Gold Slides for Fourth Straight Day as Hopes Recede for More U.S. Rate Cuts
The sixth consecutive trading day has seen a decline! Should gold bulls be cautious?
The hot gold trade seems to be entering a retracement phase, pay attention to this key turning point...
Many individual investors are 'chasing after' the gold fever, is it still not too late to buy high?
According to Bank of America analysis, most retail investors have missed the rebound in the price of gold.
Retail Investors Mostly Missed This Gold Rally - Too Late to Chase?
Europe Natural Resources Fund: Expectations of Fed rate cuts weaken, rate cuts are becoming more cautious.
In September, the USA added more jobs than expected by the market, causing the market to change the rate cut for November from 50 basis points to 25 basis points, reducing the popularity of gold.
Gold suffered a sudden short-term sell-off! The price of gold just fell below $2610. How to trade gold as the Federal Reserve minutes approach?
#Gold Technical Analysis# 24K99 News On Wednesday (October 9th) in the early European session, spot gold suddenly plunged rapidly in the short term, with the gold price just falling below the $2610/ounce mark.
Gold price successfully reached the target price after a major drop! Well-known institutions warn: breaking below the next target could trigger even larger sell-offs.
On Wednesday, in the Asian afternoon session, spot gold continued to be under pressure after a sharp decline yesterday, with the current price near $2619 per ounce. According to Economies.com, the gold price has already reached the target price set earlier at $2635.06 per ounce. If it falls below the next bearish target of $2603.87 per ounce, the gold price may further decline.
Gold suddenly experienced a sharp pullback! Major ceasefire signals from the Middle East, gold prices plummeted by more than $20. How to trade gold
On Tuesday, October 8th, spot gold experienced a sharp pullback, with the price closing down more than $20, briefly dropping towards the $2600 per ounce mark. FXStreet analyst Christian Borjon Valencia wrote an article on Wednesday analyzing the price trend of gold.
Chinese Central Bank Did Not Buy Any Gold in September Either – Commerzbank
Gold Edges Lower for Third Day Despite a Weaker Dollar and Mixed Yields
Receding Rate-cut Expectations Weigh on Gold Price – Commerzbank
Gold continues to trade sideways, with both bulls and bears retreating.
Bulls see the gold rally weakening and choose to take profits, while bears fear geopolitical storms. Where will the gold price go?
Iran just issued a warning! The Israeli Defense Minister will soon go to the usa, be cautious as the situation suddenly heats up, pushing up the price of gold. How to trade gold?
#Gold Technical Analysis# 24K99 News On Tuesday (October 8th), in the early European session, spot gold maintained an intraday decline, with the current price of gold near $2,636 per ounce.
Gold price declines approaching key levels! Well-known institutions warn: breaking this level may trigger a significant gold price retracement.
#Gold Technical Analysis# At the close of the Asian market on Tuesday (October 8th), spot gold maintained an intraday decline trend, with the current price falling to around $2636 per ounce.
Peter Schiff, a Wall Street bigwig, gives an astonishing prediction about the price of gold!
Wall Street tycoon Peter Schiff pointed out that if the price of gold could rise from $20/ounce to $2,600/ounce, it could potentially reach $26,000/ounce, or even $100,000/ounce. Peter Schiff shared his views on global economic issues, including the weak US dollar, the resilience of the chinese economy, and the impact of US foreign policy on national debt.
Gold is losing buyers, and the price of gold may 'easily fall back' to $2300!
Analysts point out that the s&p 500 index is trading at dangerously high historical levels, requiring minimal effort to plunge the market into panic, thereby creating a liquidity trap that weighs on gold prices.
Hui Li: Middle East conflict escalates, gold will challenge historical highs again this year, aiming for $2800.
Recently, the main driving force for the sharp rise in gold prices has been largely influenced by geopolitical threats.
Sudden gold market situation! Gold price plunges $10 in the short term. FXStreet's chief analyst provides a technical analysis of the gold price outlook.
On Tuesday during the Asian market session, spot gold quickly fell from near $2648 per ounce to trade again near $2638 per ounce. According to FXStreet's chief analyst Valeria Bednarik, if the gold price effectively breaks below the $2638 per ounce level, the gold price may continue to decline.
Gold Nears Record High But Faces Pressure From Strong US Jobs Data
Israeli airstrikes on Iran sparked market trends! After a short-term surge in gold prices, how to trade gold?
On Tuesday's early Asian session, gold and crude oil markets suddenly experienced fluctuations. There were rumors of an Israeli airstrike on Iran, causing spot gold to briefly approach $2650 per ounce, while WTI crude oil also rose rapidly by 1%. However, upon verification, as of now, there is no confirmation of this from mainstream media or reliable sources. A few minutes later, the increase in gold price was wiped out, and the price fell back to around $2643 per ounce.