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The gold price has once again broken through 2700 dollars during the session! Wall Street is bullish, and will the Gold ETF likely take off accordingly?
Recently, Morgan Stanley released the 2025 Commodity Outlook report, stating that Gold remains the "best choice" for hedging uncertainties, expecting the price to rise to $3000 per ounce next year, with an average of $2950 per ounce by the fourth quarter.
Gold Takes a Breather at $2,700 With All Eyes on US Inflation
"Assets that no one can freeze" - Russia rekindles its obsession with Gold.
To support that war, the Kremlin could only buy Gold in bulk and exchange it for hard currency through a new "Gold trade route." This might be the reason why spot prices are reaching new highs...
The differences in the spot and futures prices of Gold have sparked heated discussions! Are the bears being "strangled"?
Traders need to pay attention to liquidity risk, especially during periods of abnormal market fluctuations, and try to avoid trading in environments with high spreads or insufficient liquidity.
Gold: Technical Reversal Here Could Spark a Selling Spree
What happened?! Gold suddenly plunged sharply, with the price dropping nearly 30 dollars from the day's high. How to trade Gold.
#Gold Technical Analysis# On Wednesday (December 11), during the Asia market's late trading, spot Gold suddenly plunged significantly, falling to a low of $2674.69 per ounce, nearly dropping $30 from the earlier reached intraday high.