📌 Intergold Weekly News
Gold news summary of the week EP132
Date 09 November 2024
.
It was a rough week! Within a week there was news of the US presidential election and news of the Fed announcing an interest rate cut. I have to say it’s the biggest news this year. As a result, this week gold bars closed at the end of the week at a negative price of 43,500 baht and see gold at $ 2,685 What will happen to gold next week? Please continue.
.
Technically, this week’s graph can be said to be a missed opportunity for an upside. Next week, there may be a chance that gold will continue to fall. After receiving the big news the gold card closed the week negative. This shows that gold has room for further change. Technically it is a concern for gold next week.
.
As for the basic news this week, we have to congratulate Mr. Donald Trump for winning the US presidential election this time. Trump’s victory reflects how Americans vote. This leaves America in the Trump era from now on something to watch and see what happens next. When Trump promotes the “America First” policy, what Trump does can affect the gold market. The fact that Trump could end the war is a good reason for gold. This factor can disappear. Trump’s return could shake NATO from “America First” policies.
.
Regarding Trump’s policy or even Harris himself, there are policies to stimulate the economy. which brings different amounts of money More flow into the stock market This can be seen from the numbers on the US stock market that rose. Or even the Dow Jones index rose as well. As for gold, it may not find much support. The market is waiting to see if the Fed will continue to cut interest rates or not. Because the US government has policies to stimulate the economy.
.
Recommended for people who aim to hold gold for the long term. I still see gold as an asset that can be stored if held for a long period of 6 months to 1 year For those who aim for short term holding, It must be said that it is recommended not to giving up everything at this time. Because this price is still not the best price.
.
Watch the clip at: https://youtu.be/s5v6lU_dAUU
Read additional content: https://www.intergold.co.th/
Gold price today: https://www.intergold.co.th/gold-price/
#gold price #gold price #gold price today #Gold price trends #Gold analysis #Gold price today #gold up #gold graph #gold price graph #Gold price trend #Gold #Gold #Gold Bars #Trade gold online #GOLD #Gold price update #XAUUSD #USD #gold #Interest #Fed #Intergold #Weak baht #Baht
2024-11-09 05:21:00
#Weekly #Gold #News #Summary
