Jinshi Data Global Financial Breakfast | September 3, 2024
Gold fell below the key level of 2500, while the US dollar reached a two-week high and then fell back! There was an explosion in the Afghan capital, Kabul, and a super tanker in the Red Sea was attacked by Saudi Arabia. Hamas hinted that if the Israeli military tries to approach for a rescue, the hostages will be executed... What major events happened globally last night and this morning?
Technical Report by Mr. Liu: Gold is still under pressure from pivot points. Keep an eye on whether US oil can test the first resistance.
Silver focuses on this support, the US dollar targets the first resistance, and GBP/USD once tests the key support...
Panic spreads! Gold breaks below the 2390 mark, while silver slumps by 6%.
The global stock market crash has made traders feel uneasy, and the precious metals market has also fallen.
Technical analysis report on June 21: gold and crude oil.
This article summarizes the latest views of economists at Economies.com today, including spot gold, crude oil, and other varieties!
Silver Price Forecast: XAG/USD Manages Firm Footing Above $29 as Fed Early Rate-cut Bets Surge
Silver suddenly experienced fierce selling! The price of silver fell nearly 2% during the day. The latest analysis of silver trade by well-known institutions.
During Tuesday's Asian market session, spot silver experienced a sudden severe sell-off, and the silver price is currently around $29.15 per ounce, with a daily drop of nearly 2%. According to Economies.com, as long as the silver price stays below $29.30 per ounce, the outlook remains bearish.