Analysis of the latest international gold trend (exclusive)
https://www.tradingview.com/x/3L6b1SFN/
hello everybody
The current price of gold is US$2,901.33 per ounce, up US$21.96, or 0.76%, from the previous trading day. New York gold is trading at US$2,913.2 per ounce, up US$12.5, or 0.43% from the previous trading day.
Influential factors
1. The hawkish stance of Federal Reserve officials has increased market expectations for interest rate hikes, leading to the withdrawal of funds from the gold market and suppressing gold prices.
2. The situation in the Middle East remains tense, and the conflict between Russia and Ukraine is still ongoing. These geopolitical risks still exist, which may trigger the market's risk aversion demand at any time, thereby driving up gold prices.
3. Global central banks have increased their net gold holdings for 18 consecutive months, and the amount of gold purchased in 2024 has exceeded 1,000 tons for three consecutive years, with strong support on the demand side.
Through the above analysis, the current gold market pressure has been released, and the gold price is still mainly bought at a low price.
If you agree with my analysis, please continue to pay attention, and I will share my views for free later - (David
XAUUSD ) GO1!
hello everybody
The current price of gold is US$2,901.33 per ounce, up US$21.96, or 0.76%, from the previous trading day. New York gold is trading at US$2,913.2 per ounce, up US$12.5, or 0.43% from the previous trading day.
Influential factors
1. The hawkish stance of Federal Reserve officials has increased market expectations for interest rate hikes, leading to the withdrawal of funds from the gold market and suppressing gold prices.
2. The situation in the Middle East remains tense, and the conflict between Russia and Ukraine is still ongoing. These geopolitical risks still exist, which may trigger the market's risk aversion demand at any time, thereby driving up gold prices.
3. Global central banks have increased their net gold holdings for 18 consecutive months, and the amount of gold purchased in 2024 has exceeded 1,000 tons for three consecutive years, with strong support on the demand side.
Through the above analysis, the current gold market pressure has been released, and the gold price is still mainly bought at a low price.
If you agree with my analysis, please continue to pay attention, and I will share my views for free later - (David
XAUUSD ) GO1! 
Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/High_yield_big_profit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Continuously release precise trading plans to lead members to expand profits, with a stable profit of 988% every month. If you have not made a profit yet, then join us. t.me/High_yield_big_profit
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.