Home » Business » YLG says gold has come a long way this year. But there is still a chance to hold up to $2,850 We recommend trading with caution.

YLG says gold has come a long way this year. But there is still a chance to hold up to $2,850 We recommend trading with caution.

850 We recommend trading with caution. Share and sell to make a profit when the target is reached.”/>

  • YLGPoint out that gold this year has come a long way. But there is still a chance to go up to 2,850. US Dollarper troy ounce or 45,600 baht per gold baht If there are enough supporting factors,A deerDecrease interestMore than 0.25% and conflict in the Middle East Includes variations fromUS electionsetc.
  • In the short term, see the gold trend changing, waiting for the results of the meeting.A deer andelection resultsThe United States next week recommends caution in speculating. Divide and sell to make a profit in the 2,800 – 2,850 zone US Dollarper troy ounce and find time to buy back at 2,724 – 2,708 US Dollarper troy ounce
  • Advising investors on average costs DCA.

Mrs. Pawan Nawawattanasap, Senior Officer, Y CompanyLG Bullion International Co., Ltd. said. (YLG) that the price of gold continued to reach new highs in 2024 Since the beginning of the year, the price of gold was in the region of 2,000. US Dollarper troy ounce, this year the price of gold has changed more than 750 US Dollarper troy ounce, which is considered to have improved slightly more than the market expected. However, it is believed that this year, even if there are about 2 months left, it is still seen that gold has a chance to increase a little. But if there are supporting factors that are stronger than the market expected, such as the market predicting that the US Federal Reserve (A deer) will reduce the interest rate in the next round to 0.25%. US Dollarper troy ounce, including whether the causes of unrest or conflict in the Middle East continue to increase It will be a source of support for gold to rise as well This week there will beUS electionsetc. also, which will be a factor that will increase price movements, while the target price of 96.5% of the country’s gold bars this year is around 44,800 – 45,600 baht per gold baht.

Regarding the issue ofUS electionsIt is considered that the overall picture is still difficult to predict becauseelection resultsThere is still uncertainty. and if the result comes out that the Democrats won the election. Overall, the direction of gold is likely to continue as it is today. This is because the party is likely to continue with its policy of lowering interest rates. But if the Republicans win, they still can’t predict the direction of the gold market. Because there is an opportunity for both rapid increase and rapid decrease. Because the party’s policy is to promote the America First initiative. This causes an increase in taxes on trading partners. and policies that doUS Dollarrespect, which may return inflation Therefore, the policyDecrease interestIt may be necessary to stop. which will put pressure on the gold But if the overall economic situation is a cause for concern, gold will also return to the rise.

However, before the day of the election and the day of the meeting ofA deer The direction of the gold changes within the field. Investors can speculate in the short term. Looking ahead at the 2,800 range. US Dollarper troy ounce and support at 2,724 – 2,708 US Dollarper troy ounce, investors are advised to trade with caution. Because the price of gold this year has gone up a lot. If gold reaches the protection level, it is recommended to split it and sell it for profit. and if the price moves to the 2,850 target US DollarPer troy ounce, beware of heavy retail weight.

For investors who want to invest in the long term, we recommend DCA cumulative cost averaging (Dollar-Cost-Averaging) another interesting method. Because it allows investors to create a savings account. and get access to a variety of gold prices In addition, now you can arrange purchases in advance. For new investorsLGIntroducing YLG’s Get Gold by YLG application.LGOpen to investors who want to invest in gold with a deposit of only 100 baht. Because it responds to the investment needs of the new generation who can buy and sell Gold Spot gold in real time 24 hours, easily accessible by smartphone. and it is reliable Safety It can really make a profit Applicants can verify their identity and submit documents through the ​​application. Know the approval results within one day. and can buy and sell gold instantly Open for investment starting at 100 baht up to 80 kilograms per day Those interested can download the application from the App Store and Play Store or LINE: @ylggetgold, call 0 -2678-9888 #2.


2024-10-31 02:02:00
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