Welcome to our latest market update! In this video, we dissect the Short-Term Gold Outlook as of January 8, 2024. Gold prices experienced a turbulent journey last week, reacting to non-farm payrolls and the ISM Services PMI release. The metal initially dipped to $2,024.53, rebounded to $2,064.04, and closed the week at 2,045.63/oz with a 0.85% weekly loss.
Amidst escalating tensions in the Middle East, the failure of gold to rally signals a potential downward trend. We explore the ongoing retreat from the all-time high of $2,145.00/oz on December 4, 2023, anticipating a possible extended fall towards the lower $1,900 levels. Keep a close watch on the $1,973.00/oz mark, as a close below could solidify this short-term bearish outlook.
Timestamps:
0:00 - Introduction
0:45 - Gold Price Swings
1:30 - Influence of Non-Farm Payrolls and ISM Services PMI
2:15 - Middle East Tensions and Gold's Reaction
3:00 - Unraveling the Retreat from the December High
3:45 - Significance of $1,973.00/oz
4:30 - Conclusion
📈 Stay informed and ahead of market trends with our analysis! Subscribe to our channel for more updates on financial markets.
https://everythingtrading.com/
👍 If you found this video insightful, give it a thumbs up, share it with your fellow investors, and hit the bell icon for notifications on our upcoming market analyses.
📣 Connect with us:
[Facebook ]
/ etmalaysia
📈 Ready to refine your trading skills? Dive into our educational resources and trading tools today! - https://everythingtrading.com/
#GoldPrices #MarketUpdate #TradingInsights #FinancialMarkets #InvestmentAnalysis
📊 Ready to elevate your trading expertise? Explore our comprehensive trading courses and resources.
🔔 Don't miss out on future market updates! Subscribe and hit the notification bell for timely information.
💬 Share your thoughts in the comments. What topics would you like us to cover in our next market update?
👥 Join our trading community on [Instagram] /etmalaysia
everythingtrading
Thêm vào mục ưa thích
Chia sẻ cho bạn bè
Chia sẻ
Báo cáo
Lý do
Cảm ơn phản hồi của bạn.
Đề xuất có liên quan
Bình luận
0/1000
Hot nhất
Mới nhất
Lý do
Cảm ơn phản hồi của bạn.
Giới thiệu
Short-Term XAU/USD Outlook – Monday, January 8, 2024
Chọn ngôn ngữ
Chúng tôi sẽ đề xuất nội dung cho bạn dựa theo ngôn ngữ
Lưu ý: Hệ thống sẽ mặc định sử dụng ngôn ngữ của bạn, và bạn có thể chỉnh sửa lại trong Cài đặt
Đang tải lên 0 mục
MỜI BẠN BÈ
Đăng ký ngay
Đăng ký để nhận thông tin tài chính toàn cầu theo thời gian thực. Và bạn cũng có thể hủy đăng ký vào bất cứ lúc nào