After reaching a new high and then falling, how much longer can this round of the gold bull market last?
Analysts pointed out that there are signs of weakness in the bulls, and there is a risk of a pullback in gold in the short term. However, it is expected that factors such as the Fed's rate cut and geopolitical conflicts will continue to support the price of gold.
Decision Analysis: Be cautious of gold's high-level retracement! The market is benefiting from the aftermath of interest rate cuts. This week, Powell and PCE are coming together.
Asian stocks strengthened on Monday, September 23, as the market anticipates the Federal Reserve meeting to bring two interest rate cuts, while key US inflation data is expected to pave the way for more easing policies.
The price of gold is soaring! Can the explosive market of gold continue? Differences arise among Wall Street investment banks.
The Era of Interest Rate Cuts and Middle East Warfare
The Israeli army launched a “large-scale attack” on Hezbollah targets! The sharp rise in gold prices is approaching the first target, an analysis of intraday gold trading in well-known institutions
At the end of Monday's Asian session, spot gold rose again in the short term, with prices reaching a new record high of $2631.37 per ounce. According to Economies.com, the price of gold is approaching its first call target of $2634.50 per ounce, and if it breaks through this level, it will pave the way for further significant gains in the price of gold.
Express News | Gold prices hit another record high, key economic data to be released in the usa this week may reveal clues to the interest rate cut path.
Gold reached a new high of 2630, and bitcoin soared to 0.0644 million! Two major technical indicators trigger a "bull market" signal...
Japan and the Fed simultaneously announced monetary policy decisions, with gold surging to $2,630 to reach a historic high, bitcoin breaking through $64,400, and the RSI indicator triggering a bull market signal.