Gold has suddenly plummeted! The gold price has just fallen below 2750 dollars. FXStreet Analyst's analysis on gold trading.
On Wednesday in Asia, at the end of trading, spot Gold suddenly plummeted after approaching $2760, with the price just dropping below the $2750 per ounce mark, currently around $2747 per ounce. FXStreet senior Analyst Dhwani Mehta stated that the Gold price must break above the psychological mark of $2750 per ounce by the end of the day to challenge the high of $2762 per ounce in November 2024.
Gold prices have successfully broken through the first Call target! Gold prices have surged close to 2760 USD, a well-known Institutions Gold Trade analysis.
#Gold Technical Analysis# 24K99 News On Wednesday (January 21), in the Asian market close, spot gold continued its strong upward trend for the day, and the gold price is currently approaching $2760/ounce, with an intraday increase of nearly $15.
Hong Kong stock Concept tracking | Investors prepare for policy changes, gold price upward logic remains unchanged (with Concept stocks)
Analyst: In the coming weeks, risk aversion will provide momentum for the rise in Gold prices.
The space for a significant rise in Gold has opened! Senior Analyst at FXStreet: Gold prices are expected to soar by more than 40 dollars.
During Wednesday's market in Yashi City, the spot Gold maintained an intraday rebound trend, and the current gold price is around 2750 dollars per ounce.
The reason for the astonishing surge in Gold price by 37 dollars is here! It's not just the threat of tariffs from Trump. How to Trade Gold?
#Gold Technical Analysis# 24K99 news On Tuesday (January 21), influenced by Trump's tariff threats, investors flocked to the safe-haven asset Gold. Additionally, the dollar rose and then fell, while US Treasury yields sharply declined, causing Gold prices to soar to their highest point in over two months.
Trump's tariff threats trigger safe-haven buying, and gold prices are expected to rise by about $25! FXStreet Senior Analyst's analysis on gold trading.
On Tuesday morning in the European market, spot Gold maintained its intraday rebound, currently priced around $2725 per ounce, up about $18 for the day. FXStreet Senior Analyst Dhwani Mehta stated that due to Trump's tariff threats, Gold buyers are turning their attention to $2750 per ounce.