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Gold Analysis: When to Sell?

From dailyforex.com

According to gold trading platforms, gold prices are on track to achieve a weekly gain of 1%, adding to their 7% increase since the beginning of 2024. Similarly, silver prices, the sibling commodity to gold, are attempting to reclaim the $25 per ounce threshold. However, silver prices are still poised for a weekly loss of about 4%, reducing their increase since the start of 2024 to less than 3%. In general, Investors are eagerly awaiting key US inflation data. Personal Consumption Expenditure (PCE), the preferred US inflation gauge by the Federal Reserve, is expected to rise by 0.3% monthly. The Core Personal ... (full story)

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  • Category: Technical Analysis