Commodity Roundup: Gold Back Above $2,600, ING Sees Oil Market Surplus Through 2025
After a period of consolidation at high prices, gold prices have strengthened again, and gold etfs have collectively rebounded! Is the opportunity to invest here?
Goldman Sachs believes that the unprecedented escalation of trade tensions and the growing concerns over inflation and fiscal risks will lead to an increase in demand from speculative positions and etf.
Daily options tracking | New auditors have come on board! The super micro computer surged over 30% before trading, with yesterday's call ratio skyrocketing to 65%; DJT is reported to be in talks to acquire the trading platform Bakkt, with multiple call op
Microstrategy, known as a "bitcoin hold positions whale," rose nearly 13% yesterday, with options volume reaching 0.43 million contracts, and the call ratio increasing to 58.4%; the highest volume for calls expiring this Friday with a strike price of $400 was 0.017 million contracts, an increase of over 80%.
How to trade after gold has risen sharply? This level may become a strong resistance according to FXStreet senior analyst's technical analysis of gold prices.
In early European trading on Tuesday, spot gold maintained its intraday rebound, with the current gold price near $2620 per ounce. FXStreet senior analyst Dhwani Mehta pointed out that during the gold recovery process, the gold price may encounter sellers at the resistance level of $2655 per ounce.
Is gold still worth buying? The opinions of three Wall Street investment banks are divided.
Goldman Sachs, JPMorgan, and UBS Group have divergent views on the outlook for gold, but they all point out a key supportive factor.
Gold price broke through the technical level and is trending upwards! Well-known institutions: Gold prices may have more than $30 room to rise.
On Tuesday in the Asian market afternoon, spot gold maintained an intraday rebound trend, with the price currently near $2624 per ounce, rising nearly $13 during the day. According to Economies.com, the gold price has broken above the key trendlines level, with the outlook turning bullish, targeting the first goal at $2655.00 per ounce.