Invesco EMEA’s Post

Roll roll roll you gold, gently down the year, or not? Closing the year, gold has had an amazing run, although the question always is, how does one invest? Is it though direct investment, gold futures, or a liquid low cost Gold ETC? With the coming gold roll being practicality expensive, an liquidity on the thin side in the spot and futures market, feel free to explore the alternative option of our #Gold strategies #GoldETC #Invesco

Gold prices remained stable on Monday as investors braced for a significant week marked by the upcoming U.S. presidential election and potential moves by the Federal Reserve to lower interest rates further. Spot gold edged up 0.1% to $2,738.32 per ounce as of early trading, maintaining momentum close to Thursday’s record high of $2,790.15. Investors appear to be favoring gold as a safe haven, especially given the uncertainties surrounding both political events and possible shifts in monetary policy. Analysts note that these events could lead to increased volatility in currency markets and U.S. Treasury yields, factors that typically impact gold prices. The dual influences are driving interest in gold, with buyers eyeing both inflationary pressures and the possibility of market swings. Gold futures remained steady at $2,747.80 per ounce in the U.S., with traders largely staying cautious in advance of the key developments. This stance is likely due to expectations that a Fed rate cut could drive down yields and support gold prices, as lower interest rates reduce the opportunity cost of holding non-yielding assets like bullion. Ahead of these outcomes, gold has shown strong resilience, underscoring its appeal as a hedge against inflation and economic uncertainty. Should the Fed opt for another rate reduction, gold may see a boost from a weakening dollar, as investors look to safeguard assets amid potential shifts in the economic landscape. For now, analysts are closely watching price movements and investor sentiment, with market players potentially waiting for the election results and Fed decisions before making large moves in the gold market. Read our other insightful economic news: https://lnkd.in/exQ-kXwE #FPG #Fortuneprimeglobal #commodity #equity #technicalanalysis #technology #news #investors #intraday #investing

Good day, traders! 💰 #Gold prices extended yesterday's sharp decline and faced further pressure on Thursday morning, hitting a two-week low. This drop may be attributed to technical selling, so the extent of the decline is expected to be limited. This recent decline in gold is the sixth negative move in the past eight trading days and has broken below the $2392 – $2386 support range. 🇺🇸 With #GDP data and #PCE data due on Thursday and Friday, and the Federal Reserve decision next week, investors might be in a state of uncertainty, causing gold to continue oscillating within the $2392 – $2367 consolidation range. 🏦 Under the backdrop of dovish Federal Reserve expectations, gold prices are likely to find support in the $2367 – $2351 range. #AETOS #currency #trading #invest #official #online #forex #global #trader #tradestocks #broker #financebroker #stocktrading #onlinebroker #financialfreedom #financialeducation #education #knowledge #stocks #news  WWW.AETOSCG.COM

Market Expectations: We anticipate a downward movement in gold prices based on the following indicators: 1. Bearish Divergence: While prices are reaching higher highs, our indicators are showing lower highs, suggesting that upward momentum is weakening and a price drop may be imminent. 2. Negative Candle Pattern: Recent price action indicates a shift in market sentiment toward a more bearish outlook. 3. Trend Change: The previous pattern of higher lows has been broken, indicating a potential reversal in the market trend. 4. Temporary Gains: We foresee some short-term price increases; however, these are expected to be unsustainable in the longer term. 5. Overbought Conditions: Current pricing is at elevated levels, which historically leads to market corrections. Trade Details: Sell Limit Gold at 2751.5 Confidence Level: Medium (3 out of 5 stars) Stop Loss: 2767.5 (to limit potential losses) Profit Targets: First Target: 2711.5 Second Target: 2701.5 Expiration: This trade is valid until October 25, 2024, at 8:00 AM. Risk Disclosure: Trading in financial markets involves substantial risk and is not suitable for every investor. You may lose more than your initial investment. Ensure that you understand the risks involved and consider your investment objectives carefully. Past performance is not indicative of future results. Always consult with a financial advisor before making investment decisions. #ForexTrading #ForexMarket #CurrencyTrading #TradingStrategy #DayTrading #TechnicalAnalysis #MarketAnalysis #GoldTrading #XAUUSD #ForexAnalysis #GoldMarket #CurrencyPair #Investing #Finance #MarketTrends #EconomicIndicators #RiskManagement #TradingCommunity #FinancialLiteracy #InvestSmart #WealthManagement

Gold is breaking records: is the Fed preparing to cut rates? Gold prices soared on Tuesday in Asian trading, approaching the highest levels. The growth was triggered by expectations of a reduction in interest rates by the Fed in September. Spot gold rose 0.2% to $2,427.77 per ounce, while gold futures with an expiration date in August rose 0.1% to $2,432.30 per ounce. https://lnkd.in/en4eC24f Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.34% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Disclaimer: Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. #economicnews

Please find below today’s market commentary by Bianca Botes, Director at Citadel Global.    Tuesday, 5 November 2024   The much-anticipated US election takes place today, with polls indicating that Harris and Trump are neck and neck in the race for the Oval Office.   Asian stock markets traded steady ahead of the big day. The dollar softened slightly, trading at ¥152.35/$ and $1.0875/€, while US Treasury yields held steady at 4.30% amid expectations of a US interest rate cut.   Oil prices rose after delays in production plans, with Brent crude at $75.08/barrel following a 3% increase. Gold saw minor losses.   The rand has gained some ground as traders reassessed the potential outcomes of the US election, and is hovering at R17.50/$, R19.04/€ and R22.68/£.

🔸XAU/USD Analysis: Gold Price Falls from Six-Week High🔸 On Friday, July 5, the price of gold surged above $2390 for the first time since May 22, driven by soft US employment data, boosting hopes for a Fed rate cut in September. However, by Monday, gold retraced to $2360, erasing its gains and signaling potential bearish sentiment. 🔍 Key Technical Insights: -Strong support at $2300. -Price within a descending channel since April. -Potential false breakout above $2380-2400. Will gold decline further? Keep an eye on Jerome Powell's Congressional testimony this week for crucial market cues. Curious about the detailed analysis? 🔗 Read the full article here: https://cutt.ly/xegkfmTP CFDs are complex instruments and come with a high risk of losing your money. #Gold #XAUUSD #MarketUpdate #TechnicalAnalysis #FederalReserve #Investing #Finance

The Fed's longer-term decision to keep interest rates higher puts downward pressure on non-yielding assets like gold since it makes investing in them more expensive. Although traders have been reducing their bets on the likelihood of a rate drop by the Fed at the June and July meetings, there has been an aberration in the demand for gold during the previous few weeks. The price of the yellow metal is close to all-time highs of almost $... Since all of the short-to-long-term DMAs continue to slope higher, the near-term demand is still there. For those who are bullish on gold prices, $… and the high point of March 21 at $… will serve as strong support levels. 🔗 Visit us: www.etomarkets.com #etomarketsph #EveryonesTradingOpportunities #forexph #tradingph #financialmarket #ForexTrading #TradeAndEarn #InvestSmart #TradeWithConfidence #MaximizeProfits #TradingOpportunity