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.
Gold prices rose nearly 10 dollars in the Asian market! What will happen next? FXStreet Analyst's latest technical analysis of gold prices.
In the Asian market on Monday's afternoon, spot Gold continued its rebound trend, with the current gold price around $2632 per ounce, having strong gains of nearly $10 during the day. FXStreet Analyst Haresh Menghani stated that the dollar remains under pressure below the two-year high reached last Friday, which is a key factor driving up Gold.
Weekly outlook: The market may be "fraught with crises" during the Christmas period, and bullish sentiment for Gold may still need to cool down!
The Federal Reserve's "shock" to the market, does the bullish sentiment for Gold still need to cool down? The dominance of the dollar is likely to remain unshaken, beware of liquidity shortages amplifying market volatility! Is the recent slump in US stocks a "reverse pick-up"?
Gold Edges Up, Trimming Some Recent Losses With US PCE Inflation on Focus
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?
A major market trend is about to unfold! Be aware of the USA PCE inflation Indicators that could cause Gold prices to "change the game". Latest Trade analysis on Euro, British Pound, Japanese Yen, and Gold.
On Friday morning in the European market, the USD maintained a mild downward trend during the day, currently around 108.25; spot Gold maintained a strong rebound trend, with the current gold price at 2604 USD/ounce. Analysts pointed out that if the USA PCE inflation data, especially the core Indicators, exceeds expectations, the USD may strengthen, thereby impacting major non-USD currencies and causing the gold price to decline again.
Gold prices have suddenly surged in the short term! The gold price just touched 2605 US dollars. With heavyweight data arriving, how to trade Gold?
On Friday afternoon in the Asian market, spot Gold suddenly surged rapidly in a short time, with the price reaching 2605 USD/ounce, an increase of over 10 USD for the day. FXStreet Analyst Haresh Menghani wrote that the Federal Reserve's hawkish stance is Bullish for the USD and may limit the rise in Gold prices. Traders are now looking to the USA PCE Price Index for new momentum.
Gold Trade Reminder: The inflation indicators most favored by the Federal Reserve may ignite the market! Analysis of the technical outlook for Gold by FXStreet's Chief Analyst.
On Friday during Asian trading, spot Gold remained essentially stable, with the gold price currently around $2596 per ounce. FXStreet's chief Analyst Valeria Bednarik stated that the outlook for Gold remains bearish, with a price target below the low of $2580 per ounce.
What exactly is going on?! Gold prices soared more than 30 dollars during the day as significant data from the USA is coming; how to trade Gold?
On Thursday morning in the European market, spot Gold continued its intraday rebound, with the current price around $2616 per ounce, a rise of over $30 for the day. FXStreet Senior Analyst Dhwani Mehta pointed out that after the Fed's hawkish interest rate cuts triggered a dramatic drop, Gold experienced a 'dead cat bounce.' However, from the daily Gold chart, the price may still face a 'Sell on the rebound' Trade.
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.
Gold Prices Rebound From Fed-driven Rout, Hawkish Comments Cloud Outlook
After the gold price plummeted, it surged by $26 in the Asian market! How will it move next? FXStreet Analyst's latest technical analysis on gold prices.
On Thursday during the Asia market session, spot Gold rebounded strongly after a sharp drop in the previous Trade session, with the current price around $2,612 per ounce, rising $26 on the day. FXStreet Analyst Haresh Menghani wrote that in the Asian market on Thursday, Gold prices rebounded from a one-month low, and investors are now focusing on USA economic data to look for short-term trading opportunities.
CITIC SEC: The narrative around the US debt drives Gold, and further expansion of US fiscal policy is still needed; long-term allocation opportunities still exist.
From the perspective of the medium to long-term narrative, the USA's "fiscal stability" style in 2025 may not necessarily drive Gold prices further upward, and attention should still be paid to the scale of fiscal expansion.
Powell's fulfillment of a "hawkish" stance ignites a major market trend! Gold falls below 2600, and the S&P experiences its largest decline in interest rates since 2001.
Powell emphasized that interest rate cuts will slow down, the US dollar index rose above 108, the Dow fell by more than a thousand points, and the S&P recorded its largest decline on a rate cut day since 2001, with Gold experiencing a significant drop of nearly 60 dollars during the session...
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.
Express News | Blackrock: It is recommended to use Gold and Bitcoin as a supplement to Bonds investments.
Commodity Roundup: Cocoa Prices Hit Fresh Highs; UBS Retains Bullish View on Gold
Gold's Upside Attempts Remain Limited With All Eyes on the Fed
UBS Group continues to be bullish on Gold: it will rise to 2,900 dollars next year!
UBS Group maintains a bullish outlook on Gold for the next 12 months and recommends that investors allocate about 5% of their portfolio to Gold as a diversification investment.
The moment that determines the fate of Gold has arrived! The Federal Reserve's decision is brewing significant risks. How to Trade Gold prices on this critical day?
#Gold Technical Analysis# On Wednesday (December 18) in the early European market, spot gold maintained a moderate downward trend, with the current gold price around 2642 dollars/ounce.