Gold trading reminder: Be cautious of the sharp volatility caused by USA PCE data! FXStreet Chief Analyst's technical analysis of gold prices.
#Gold Technical Analysis# 24K99 News On Friday (September 27), in the Asian market session, spot gold remained stable, with the current price trading around $2670 per ounce.
China stimulates the global csi commodity equity index: London copper 'breaks ten thousand', iron ore 'breaks one hundred'!
In recent trading days, with the multiple measures of China's monetary and fiscal stimulus policies, not only has it driven the A-share market to soar, but it has also helped some global csi commodity equity index, showing a rebound similar to a "dragon wagging its tail"... On Thursday, London copper steadily rose above the $10,000 integer mark, Singapore iron ore futures reclaimed the 100 mark, and spot silver prices reached a 12-year high!
Wheaton Precious Metals Corp. Is Maintained at Buy by Eight Capital
Stifel Downgrades Wheaton Precious Metals(WPM.US) to Hold Rating, Raises Target Price to $66.34
Stifel Nicolaus Keeps Their Hold Rating on Wheaton Precious Metals (WPM)
Express News | Spot gold hits a new high again, with gold futures breaking through the $2700 mark.
The position of gold is increasingly rising! Is the dollar in "danger"?
According to bank of america, gold has surpassed the euro to become the second largest reserve asset after the dollar.
Gold: Why Bullish Sentiment Shouldn't Worry Investors
Gold Could Test US$2,775 Next: RHB
Gold quickly breaks through $3000! Senior economists: The price of gold is actually beginning a second round of increase...
Senior economists indicate that gold is expected to soon break through $3,000, and the price of gold is actually starting its second round of increases. They emphasize that central banks still have a huge demand for gold.
Gold price breaks through the resistance of the call channel! Well-known institutions: Gold price has further opened up room for substantial increase.
On Thursday afternoon in the Asian market, spot gold maintained an intraday rebound trend, with the current gold price trading near $2,663 per ounce. According to Economies.com, the gold price is attempting to accumulate positive momentum and has already broken through a key resistance level, opening up further room for gold to rise.
India's gold demand is expected to remain strong in the coming months as tariffs are lowered during the gold buying season.
①India, the world's second largest consumer of gold, recently reduced gold import duties, and with traditional festivals and wedding seasons approaching in India; ②This will drive continuous strong gold purchases in India, and global gold demand is expected to remain robust in the coming months.
Gold price aims at $3300 before a significant correction! Three technical charts prove: the gold bull market has arrived...
Industry leaders anticipate that gold may rise to a high of $3,300 before experiencing a major pullback. He stated that the weekly chart's stochastic oscillation indicator for gold rarely stays above 90 for a long time, but is currently at that level.
Gold Lingers Near Record Highs, Powell's Speech Eyed for Rate Cues
"Is the opportunity to "get on the bus" here? Gold and silver may pull back in the coming weeks.
The technical analyst mentions that there are signs of exhaustion in the upward trend of gold and silver, but the pullback is an opportunity to buy on dips.
RBC Capital Remains a Hold on Wheaton Precious Metals (WPM)
Major news of a sudden drop in gold price by nearly $14 from its historical high as the Middle East ceasefire is announced. How to trade gold?
On Wednesday, spot gold once broke through $2670 per ounce during the trading session, hitting a historical high, but later the price retreated, closing near $2656 per ounce. Analysts point out that gold's technical indicators are indicating overbought conditions, putting downward pressure on the price.
Why Gold Continues to Hit Record Highs
ETF Investors Take Notice as Gold Hits Fresh Record High
Analysts' Top Materials Picks: Corteva (CTVA), Wheaton Precious Metals (WPM)