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Is the bull market for gold prices starting again? Investment banks urgently call: targeting 3,100 dollars in the second quarter!
① In the past week, the uncertainty of the global economy and Trump's tariff plan have triggered a sell-off in the USA stock market; ② Behind the risk-averse sentiment prevailing in the USA market, Gold seems to be shining once again.
Gold's technical aspects have broken significant levels! Important news regarding the ceasefire between Russia and Ukraine, causing Gold prices to surge nearly 18 dollars. How to Trade Gold?
On Wednesday (March 12), due to uncertainty around tariffs driving Capital Trend towards safe havens, the cooling of inflation in the USA kept market expectations for a Federal Reserve interest rate cut unchanged. Additionally, market optimism regarding a ceasefire between Russia and Ukraine has diminished, resulting in a significant rise in Gold prices, breaking through the recent Trade Range.
Safe-haven Gold Rises Again, Aided by Tariff Uncertainty and Cooler Inflation Report
Institution Trade Plan: With risk aversion emotions rising again, will Gold strive to reach a new high? (News edition)
Gold support is accurately verified, and there are still opportunities to go long above this level of the US dollar index. There are signs of weakening upward momentum in the Euro and the US dollar, and the space for the British pound to US dollar pullback is limited...
Gold Trade Reminder: This major event is bound to ignite the market! FXStreet's chief Analyst analyzes the technical outlook for Gold.
On Wednesday (March 12), during the Asian market, spot Gold maintained a strong trend after a significant increase yesterday, with the gold price currently around $2,919 per ounce.
Gold has suddenly surged! The price of gold skyrocketed by over 26 dollars in a single day. How will the Trade of gold proceed next?
#Gold Technical Analysis# 24K99 News Due to the weakening of the dollar and concerns about economic slowdown triggered by the trade war, gold prices surged nearly 1% on Tuesday (March 11).