The price of gold fluctuated sharply by nearly $18 in a single day! What is the next step for gold? Analyst's latest gold price technical analysis

On Wednesday, spot gold fluctuated sharply. The intraday price fluctuated by nearly $18, and finally settled at around $2,310 per ounce.

FX168May 9 09:10

Express News | World Gold Council: The risk of stagflation is once again showing, but it may help the price of gold rise

BreakingsMay 8 21:05

Gold is likely to double in the next few years! Analyst: Long-term indicators prove that underestimating this round of the bull market has plenty of room for growth

24K99 News Gainesville Coins gold analyst Jan Nieuwenhuijs said that against the backdrop of the escalation of war, worrying asset bubbles, and sticky inflation, the price of gold denominated in dollars has broken through the resistance level over the years.

FX168May 8 15:47

Gold Price Retreats Amid Strong US Dollar, Falling US Yields

Following the data release, the CME FedWatch Tool shows odds for a quarter of a percentage point cut in September increased from 55% before the report to 85%.

FXStreetMay 8 03:06

Israel has launched an operation in Rafah, and 100,000 people are being evacuated! The gold explosion is approaching 2330, and bulls first target this resistance

On Monday, spot gold surged nearly $22 due to the tense situation in the Middle East. Early trading in the Asian market on Tuesday, the price of gold continued to rise and is currently approaching the 2,330 US dollars/ounce mark. Currently, Israel has launched a limited range of operations in parts of Rafah, and 100,000 civilians in eastern Rafah have received “evacuation orders.”

FX168May 7 09:15

Gold, the price has been reduced! Investors' minds are “long and short”. How to proceed next?

Industry insiders analyze that short-term gold may continue to be pressured by strong US dollar and US bond yields, and may face the risk of profit correction.

Securities TimesMay 5 11:38