Gold bulls are making their presence felt! The price of gold once neared 2680 dollars. With the non-farm payroll data approaching, how to trade Gold?
On Thursday, spot Gold continued its recent upward trend, with prices at one point nearing 2680 USD/ounce. FXStreet Analyst Christian Borjon Valencia stated that market focus has shifted to the upcoming USA non-farm employment data and the University of Michigan Consumer confidence data, in search of further economic clues.
Gold continued to rise, with COMEX Gold Futures closing up by 0.47%.
Gold continued to rise as traders considered the prospects of the Federal Reserve's easing path ahead of Friday's important employment data. COMEX Gold Futures rose by 0.47% to $2,692.6 per ounce; COMEX Silver Futures increased by 0.93% to $31.03 per ounce.
USA officials expect that negotiations between Russia and Ukraine may begin early this year!
On the eve of leaving office, the Biden administration released another 0.5 billion USD in aid to Ukraine, to increase Ukraine's "potential bargaining chips."
Gold: Rebound Towards Last Month High at $2725 Is Possible – Société Générale
Gold is about to undergo a "paradigm shift"! The legendary figure of currency historical volatility: Global central bank holdings have surpassed 3 trillion, and USA debt has exploded.
24K99 news, the legendary figure Egon von Greyerz, who successfully predicted Quantitative Easing policies and historical fluctuations of MMF, mentioned his 55-year career, stating that Gold is about to experience a "Paradigm Shift."
Gold has surged sharply! The gold price has quickly risen and broken through $2665 according to FXStreet Analyst's technical analysis.
#Gold Technical Analysis# 24K99 News On Thursday (January 9), during the late session in the Asian market, spot gold suddenly surged rapidly in the short term, with the gold price just breaking through $2665 per ounce, rebounding $10 from the earlier intraday low.