gold

  • Gold outperforms Nifty 50 over 2-year and 5-year periods

    Gold has beaten Nifty 50 over a 2-year and 5-year period but underperformed over a 10-year and 3-year period. Yellow metal outperformed Nifty in 3 out of 10 years between 2014 and 2024.

    US Stocks Focus 5 days ago
  • Everbright Futures’ today’s view: The market fluctuates within a narrow range, pay attention to the release of GDP data

    In the absence of major data on Wednesday, COMEX gold fluctuated slightly and showed signs of stabilizing. To judge the trend of gold prices, the market pays close attention to the first quarter GDP of the United States to be released on Thursday and the core PCE data to be released on Friday, hoping to judge the strength of the U.S. economy from the GDP data, combined with the core PCE inflation indicator that the Federal Reserve is particularly concerned about. to adjust interest rate cut expectations. If the trend of GDP data on Thursday is the same as that of Tuesday\’s PMI data, showing a weak trend, it is expected that interest rate cut expectations may be restored to a certain extent. The price of gold may fluctuate and strengthen in the short term. Pay attention to the disturbance of changes in the geopolitical situation on the market. In addition, it should be noted that the May Day holiday is approaching, the Federal Reserve interest rate meeting will be superimposed on non-agricultural data, the macro environment will be relatively…

    stock options April 25, 2024
  • Feng Xiyun: Analysis of foreign exchange, gold and crude oil trends

    April 25, [Gold technical analysis]: Judging from the gold daily chart, today’s trend is that gold has peaked in the mid-term and is bearish. Technically, the gold daily K-line has been negative for two consecutive times, with a decline of 90 points. The current hourly line and 4 The opening of the Bollinger Bands in the hourly chart diverges downward, and the SAR parabolic indicator releases a bearish signal. The green kinetic energy column of the MACD indicator in these two cycles has increased in volume. At the same time, the daily MACD indicator has also turned into a green column and gradually increased in volume. Today\’s trend is undoubtedly bearish. Today\’s European and American trading resistance focuses on the 4-hour MA5 moving average at 2315, followed by the 1-hour Bollinger Band mid-track position at 2320. Above, look at the suppression range formed by the hourly SAR extension point of 2328 and today\’s high of 2334. In terms of support, pay attention to the lower track of the hourly Bollinger Bands and the lower track of the 4-hour error band…

    stock index April 25, 2024
  • Zhang Jinlei: U.S. GDP data is expected to be negative and gold will fall

    On April 25, gold had a volatile market yesterday. As expected, it basically fluctuated in the range of 2335-2310. Both long and short made profits. It only slightly refreshed the intraday high of $2336 in the evening, but then fell quickly. Spit out gains. In the end, gold price closed at $2,315, and the daily line closed at 3 consecutive negative levels. On Thursday (April 25), the price of gold briefly fell into a volatile market after a sharp rise and fall, mainly because the risk premium caused by tensions in the Middle East has eased, and the market is also paying close attention to the U.S. financial data to be announced later this week. Economic data, which could provide clues on the Fed\’s path to raising interest rates. In particular, tonight\’s GDP data is also a top priority. It can be said that the price of gold is now in a narrow range, but market sentiment is still affected by short-term economic data. Tonight\’s GDP data and tomorrow night\’s PCE data are both important. However, as far as the…

    US stock news April 25, 2024