was consolidating around $2650 per ounce after a previous rebound, awaiting the release of the USA ADP employment report and the minutes from the Federal Reserve's December meeting, preparing for the next round of increases.
Gold's technical aspects have issued an important Call signal! The price of Gold has opened up further room for a significant increase. Analysis of Gold Trade by a well-known institution.
On Wednesday (January 8), in the late Asian market, the spot Gold maintains an intraday rebound trend, with the gold price currently around 2652 dollars per ounce.
Europe Natural Resources Fund: The performance of Gold will surpass that of the US stock market in 2024. Next year's trend will depend on whether Emerging Markets demand can be sustained.
Li Gangfeng stated that the price of gold in US dollars rose by 25.5% in 2024, setting a new historical high 40 times (with the highest seen at 2,790 dollars), achieving the best annual performance in the past 14 years, while last year's returns also outperformed the US stock market.