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Time now: Jun 1, 12:00 AM

Gold analysis today.

Gold needs to surpass this region to sustain a deeper recovery.

Analyst's at Credit Suisse have been analyzing the gold market for a potential direction. The team has put together a few scenarios in the bank's latest research note.

The bank said "Gold remains slightly below $1834/36 but has improved in the short-term as Real Yields fall. Still, the yellow metal needs to surpass this region to sustain a deeper recovery."
 
Gold Prices Rebound as COVID-19 Fears Take Hold

Earlier this week, spot gold fell on the back of a stronger dollar and higher U.S. 10-year Treasury yields (higher opportunity cost of holding gold). Sourcing from ‘hawkish’ Fed minutes and strong initial jobless claims jobs data, the dollar was unrelenting. Initially, other safe-haven currencies picked up momentum (JPY, CHF) as COVID-19 contagion concerns were being mulled over but Friday’s new variant fears sparked a more systemic effect. Gold’s safe-haven appeal is typically realized when risks are widespread as opposed to localized – in this case, unique to Europe until now.
 
So?...will the gold price rise up?
Gold Prices Rebound as COVID-19 Fears Take Hold

Earlier this week, spot gold fell on the back of a stronger dollar and higher U.S. 10-year Treasury yields (higher opportunity cost of holding gold). Sourcing from ‘hawkish’ Fed minutes and strong initial jobless claims jobs data, the dollar was unrelenting. Initially, other safe-haven currencies picked up momentum (JPY, CHF) as COVID-19 contagion concerns were being mulled over but Friday’s new variant fears sparked a more systemic effect. Gold’s safe-haven appeal is typically realized when risks are widespread as opposed to localized – in this case, unique to Europe until now.
 
DAILY NEWS HIGHLIGHTS! On 2 February 2022

📌 Metaverse real estate sales top $500 million, and are projected to double this year. So far, real estate sales have been concentrated on the “Big Four” — Sandbox, Decentraland, Cryptovoxels and Somnium.

📌 Sony to buy video game maker Bungie in $3.6 billion deal as industry consolidation heats up. Bungie is behind the multiplayer shooter games Destiny and Halo, the latter of which it developed until 2010. Technology companies are increasingly interested in gaming as they look to expand audiences and prepare for future iterations of virtual- and augmented-reality devices.

📌 China plans crewed moon mission, tourism and Jupiter exploration in space race with the U.S.. China has had some notable space successes in the past few years including launching an uncrewed mission to Mars and beginning construction of its own space station.

📌 Covid-19’s Economic Fallout Batters Latin America. The region is bracing this year for rampant inflation, low growth and high interest rates that spell hardship for tens of millions of people in poverty as businesses struggle to survive.

📌 Bond Market Hints at Calm After Disruptive Selloff. Yields on longer-term U.S. government bonds have shown signs of stabilizing in recent days, easing the pressure generated on stocks by their rapid early-year climb.
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Comment on Gold on February 9, 2022:

- In yesterday's trading session, precious metal Gold went right in analysis when it increased from 1815 to 1828, closing the day session with a bullish candle around the 1825 price range. With Gold showing good momentum like Currently, in my personal opinion, Gold will continue to gain momentum and if there is any decline in Gold, it is likely to be an opportunity for us to establish a buy.
- Moving to the h4 time frame, we can see that Gold is currently in the old resistance area at 1828, so there is a possibility that there will be a downtrend but however, the strong bearish signal has not been seen yet and it is likely to follow. Gold will bounce up one more span to around 1835, it is likely to correct here. Therefore, in today's session, we will wait for the opportunity to buy if Gold corrects slightly in the Asian session and wait to sell if Gold approaches the price of 1835.
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Comment on Gold on February 14, 2022:

- At the end of the last trading week, precious metal Gold has gained quite strongly from 1806 to 1864, closing the week around 1858. With Gold showing such a good upward force, in my personal opinion Gold is likely to continue to increase in the near future.
- Moving to a smaller time frame than H4 we can see that Gold is not showing any signs of decline yet but in my opinion the current price range is not good to buy in anymore. In today's trading session, we will wait for Gold to have a downtrend so that we can establish a buy-in. The zone I am waiting for can establish a buy. buy in for this precious metal is around 1842-1848. If in today's trading session Gold corrects to this zone, we can establish a mu state. a with the above goal.
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terakhir post info analisa tahun 2019 sudah hampir 4 tahun lalu topik ini tiada aktifitas
 
saya tiba dekat post ini berharap boleh mendapat analisa gold yang baik,namun komentar terakhir 14 Feb 2022, setahun lebih post ini tidak aktrif
 
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