Commodity Roundup: Gold, Oil Ease as Traders Eye Fed Cues, European Gas Prices Fall
The "terrifying data" is coming, prepare for a big trend in Gold! FXStreet Senior Analyst's latest Trade analysis on gold prices.
#Gold Technical Analysis# 24K99 News On Tuesday (December 17), in the early European market, spot gold maintained a mild decline during the day, with the current gold price near $2647 per ounce.
Buckle up! "Terrifying data" may trigger severe market fluctuations. Latest trading analysis on the Euro, British Pound, Yen, and Gold.
# Forex Technical Analysis # FX168 Financial News (Asia-Pacific) reported that on Tuesday (December 17), during the early European session, the USD index was around 106.90; the spot Gold price was trading around $2654 per ounce.
Israel has made a heavyweight announcement! The price of Gold has suddenly dropped by 16 dollars. How to Trade Gold?
During the Monday New York trading session, spot Gold experienced a dramatic drop, resulting in the price of Gold closing on Monday with most of the day's gains erased. FXStreet Analyst Christian Borjon Valencia pointed out that the Relative Strength Index (RSI) fell below the neutral line, indicating that sellers are in control of the situation.
Gold Steadies as Traders Look to Final Fed Meeting of the Year
IShares Silver Trust Options Spot-On: On December 16th, 148.08K Contracts Were Traded, With 6.01 Million Open Interest
On December 16th ET, $iShares Silver Trust(SLV.US)$ had active options trading, with a total trading volume of 148.08K options for the day, of which put options accounted for 15.84% of the total
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Federal Reserve Policy Meeting
Commodity Roundup: China's Apparent Oil Demand Declines, Focus Turns to Fed
Daily Options Tracking | Entering the trillion-dollar Market Cap club! After Broadcom's earnings report, multiple call contracts earned over 10 times profit; is Bitcoin aiming for the $0.11 million mark? MSTR's implied volatility rose to 112% last Friday.
SoundHound AI rose over 23% on the previous trading day, with the Call ratio increasing to 71%, and the Options Chain volume increasing by 2.77 times to 0.525 million contracts. On the Options Chain, bulls are the market Block Orders, with the highest Call volume for this Friday's expiration at strike prices of $20 and $10, respectively 0.024 million and 18,000 contracts.
Gold has suddenly surged! The gold price has just surpassed 2660 USD as significant data from the USA arrives. How to trade Gold?
#Gold Technical Analysis# On Monday (December 16), during the early European market, spot gold suddenly surged quickly in the short term, with the gold price just breaking through the $2660 per ounce mark, rising nearly $14 during the day.
Gold prices have rebounded by more than 12 dollars from the intra-day low! Two charts to view the technical outlook for Gold. How can investors take profits?
On Monday in the Asian market, spot Gold continued to rebound, with the price currently rising to around $2,656 per ounce, rebounding more than $12 from the daily low of $2,643.38 per ounce touched earlier in the session. FXDailyReport Analyst Nicholas Kitonyi stated that from a technical perspective, according to the 60-minute chart, the Gold price is trading within a downward channel.
The price of Gold is forming a huge "cup and handle" bullish pattern! Analyst: Gold will reach 3000 dollars next year, with a short-term correction in the first quarter becoming a buying opportunity.
Analysts indicate that Gold has formed a significant cup and handle pattern on the monthly chart, forecasting that gold prices will rise to 3,000 USD next year, and the short-term adjustment in the first quarter may provide a strategic Buy opportunity.
After a 30% surge this year, who will buy gold next year? JPMorgan: Global central banks, Chinese mothers, and Western Gold ETFs all have room for growth.
Driven by macroeconomic uncertainty and expectations of interest rate cuts by the Federal Reserve, Global central banks, China Consumers, and Gold ETFs are set to become the main buyers of gold next year. JPMorgan predicts that the gold price may exceed $3,000 per ounce by 2025.
GOLD FUTURES LIKELY TO TRADE HIGHER NEXT WEEK
Gold's forecast for next week: The Federal Reserve's statement and dot plot may trigger market volatility! Latest technical outlook analysis for gold prices.
#Gold Technical Analysis# 24K99 News On Friday (December 13), due to the US dollar holding steady at its highest level in over two weeks, gold prices fell.
Gold Slides but Gains for the Week Ahead of Expected Fed Rate Cut
IShares Silver Trust Options Spot-On: On December 13th, 263.89K Contracts Were Traded, With 5.95 Million Open Interest
On December 13th ET, $iShares Silver Trust(SLV.US)$ had active options trading, with a total trading volume of 263.89K options for the day, of which put options accounted for 22.94% of the total
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Investors Eye Third Rate Cut
Trump discusses the possibility of war between the US and Iran: anything is possible, the situation is very unstable.
① The elected President Trump of the USA stated in a recent interview that he does not rule out the possibility of war between the USA and Iran; ② According to previous media reports, Trump will continue to exert maximum pressure on Iran during his second term.
Commodity Roundup: Oil and Gold Set for Weekly Gains on Global Woes