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Gold is accelerating its short-term decline! The price of gold has just fallen below $2,320. Institutions' latest analysis of gold trading.
At the end of the Asia market on Monday, spot gold fell sharply in the short term, and the price just fell below the $2320/ounce mark. According to Economies.com, bearish signals have been issued on the technical side for gold, and as long as it remains below $2340.10/ounce, the outlook for gold remains bearish.
Gold suddenly sees significant pullback! The price of gold drops nearly $10 according to FXStreet analyst's technical analysis.
#Gold Technical Analysis# On Monday (June 17), during the Asian trading session, spot gold failed to continue its strong upward trend from the previous trading day and experienced a clear correction. Currently, the price has fallen to around 2322 US dollars/ounce, with a significant drop of nearly 10 US dollars during the day.
The drop of $40 in gold after a sharp rise proves one thing! Analysts: Mainstream investors are in trouble...
Analysts in the market say that gold has fallen from $2341 earlier this week to $2301, proving that mainstream investors are in trouble, and warning that a collapse of the U.S. economy is only a matter of time.
Gold demand in Asia continues to be strong, and the Chinese market is the biggest driving force.
This year, more than 40 countries are holding elections, making political risks a major theme of the Asia-Pacific metals conference.
Gold experiences a sudden big event! The price of gold has dropped more than 16 US dollars. How to trade gold after Powell hawkishly speaks?
#Gold Technical Analysis##Fed Policy Meeting# 24K99 News On Thursday (June 13th), spot gold suddenly fell sharply in early Asian trading, and the gold price is currently around 2308 US dollars/ounce, plunging more than 16 US dollars on the day.
Gold Price Stays Firm as Fed Holds Rates and Tilts Hawkish
Gold trades at $2,318, up 0.13%, supported by lower-than-expected US inflation and falling Treasury yields. as Fed holds rates steady.