Two major bearish factors press down on the USA! Gold prices at 2687 show weak recovery. FXEmpire's latest technical analysis on Gold, Silver, and the USD.

USA PPI data exceeded expectations, the number of initial unemployment claims rose sharply, Gold is struggling to rise at 2687 dollars, and the strong dollar is back in focus as the market closely watches the pricing of next week's FOMC interest rate decision.

FX16853minutes ago

After the sharp drop in Gold prices, important Resistance levels are maintained! Bulls are targeting this goal. Analysis of Gold Trade by well-known Institutions.

On Friday, during the late trading hours in Asia, spot Gold maintained an intraday rebound trend, with the current gold price around 2687 dollars per ounce. According to Economies.com, despite the decrease in gold prices yesterday, it held above the main Resistance. Additionally, there are other technical factors that are Bullish for Gold, with the bullish target aiming at 2745.00 dollars per ounce.

FX16813:39

Gold Price Trades With Positive Bias; Remains Below $2,700 on Fed Rate Cut Expectations

FXStreet12:20

The technical outlook "changes" after the gold price plummets! How will it proceed next? FXStreet's chief Analyst analyzes the technical prospects of Gold.

#Gold Technical Analysis# 24K99 News On Friday (December 13), during the Asian market session, spot gold rebounded slightly after a sharp drop yesterday, with the gold price currently around $2686 per ounce.

FX16811:13

Institutions: The bull market for Gold may not be over yet.

The geopolitical and financial environment has become increasingly complex, making Gold reserve management more meaningful than ever before. Trump's rise to power seems less like the final chapter and more like an overture. As the imposition of tariffs globally may gradually transition from a 'campaign agenda' to reality, the continuation of de-dollarization and geopolitical changes remains a baseline assumption, and the probability of a short-term shift in central banks' attitudes towards Gold reserves is relatively low. Currently, there are no signs of a reversal or even a weakening in what drives this round of the Gold bull market; Gold should continue to maintain a bullish outlook.

Heavenly wind research10:21

Gold prices have plummeted! The World Gold Council: Market growth may slow down in 2025.

What will the future trend be.

Gelonghui Finance09:53