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Gold market is about to take off! How to trade after the sharp drop in gold price caused by heavyweight data from the USA and Trump?
#Gold Technical Analysis# 24K99 News On Monday (December 2) during the European session, spot gold continues to decline, currently around 2628 dollars per ounce, with a day drop of 22 dollars.
Gold Bulls Firm As Prices Rebound Above US$2,681
After the sharp drop in gold prices, a significant technical breakdown has occurred! Renowned institutions latest trade analysis: Gold prices may face another significant drop of over $20.
#Gold Technical Analysis# 24K99 News On Monday (December 2), at the end of the Asian market, spot gold continued its decline during the day, with the current gold price around $2,623 per ounce, down more than $27 for the day.
Gold Price Remains Heavily Offered Amid Renewed USD Buying Interest
Trump's remarks sparked a major market rally! Gold prices plummeted by $25. How do investors profit from closing out? Two charts to look at the technical outlook for gold.
At the start of the Asia trading session on Monday, the USD index showed an upward trend, with spot gold just experiencing a short-term sharp decline, currently falling to around $2625 per ounce, with an intraday drop of $25. The USD index is currently at 106.21, up 0.4% intraday. Analysts point out that Trump's latest tariff threat is driving the USD stronger.
Gold Slips as Trump's BRICS Currency Warning Boosts US Dollar
Gold experiences a sudden explosive market! The price of gold plummeted to a low of $2630 once, with Trump's 'astonishing' weekend remarks. How to trade gold?
On Monday morning in Asia, spot gold experienced a sharp decline, with prices briefly dropping below the $2630 per ounce mark, reaching a low of $2629.71 per ounce. FXStreet analyst Lallalit Srijandorn pointed out that in the Monday Asian session, gold prices fell due to the recovery of the dollar putting downward pressure on gold.
What exactly happened!? Gold prices plummeted by more than $65 this week related to Trump. How to trade next week as the non-farm payrolls are approaching?
#Gold Technical Analysis# 24K99 News This week, spot gold closed down more than 2%, settling slightly above $2650 per ounce.
Gold Rises but Wrap up Worst Month in More Than a Year on Trump-driven Selloff
Gold: Cautious Recovery After Fall
The reason for the sudden surge in gold prices has been identified! How will gold prices move next? FXStreet analyst's latest analysis on gold trade.
On Friday during the Asian market, spot gold suddenly surged significantly, with the current gold price surpassing the $2660 per ounce mark, rising $23 intraday. FXStreet analyst Haresh Menghani noted that, from a technical perspective, the gold price broke through the $2649-$2650 per ounce barrier during the day, which is seen as a key trigger by bulls.
【Directly attacking the Asian market】 A piece of data triggers a surge in the yen! Gold has just broken through 2660, and the risk of the French government collapsing has increased.
FX168 Financial News (Asia-Pacific) reported on Friday (November 29) that due to Tokyo's inflation data being higher than expected, the yen strengthened, while asian stock markets showed mixed performance.
Gold's nine-month consecutive rise momentum may come to an end! Can it still be bullish before the end of the year?
Analysts point out that unless something radical happens, gold's longest monthly winning streak in 24 years may end this month.
Be alert for today's "huge" fluctuations in gold prices! FXStreet senior analyst: gold prices are likely to drop by more than 35 dollars again.
In the early European session on Thursday, spot gold remained essentially flat, with the current gold price near $2636 per ounce. FXStreet senior analyst Dhwani Mehta warned that due to thin liquidity caused by the Thanksgiving holiday, gold prices may still experience severe fluctuations.
Eastern European central banks are aggressively purchasing gold, becoming the largest buyers globally. Will gold prices rise to 3000 dollars?
Central banks in Eastern European countries are accelerating their gold purchases to diversify investments and cope with external shocks, with the Czech Republic, Poland, Serbia and other countries becoming the largest buyers of gold together.
Many gold buyers have emerged in Eastern Europe!
For Eastern European leaders, gold is seen as a safe haven and a political selling point.
Gold's explosive market situation strikes! Gold prices fell nearly 18 dollars in a short time. FXStreet's chief analyst analyzes the technical outlook for gold.
On Thursday, during the early trading session in the Asian market, spot gold suddenly plunged sharply, just dropping near $2621 per ounce. FXStreet's chief analyst Valeria Bednarik said that due to the bearish control situation, gold fell from its daily highs, facing the risk of further decline.
Gold suddenly turned around! Gold prices plunged nearly 25 dollars from their peak. The reason is here. How to trade gold?
#Gold Technical Analysis# As of Wednesday (November 27th) during the New York trading session, spot gold staged a scene of "high-altitude diving", with the price plunging nearly $25 from the intraday high point.
Gold Recovers for Second Straight Day After Monday's Sharp Slide