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The 15-minute chart of the order flow shows that COMEX gold futures chips are piled up in a narrow range, pay attention to the direction decision... Click to view the latest changes in the order flow > >

The 15-minute chart of the order flow shows that COMEX gold futures chips are piled up in a narrow range, pay attention to the direction decision... Click to view the latest changes in the order flow > >

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2024-11-27 19:39:37
Institutions: Gold's decline may reflect some degree of profit-taking

U.S. gold futures fell 0.4 percent to $2,747.70 an ounce after gold hit a new record of $2772.60 an ounce in early trading. Market watchers said the decline may reflect some degree of profit-taking. SP Angel analysts said in a note that the earlier rise in gold prices was related to the continued selling of U.S. Treasuries. The BRICS summit is also in the spotlight, and ongoing de-dollarization talks will further boost gold prices. SP Angel said fund managers increased their bullish positions in...

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2024-10-24 01:42:39