Gold remains at a high level, and the decline in oil prices seems unstoppable: how does the market interpret the Trump effect?
Has the rise of Gold slowed down due to a technical correction or a fundamental turning point? Oil prices have fallen for five consecutive days, and the market is waiting for further guidance on Trump's policies...
Gold is brewing for the next surge! Senior Analyst: If it closes above this level, Gold prices are expected to target historical highs.
On Thursday morning in the European market, spot Gold maintained a moderate decline during the day, currently priced around $2753 per ounce. FXStreet Senior Analyst Dhwani Mehta stated that the Gold price must seek a daily closing price above the November 2024 high of $2762 per ounce to aim for the next target near the resistance level of $2790 per ounce.
Gold Rally Gains Traction, Next Stop US$2,900?
If this level is broken, the technical outlook for Gold prices will "change drastically"! Renowned Institutions' analysis of Gold intraday Trade.
On Thursday, in the late Asian market, spot Gold maintained a moderate decline during the day, with the price currently around $2751 per ounce. According to Economies.com, after a significant rise, Gold has lost its momentum for a rebound, and the technical outlook has turned bearish. However, if it breaks above $2755.00 per ounce, the price of Gold is expected to return to a Call trend.
Gold Price Fundamental Backdrop Seems Tilted in Favor of Bullish Traders
Validate the determination of Gold bulls: Goldman Sachs traders discuss the resilience of Gold.
Despite the strengthening of the US dollar and real interest rates at the beginning of January, the Bid for Gold Futures continues to accelerate.
Trump rarely threatens Putin! Strong demand for safe-haven assets drives Gold prices to a three-month high. How to Trade Gold.
On Wednesday, despite the strengthening USD, Gold prices surged to a nearly three-month high due to strong safe-haven demand triggered by Trump's remarks. FXStreet Analyst Christian Borjon Valencia noted that despite the rise in the USD, the increase in Gold indicates strong safe-haven demand. Geopolitical tensions in the Middle East are escalating, while the USA may take economic measures against Russia.
Hong Kong stocks Concept tracking | International gold prices hit new highs! The prices of solid gold jewelry are rising as well. Institutions: There is still room for growth in the medium to long term (with related stocks attached).
The relevant analysis indicates that the main reasons for the rise in Gold include the decrease in USA CPI data, the increase in M2 MMF supply, the uncertainty of Trump's policies, expectations for interest rate cuts by the Federal Reserve, technical support, and Global economic uncertainty.
Gold Hits Highest Price Since October Amid Trump Tariff Talk
Gold has suddenly plummeted! The gold price has just fallen below 2750 dollars. FXStreet Analyst's analysis on gold trading.
On Wednesday in Asia, at the end of trading, spot Gold suddenly plummeted after approaching $2760, with the price just dropping below the $2750 per ounce mark, currently around $2747 per ounce. FXStreet senior Analyst Dhwani Mehta stated that the Gold price must break above the psychological mark of $2750 per ounce by the end of the day to challenge the high of $2762 per ounce in November 2024.
Gold prices have successfully broken through the first Call target! Gold prices have surged close to 2760 USD, a well-known Institutions Gold Trade analysis.
#Gold Technical Analysis# 24K99 News On Wednesday (January 21), in the Asian market close, spot gold continued its strong upward trend for the day, and the gold price is currently approaching $2760/ounce, with an intraday increase of nearly $15.
Hong Kong stock Concept tracking | Investors prepare for policy changes, gold price upward logic remains unchanged (with Concept stocks)
Analyst: In the coming weeks, risk aversion will provide momentum for the rise in Gold prices.
The space for a significant rise in Gold has opened! Senior Analyst at FXStreet: Gold prices are expected to soar by more than 40 dollars.
During Wednesday's market in Yashi City, the spot Gold maintained an intraday rebound trend, and the current gold price is around 2750 dollars per ounce.
The reason for the astonishing surge in Gold price by 37 dollars is here! It's not just the threat of tariffs from Trump. How to Trade Gold?
#Gold Technical Analysis# 24K99 news On Tuesday (January 21), influenced by Trump's tariff threats, investors flocked to the safe-haven asset Gold. Additionally, the dollar rose and then fell, while US Treasury yields sharply declined, causing Gold prices to soar to their highest point in over two months.
Trump's tariff threats trigger safe-haven buying, and gold prices are expected to rise by about $25! FXStreet Senior Analyst's analysis on gold trading.
On Tuesday morning in the European market, spot Gold maintained its intraday rebound, currently priced around $2725 per ounce, up about $18 for the day. FXStreet Senior Analyst Dhwani Mehta stated that due to Trump's tariff threats, Gold buyers are turning their attention to $2750 per ounce.
Bullish Sentiment Intact For COMEX Gold
Trump's remarks have driven Gold prices up by nearly $20 intraday! Bulls are targeting this resistance, according to analysis from well-known Institutions on the Trade of Gold.
#Gold Technical Analysis# 24K99 news On Tuesday (January 21), in the Asian market's late trading, spot gold maintained a rebound trend, with the current gold price around 2727 USD/ounce, rising nearly 20 USD during the day.
Trump has stated that a "Global Universal Tariff" may be imposed, and Gold has significantly broken through! Analyst: Gold prices are aiming for historical highs.
On Tuesday during the Asian session, spot Gold maintained a strong rebound, with the current price around 2727 dollars per ounce, having risen nearly 20 dollars during the day. FXStreet Analyst Pablo Piovano stated that Gold prices are still focused on historical highs.
In November, 43 tons of Gold were purchased in a buying frenzy! Goldman Sachs revealed a "mysterious Gold buyer": an anonymous central bank circumventing the Swiss Franc.
Goldman Sachs estimates that in November last year, the central banks and Institutions' over-the-counter Gold Bid reached 117 tons, far exceeding the expected 46 tons. Among them, an anonymous central bank purchased 43 tons of Gold through Swiss Franc channels, second only to China's central bank's 50 tons of Bid.
Trump's significant tariff remarks trigger a surge in Gold prices! Gold prices briefly soared by 17 dollars. How to Trade Gold?
On Tuesday during the Asian market, due to Trump's remarks on tariffs stimulating a rise in safe-haven sentiment, spot Gold suddenly surged quickly, with prices soaring by 17 dollars in a short time, currently close to the 2720 dollars per ounce mark. Trump plans to impose tariff measures on Mexico and Canada no later than February 1, with rates potentially as high as 25%, and reiterated his position that these two neighbors of the USA are allowing illegal immigration and drugs to enter the USA.