💡 XAUUSD: What do you expect from Gold?
World gold spot price stands around 2,325.7 USD/ounce, up 1.7 USD/ounce compared to yesterday's trading session. Gold futures price in June 2024 on the Comex New York floor is at 2,336.6 USD/ounce.
At the beginning of the trading session on May 6 (US time), world gold prices increased sharply in the context of improved risk aversion among investors.
Adrian Day - Chairman of Adrian Day Asset Management - forecasts that gold still has many factors to increase its price in the near future.
Many major banks around the world say that the gold market has almost eliminated all pressure from the Fed's monetary policy and expect to see many new record prices set this year.
At the beginning of the trading session on May 6 (US time), world gold prices increased sharply in the context of improved risk aversion among investors.
Adrian Day - Chairman of Adrian Day Asset Management - forecasts that gold still has many factors to increase its price in the near future.
Many major banks around the world say that the gold market has almost eliminated all pressure from the Fed's monetary policy and expect to see many new record prices set this year.
Comment:
Gold is on a sharp decline
Comment:
TP1: 2310
TP2: 2320
TP3: 2330
SL: 2295