FalCol_TradingMaster

FalCol_TradingMaster

Russian President Vladimir Putin today, November 22, announced that the test of a medium-range missile complex carrying an Oreshnik supersonic warhead was successful. A day earlier, Russia attacked the Southern Machine Manufacturing Factory (Yuzhmash) in Dnipro (Ukraine), saying this was a move in response to Ukraine's use of ATACMS missiles supplied by the US...

FalCol_TradingMaster

The latest US weekly macroeconomic data showed 213,000 new unemployment claims, down sharply from the previous week. This further increases the market's expectation that the US Federal Reserve (FED) will further lower interest rates in December. In response to this information, the USD–Index surpassed the 107 point mark, meaning the USD increased in price very...

FalCol_TradingMaster

Gold prices increased due to bottom-fishing demand skyrocketing in the context of increasing Russia-Ukraine tensions. President-elect Donald Trump is unlikely to end the Ukraine conflict soon after coming to power on January 20. Currently, investors' attention is also focused on some officials of the US Federal Reserve (FED), who are expected to give speeches...

FalCol_TradingMaster

World gold prices increased sharply due to increased demand for safe havens. Kitco senior analyst Jim Wyckoff said that buying activities take place when the geopolitical situation is heating up, promoting stronger risk-avoidance sentiment. Reports say Ukraine has carried out its first attack on a border region in Russia using long-range missiles supplied by the...

FalCol_TradingMaster

Previously, investors expected that Mr. Trump could end the Ukraine conflict within 24 hours as announced after his election. Expectations that geopolitical tensions will cool in many areas have caused gold to plummet, from a peak of 2,789 USD/ounce recorded today, October 30, to 2,540 USD, November 14. But now, the forum in Ukraine may change. Ukraine believes...

FalCol_TradingMaster

The yellow precious metal recovered as the USD weakened. The DXY index measuring the greenback's strength fell to 106.21 points. However, US Treasury bond yields continue to rise, leading many experts to limit gold's gains. According to analyst James Hyerczyk at FX Empire, the gold recovery occurred when the USD temporarily paused below its highest level in a...

FalCol_TradingMaster

Gold prices fell nearly 5% last week, marking the biggest drop in nearly three years. Since its highest peak, gold prices have lost more than 250 USD (about 9%), a notable decrease since the beginning of the month. The main reason for this price drop is the strengthening USD, making gold - which is traded in USD - more expensive for international investors,...

FalCol_TradingMaster

World gold prices exploded strongly when the USD dropped. Recorded at 9:30 a.m. on November 18, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 106,562 points (down 0.05%). Although the short-term technical picture has improved, it is still too early to confirm a bottom. “Speculators will hope the sell-off since...

FalCol_TradingMaster

World gold prices dropped to their lowest level in nearly 2 months due to pressure from the strong recovery of the USD. Recorded at 8:33 a.m. on November 13, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 105,897 points (up 0.04%). The inverse relationship between gold and the USD seems to have disappeared in recent...

FalCol_TradingMaster

Geopolitical tensions are expected to cool down under Donald Trump. And the US economy will attract international capital flows. Cash flow poured heavily into many high-risk assets such as the stock market, cryptocurrency market,... thereby putting more pressure on gold. However, in the medium and long term trend, gold is still forecast to increase in price. Many...

FalCol_TradingMaster

Experts believe that the market's adjustment phase is a "temporary" reaction to Donald Trump's re-election as US President and maintains his opinion in favor of increasing gold prices in the near future. During the question and answer session this morning, Governor of the State Bank Nguyen Thi Hong shared that "gold is also a headache for the world". She informed...

FalCol_TradingMaster

Gold prices continue to decline according to the technical chart. World gold prices dropped sharply last Wednesday after Mr. Trump won the election to the White House. The USD skyrocketed after this event, and the gold market experienced sell-offs. Bond yields rose as investors worried that the tariffs and tax cuts that Mr. Trump promised before his election...

FalCol_TradingMaster

World gold prices recover despite the high USD. Recorded at 9:50 a.m. on November 8, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 104.430 points (up 0.19%). According to Kitco, central banks cutting interest rates, a wave of buying, and recently released US economic data... are supporting the recovery of...

FalCol_TradingMaster

Gold prices jumped today as the US Federal Reserve (FED) cut interest rates by 0.25% as the market had predicted. Accordingly, the US base interest rate fell to 4.5-4.75%. This is the second time in 2024 that the FED has cut interest rates to reduce inflation to the 2% target and boost economic growth. Lower interest rates have put pressure on the value of the...

FalCol_TradingMaster

Gold sold off and plunged to its lowest level in 3 weeks after the unexpectedly decisive victory of Republican US presidential candidate Donald Trump. The Federal Reserve's FOMC meeting appears to be overshadowed but also in the spotlight this week. The meeting began Wednesday morning and ended Thursday afternoon with a statement from the FOMC and a press...

FalCol_TradingMaster

Investors are expressing caution ahead of the US Presidential election and the upcoming decision of the US Federal Reserve (FED) on interest rates. Today (November 5), the US presidential election will take place. Public opinion polls show that Democratic candidate Kamala Harris and Republican candidate Donald Trump are closely tied in the race for the White...

FalCol_TradingMaster

Last week, gold's direction was strongly influenced by concerns surrounding the race for the White House by former President Donald Trump and Vice President Kamala Harris and the conflict in the Middle East and expectations of the US Federal Reserve. (Fed) will continue to cut interest rates at the upcoming policy meeting. This week, the US election and the US...

FalCol_TradingMaster

The focus of the financial market is the US presidential election, which is about to enter a key moment. According to poll results, former President Donald Trump and Vice President Kamala Harris compete fiercely. However, investors are taking cues from the betting market, which has shifted in Mr. Trump's favor. The USD hit a 3-month high on data showing the US...