TAG: co-platinum
Gold, Silver, Platinum Forecasts – Gold Settled Near $2470 As Traders Waited For Additional Catalysts
GoldGold 130824 Daily ChartGold is losing some ground as traders take profits near historic highs. It should be noted that gold markets did not gain significant downside momentum as demand for gold remains strong.In case gold manages to settle above the $...
2 months ago
Will Gold Prices Hit Another All-Time High In August?
Gold Stable Ahead of Inflation Data: Fed’s Rate Hesitancy and Recession Warnings IntensifyGold prices are currently holding steady in wait-and-see mode as traders turn their attention to this week’s highly anticipated U.S Inflation figures for clues on th...
2 months ago
Gold, Silver, Platinum Forecasts – Gold Retreats Amid Broad Pullback In Precious Metals Markets
GoldGold 140824 Daily ChartGold retreats as traders continue to take profits near historic highs. At this point, it looks that the market needs more catalysts to test the $2500 level.If gold settles below $2445, it may gain additional downside momentum an...
2 months ago
Gold, Silver, Platinum Forecasts – Gold Climbed Back Above $2450
GoldGold 150824 Daily ChartGold gains ground as traders buy the dip. Rising Treasury yields and stronger dollar did not put any pressure on gold markets.From the technical point of view, gold consolidates below historic highs, which means that a breakout...
2 months ago
Gold, Silver, Platinum Forecasts – Gold Tests $2500 As Dollar Pulls Back
GoldGold 160824 Daily ChartGold tested historic highs as traders focused on falling Treasury yields and weak U.S. dollar. Demand for gold stays strong, and it has a good chance to gain additional upside momentum.A move above the $2500 level will likely at...
1 month ago
Gold Prices Surge Above $2500. Is $3000 The Next Stop?
Gold Soars to New Heights: 2024 Declared ‘The Year of The Metals”This comes as no surprise, considering the current macroeconomic backdrop is fuelling a “perfect storm” for Gold – firmly positioning the precious metal as one of the best performing asset c...
1 month ago
Gold, Silver, Platinum Forecasts – Gold Climbed Back Above $2500
GoldGold 190824 Daily ChartGold managed to stay above the $2500 level as demand remained strong. Traders bet that Fed will start cutting rates aggressively, which will be bullish for gold markets.It should be noted that RSI remains in the moderate territo...
1 month ago
Gold, Silver, Platinum Forecasts – Gold Sets New Records As Rally Continues
GoldGold 200824 Daily ChartGold tested new highs as traders focused on U.S. dollar pullback. Falling Treasury yields provided additional support to gold markets.The nearest resistance level for gold is located in the $2520 – $2530 range. A move above $253...
1 month ago
Are We At The Beginning of A New Supercycle For Gold?
The Unstoppable Rise of Gold: A Parabolic Surge to New RecordsGold’s meteoric rise to glistening new heights has continued to go from strength to strength this year, significantly bolstering its iconic status as the ‘must-have’ asset class in every portfo...
1 month ago
Gold, Silver, Platinum Forecasts – Gold Stays Above $2500 As Traders Wait For Catalysts
GoldGold 210824 Daily ChartGold made an attempt to settle back below the $2500 level amid profit-taking, but quickly moved back as demand for precious metals remained strong.From the technical point of view, gold needs to settle above the resistance at $2...
1 month ago
Gold, Silver, Platinum Forecasts – Gold Pulled Back Below $2500
GoldGold 220824 Daily ChartGold is under pressure as traders continue to take profits near historic highs. U.S. dollar’s rebound served as an additional negative catalyst for gold markets.If gold settles below the $2475 level, it will head towards the nea...
1 month ago
Will The Fed’s Jackson Hole Symposium Drive Gold Prices Higher Or Lower?
Jackson Hole Economic Symposium 2024: A Pivotal Moment in Monetary Policy HistoryThe most highly anticipated central bankers’ gathering of 2024 and quite possibly the most “pivotal moment” in monetary-policy history is finally here – as policymakers from...
1 month ago
Gold, Silver, Platinum Forecasts – Gold Rebounds Above $2500 As Dollar Tests New Lows
GoldGold 230824 Daily ChartGold rebounded above the $2500 level as traders reacted to Powell’s dovish comments. The Fed is ready to start the rate cut cycle, which is bullish for precious metals.A move above the resistance at $2520 – $2530 will push gold...
1 month ago
Gold, Silver, Platinum Forecasts – Gold Tests Key Resistance As Traders Stay Bullish
GoldGold 260824 Daily ChartGold tests resistance at $2520 – $2530 as demand for precious metals stays strong amid rising geopolitical tensions.A move above the $2530 level will provide gold with an opportunity to gain additional upside momentum.SilverSilv...
1 month ago