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Gold prices have plummeted this week! What actually happened? The Federal Reserve's decision and the non-agricultural sector risk detonating the gold market next week
Spot gold closed down 2.3% this week, the biggest drop since December last year. FXStreet analyst Eren Sengezer notes that despite closing down this week, gold is still technically bullish. The Federal Reserve's monetary policy announcement and US employment data may affect next week's gold trend.
FX168Apr 27 16:43
Gold prices plummeted by more than 2% in a single week, the biggest drop since December! Two pictures look at the technical prospects of gold and how investors can make a profit
#黄金技术分析 #24K99讯 Spot gold closed at around $2,338 per ounce this week, with a weekly decline of 2.3%, the biggest drop since December last year.
FX168Apr 27 12:10
The dollar is getting stronger! Has the rise in gold prices been blocked? Experts warn: Gold surpasses Bitcoin as the best safe haven tool, pay attention to the 10% price adjustment
Commodities tend to peak after major geopolitical events, but don't ignore the 10% fluctuation in any direction that gold may occur.
FX168Apr 27 03:50
Silver Price Forecast: XAG/USD Remains Sideways Near $27.60 as Investors Reassess Fed Rate Cut Bets
Silver price consolidates around $27.60 as traders reprice Fed rate cut hopes.
FXStreetApr 26 21:53
Has the price of gold peaked? World Bank: Will rise 8% this year
Even if there is some consolidation, investors should not expect gold to drop too much from current levels.
Golden10 DataApr 26 15:39
Strong demand from China continues to support the market! Market Analyst: Gold pullback unexpectedly fell short of expectations, and the Central Bank of China's purchases sent a strong signal
Market analysts said that the gold pullback this week unexpectedly fell short of expectations, and strong demand for gold in China is expected to continue to support the market.
FX168Apr 26 15:33
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