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Has the cooling of the trade war led to a "flash crash" in gold prices? Gold has lost the key level of 3200!
In just three short hours, spot Gold plummeted by 50 dollars, breaking through the 3200 mark. Where is the bottom of Gold?
Gold prices plummeted nearly 20 dollars in the Asian session, and the reason is here! Latest technical analysis of gold prices by FXStreet's senior Analyst.
At the end of the trading day in Wednesday Asia, spot Gold continues to decline, and the current price is around $3230 per ounce, having plummeted nearly $20 during the day. FXStreet Senior Analyst Dhwani Mehta stated that sellers are trying to regain control of Gold prices due to investors' optimism about the USA potentially reaching trade agreements with some major trading partners.
May 14 Technical Analysis Report: Spot Gold, Crude Oil Futures.
This article summarizes the latest views of Economies.com analysts today, covering multiple products such as spot gold, WTI crude oil futures!
Top executives from Morgan Stanley and UBS Group: Wealthy clients are dumping US dollars, buying Gold, and increasing their positions in China!
Executives from Morgan Stanley and UBS Group reveal that super-rich individuals are bullish on China's assets, with a surge in allocations to Gold and Cryptos!
Prepare for a significant pullback in Gold! FXStreet Analyst: If this scenario occurs, the price of gold may experience a sharp decline.
#Gold Technical Analysis# 24K99 News On Wednesday (May 14), during the early session in Asia, spot gold returned to a downward trend after a slight rebound yesterday, and the current gold price is around 3239 USD/ounce.
Wheaton Precious Metals Corp. Stock Falls Tuesday, Underperforms Market