No Data
Gold suffered a sudden short-term sell-off! The price of gold just fell below $2610. How to trade gold as the Federal Reserve minutes approach?
#Gold Technical Analysis# 24K99 News On Wednesday (October 9th) in the early European session, spot gold suddenly plunged rapidly in the short term, with the gold price just falling below the $2610/ounce mark.
A large number of North American funds have arrived! Significant inflow of funds occurred before the expiration date as the main gold ETF call options were exercised.
The World Gold Council stated that North American funds led the inflow of global gold ETFs in September, with call options on major gold ETFs being exercised, resulting in a large amount of capital inflow before the expiration date.
Gold price successfully reached the target price after a major drop! Well-known institutions warn: breaking below the next target could trigger even larger sell-offs.
On Wednesday, in the Asian afternoon session, spot gold continued to be under pressure after a sharp decline yesterday, with the current price near $2619 per ounce. According to Economies.com, the gold price has already reached the target price set earlier at $2635.06 per ounce. If it falls below the next bearish target of $2603.87 per ounce, the gold price may further decline.
Gold suddenly experienced a sharp pullback! Major ceasefire signals from the Middle East, gold prices plummeted by more than $20. How to trade gold
On Tuesday, October 8th, spot gold experienced a sharp pullback, with the price closing down more than $20, briefly dropping towards the $2600 per ounce mark. FXStreet analyst Christian Borjon Valencia wrote an article on Wednesday analyzing the price trend of gold.
Gold Price Plummets Below $2,650 as Hopes for Ceasefire Increase
Barrick Gold Says Recent Gold Discoveries at Its Kibali Mine May Extend Its Life
No Data
No Data
