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Call gold in the short term! FXStreet chief analyst: gold is expected to have a large increase of 40 US dollars.
#Gold Technical Analysis # 24K99 News On Friday (June 21), spot gold basically stabilized after a sharp rise yesterday, and the price of gold is currently around $2360 per ounce in Asian markets.
Gold Price Stands Tall Near Two-week High Amid Rising Fed Rate Cut Bets
Gold price consolidates the previous day’s strong move up to a two-week high.
Gold is a long-term buy, but this one piece is missing from the puzzle.
The head of the CSI Commodity Equity Index strategy at Sheng Bao Banks stated that although gold has lost some momentum, there is almost no bearish sentiment in the market.
Gold's Asian market volatility intensifies! Gold price significantly retreated after approaching $2,340. How to trade gold?
#Gold Technical Analysis# On Thursday(June 20th), the spot gold price showed significant fluctuations in the Asian market, and the price of gold fell significantly after approaching the $2340/ounce mark.
Gold prices surged suddenly in the short term! The price of gold is approaching 2340. FXStreet Chief Analyst's technical analysis of gold.
During Thursday's Asian market session, the spot gold suddenly surged in the short term, and the gold price is approaching the $2340/ounce mark, with a rise of nearly $11 during the day. Valeria Bednarik, chief analyst at FXStreet, pointed out that the next major event is the Bank of England's monetary policy decision on Thursday.
Goldman Sachs warning: US election may trigger inflation storm, and gold will become a safe haven tool
The strategist believes that if the Republican Party wins both the presidency and Congress, it will bring the greatest risk to inflation and bond returns in the USA; some media reported that Trump's allies have developed a plan to weaken the independence of the Federal Reserve, although his campaign team has not confirmed such a plan.