Reasons for the "technical pullback" of Gold: all three Indicators point to "adjustment", and even "not a small extent"?

Indicators of economic slowdown have raised red flags, and the Capital Trend reflects an abnormal response to the market's intense enthusiasm followed by a sharp cooling. Technical Indicators show that the price of gold is excessively deviated from the long-term moving average.

wallstreetcnApr 26 17:51

Trump's "face change" causes a huge shock in Gold! What to watch for in the future direction of gold prices?

For a long time, investors have regarded Gold as an asset that retains value during periods of economic uncertainty.

Futu NewsApr 25 17:29

Is a quick pullback in Gold a good opportunity to build a position? The fund manager bluntly stated: It is much more reliable than the US stock market!

①This week, gold prices in Shanghai fell after rising for seven consecutive weeks, with international gold prices dropping from a historic high of $3,509.9 per ounce to around $3,300; ②Some Fund managers suggest that investors take advantage of the pullback to gradually build up gold positions, emphasizing that gold has significant upside potential in the long term; ③It was pointed out that global financial market issues have already involved sovereignty, and the only way to resolve sovereign risk may be through physical gold.

cls.cnApr 25 16:34

Both Wall Street and Main Street are in a frenzy! Gold has become the new darling of investment.

Recent market fluctuations have sparked the interest of the American public in physical Gold, and the business of jewelers in New York is booming.

Golden10 DataApr 25 10:52

How will gold prices move after the surge? Bullish targets aim to overcome this important resistance. FXStreet Chief Analyst's analysis of gold price technical outlook.

On Friday, spot Gold remained mostly stable after a surge in the previous Trade, with the current price around 3350 dollars per ounce. FXStreet Chief Analyst Valeria Bednarik pointed out that if the Gold price breaks through the resistance near 3370 dollars per ounce, it should open the door for a more sustainable rebound in the Gold price.

FX168Apr 25 10:47

"They bet their entire life savings" - Foreign media: China's gold speculation trend becomes a Global force supporting gold prices.

Foreign media marvel at China's Gold rush: ETF surges, gold bar buying frenzy, and soaring Futures volume, the support for the Global gold market is forming in the East.

Golden10 DataApr 25 09:42