Golden event

Owner: Lisa Lynch Created: 10/23/2023

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Why is gold trading popular in the FOREX market?

BuntitaThailand

- Gold is a highly valuable asset. Gold has always been a highly valuable asset and is often viewed as a safe-haven asset during times of economic uncertainty. This makes gold an attractive option for investors looking to diversify their portfolios. - Gold is highly liquid. Gold is very liquid, which means it can be traded easily and quickly. This makes gold trading a convenient option for investors. - Gold trading is easily accessible. Gold trading is easily accessible through many FOREX broker

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traderabbi

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GOLD TO $ 2010

warren

Gold is currently on an upward trajectory, with a strong potential to attain the $2,000 range. While there's a short-term correction happening, if it manages to sustain its support at 1963, it can initiate its ascent towards 2010.

Gold market analysis

cD74783593

Spot gold fluctuated within a narrow range and is currently around $1,974.42 per ounce. Although the overnight US PMI data was stronger than market expectations and gold prices were once under pressure, it was still supported by bargain hunting and safe-haven buying. Judging from the current form, gold prices are still biased upward after testing support levels.

Gold Price may struggle to break $2,000.

iamjane

Gold price currently trades around $1,974 on Wednesday, gaining 0.18% for the day. Most traders wonder if the Middle east war will make gold jump again to the heights. In my view, gold price will increase in the near future but it won’t rise immediately, like breaking $2000. Too many factors involved the market, so let’s keep a close eye on the following data release and events. 1.Middle East tensions 2.U.S. GDP numbers for theQ3 on Thursday. 3.PCE price index on Friday ahead of the Federal Res

Gold may be overbought now

raychuang

Gold's recent price increases have been notable, but there are indications that it may now be overbought after surpassing important resistance levels. Although gold and silver typically experience upward movement during geopolitical shocks, this trend may not continue indefinitely. Today, gold prices rose due to lower U.S. Treasury yields, but failed to see further gains as the demand for gold as a safe-haven asset showed signs of weakening. This shift in dynamics follows efforts by global leade

The price of gold experienced a significant drop yesterday. Will it continue to fall?

lovetaylors

Although the pattern of creating higher highs and raising lows on the daily chart has been disrupted by the recent pullback demand, judging from yesterday's daily situation, even though it ultimately closed negatively, the lower shadow was excessively long. After the selling pressure exhausted, the market was quickly pulled back. Moreover, during the previous rise in gold, some key resistances were easily broken. However, last night's decline in gold coincided with a 23.6% Fibonacci retracement

Gold would retrace before rally again

sig

Obviously, gold is now retracing after a small false breakout of the resistance. So I would expect it to drop and touch 1920 and then bounce back and go above 1971.

Is gold expected to rise above 1980 in the near future?

nowaytorun

1974.22 right now, looking forward to it

Gold price forecast: Will gold surpass record highs?

ambur-bishop

Bloomberg commodity indexes rose for a fourth straight week on worries that a war between Israel and Hamas could spread across the Middle East, raising concerns about European crude and natural gas supplies. Additionally, deteriorating crop conditions in the southern hemisphere have boosted the agricultural sector, while a continued surge in U.S. bond yields has led investors to seek the safety of the Swiss franc, particularly gold. Gold has gained about $160 in the past two weeks, underscoring

Your thoughts and experiences regarding Gold as an investment

sharonjin

I've been contemplating adding Gold to my investment portfolio recently, and I'd love to hear the community's thoughts and experiences regarding Gold as an investment. Gold has a track record of providing solid returns, which certainly makes it an appealing option. I'd like to initiate a discussion on the following aspects of investing in Gold: - Investment Approach: Do you have exposure to Gold in your portfolio, and if so, do you prefer lump sum investments or a systematic investment plan (SIP

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