Gold News Current Price & Market Outlook: Fed Policy & Inflation Concerns: Geopolitical and Central Bank Activity: Indian Gold Market Insights: Gold’s Historical Performance: Future Outlook: Investment Recommendations: Best options include Gold ETFs, Gold Mutual Funds, or Sovereign Gold Bonds (SGBs). However, new SGBs are currently unavailable. Author : Arman ShabanTo see more analyzes of Gold ,…
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Gold Analysis: Analyzing the #Gold chart in the 4-hour timeframe, we observe that after our last analysis, the price corrected to $2605 and then experienced strong demand, pushing gold up to $2665. During its upward movement, the price reacted multiple times to the levels highlighted in the previous analysis, but buyers proved stronger than sellers, resulting…
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Gold Analysis: Here’s the final gold analysis for 2024! As you can see, after our previous analysis, gold experienced a sharp drop, delivering a 300-pip move down to the $2,596 zone. Currently, gold has recovered slightly and is trading around $2,614. Several supply zones lie ahead, including $2,620-$2,627, $2,632-$2,638, and $2,651. Keep a close eye on…
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Gold News Gold’s 2024 Performance: Gold climbed above $2,600 per ounce, achieving a 26% annual gain, one of its strongest performances in decades. Drivers of Growth: The surge was fueled by U.S. monetary easing, geopolitical tensions, and record central bank purchases. Market Context: Despite a stronger U.S. dollar and higher Treasury yields, which typically limit…
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Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that after revisiting the supply zone of $2,633 to $2,652, the price faced selling pressure and corrected over 140 pips to $2,624. Currently, gold is trading around $2,626. If the price manages to hold below the $2,633 level, we can anticipate further…
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Bitcoin Analysis: As expected, Bitcoin experienced an impressive 5% growth following our previous analysis and is currently trading around $98,000. Keep a close eye on price movements! The previous analysis remains valid.(This Post on TradingView) Author : Arman ShabanTo see more analyzes of Gold , Forex Pairs , Cryptocurrencies , Indices and Stocks , be sure to Follow and Join us on…
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Bitcoin Analysis: By analyzing the #Bitcoin chart on the 4-hour timeframe, we observe that after our previous analysis, the price surged to $108,400 before experiencing a sharp decline, correcting down to $92,000. Currently, Bitcoin is trading around $93,800. If the price manages to stabilize above the $90,600 to $92,300 range, we could anticipate further growth for…
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Gold News Gold remains up 28% year-to-date, outperforming the S&P 500’s 25% gain, as it hovers around $2,620 per ounce. This stellar performance has been driven by aggressive Federal Reserve rate cuts, geopolitical tensions, and inflation concerns. Market players are now looking ahead to 2025, with mixed expectations following the Fed’s recent guidance. While higher…
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Gold Analysis: By analyzing the #Gold chart on the 4-hour timeframe, we can see that the price finally managed to rise to the $2,633 supply zone today. However, after reaching this significant level, it faced selling pressure and is currently trading around $2,622. Further price correction is likely from this level. The potential targets for this…
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Gold News Gold Price: Gold traded at $2,629 per ounce on Monday, supported by a softer US dollar after a benign PCE inflation report, raising hopes for Fed monetary easing in 2024. Fed Policy Impact: Gold hit a one-month low recently but regained momentum after the Fed signaled a measured pace of rate cuts. Physical…
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