Gold has experienced a sudden surge in the market! The price of gold during the Asian session soared by nearly $17. The latest analysis of gold's intraday trading by reputable institutions.
On Thursday, the Asian session closed with a sudden acceleration in the short-term price of gold, with the price just breaking through $2575 per ounce, rising more than $16 for the day. According to Economies.com, the gold price has successfully reached its target price of $2600.00 per ounce; after a brief bearish adjustment, the gold price resumed its upward trend and is currently testing $2600.00 per ounce again.
Why Gold Has Outperformed Gold Miners
After the Federal Reserve aggressively cut interest rates by 50 basis points, Powell triggered a violent pullback in the gold price! How should one trade gold next?
The gold market in New York experienced dramatic volatility during Wednesday's session. After the Federal Reserve cut interest rates by 50 basis points, spot gold briefly hit a new all-time high. However, Powell's speech caused the price of gold to plummet significantly from its high, falling below $2,550 per ounce at one point. FXStreet analyst Christian Borjon Valencia pointed out that the price of gold briefly reached a historical high of $2,600 per ounce. However, buyers were unable to break through this level, which may pave the way for a pullback in gold prices.
Shocking! Gold price plunges over $53 after Powell's speech from historical highs. What's going on?
#Gold Technical Analysis ##Fed Policy Shift#24K99 News After a 50 basis point rate cut by the Fed on Wednesday (September 18th), Fed Chairman Powell hinted that policy makers were not in a hurry to significantly reduce interest rates, and the gold price fell sharply from its historical high by more than 53 dollars.
Gold Jumps to Record High Before Swinging to Loss After Fed's Jumbo Rate Cut
IShares Silver Trust Options Spot-On: On September 18th, 604.64K Contracts Were Traded, With 5.81 Million Open Interest
On September 18th ET, $iShares Silver Trust(SLV.US)$ had active options trading, with a total trading volume of 604.64K options for the day, of which put options accounted for 33.09% of the total
Gold and Silver Are Trading Higher After the Federal Reserve Cut Rates by 50 Bps.
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Daily options tracking | Bullish signals everywhere! Intel's multiple call options have doubled in premium and surged; Gold ETF trading is hot, with the call-to-put ratio climbing to 63%.
Tesla's trading volume yesterday surged 30% compared to the previous trading day, reaching 1.22 million shares. The call option chain skyrocketed to 65%. Among the options chain, the long positions occupy the main position, with the largest volume being the call option with a strike price of $235 expiring this Friday, with a volume of 0.1 million shares.
Leading institutions: as long as this level is maintained, the price of gold may still have a large increase of nearly $30.
#Gold Technical Analysis# At the early European session on Wednesday (September 18), spot gold rose in the short term, and the price of gold once again returned to above $2570 per ounce.
Will the Federal Reserve welcome its first interest rate cut in four years? Will gold have a bright future?
Not just a simple rate cut! This Fed meeting has a lot of information, investors must fasten their seat belts tonight.
Is the Fed's rate cut cycle "terrifying"? Analyst at ANZ Bank: Gold prices will explore $2,900!
ANZ analyst said that investors should pay attention to the overall interest rate trend, whether the interest rate is cut by 25 or 50 basis points this week, and there will be further interest rate cuts in 2025. The price of gold will rise to $2900 by the end of next year.
Wall Street's "short god": If Harris is elected, he will hold gold and cash.
During the financial crisis, the Wall Street 'God of the Void' Paulson warned that Harris's economic policies would cause investors to panic and lead to the collapse of american financial. If she wins, he will withdraw his money from the market.
Gold Is Giving You a Once-in-a-generation Buying Opportunity on Its Way to 4,400
IShares Silver Trust Options Spot-On: On September 17th, 243.83K Contracts Were Traded, With 5.81 Million Open Interest
On September 17th ET, $iShares Silver Trust(SLV.US)$ had active options trading, with a total trading volume of 243.83K options for the day, of which put options accounted for 21.5% of the total
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