The opportunity to reach a new historical high in the price of gold has arrived! How to trade gold on key days when "terrifying data" strikes?
#Gold Technical Analysis# 24K99 News On Monday (September 16th), spot gold continued its upward trend and reached a new all-time high during the session.
Golden industrial concept continues to rebound, gold breaks through $2600 to reach a new high since listing, institutions believe sector valuation repair is expected.
Golden industrial concept continues to rebound. As of the time of publication, Chi Silver Gp rose by 3.51%; SD Gold rose by 3.03%; Chinagoldintl rose by 2.34%; Zijin Mining Group rose by 0.69%.
Hong Kong stock concept tracking | Gold prices continue to hit new historical highs, institutions are bullish on the following forecasts after the Fed's interest rate cut (with concept stocks)
The World Gold Council stated that global physical-backed gold ETFs saw inflows for the fourth consecutive month in August.
After the gold price reaches a new historical high, it will have even greater upside potential! Take a look at these two charts to understand the technical outlook for gold. How can investors profit and exit?
#Gold Technical Analysis# 24K99 News On Monday (September 16th), in the early Asian market, spot gold maintained a strong trend after a sharp rise last Friday, with the current gold price above $2581 per ounce.
Gold price hits a new high, two major tests are coming.
The main reason for this record high is not only the expected interest rate cut by the Fed, but also the official announcement of interest rate cut by the European Central Bank.
After "getting the US bond right", BofA's Hartnett: gold hedge against "secondary inflation", the best "contrary trade" is oil and metals.
Hartnett believes that whether it is Harris or Trump who finally becomes the President of the United States, it will not change the trajectory of the expanding government debt and ballooning deficit in the United States. Therefore, the market will turn to gold in a flight-to-safety sentiment, and it is expected that the price of gold will rise to $3,000 per ounce.