Majid Rahimi (Soheil) on LinkedIn: #commerzbank #gold #analyst #dollar #federalreserve #rate #market #etf… (2024)

According to the Gold Price Forecast by Commerzbank economists, XAU/USD to establish above $2,000 and even reach new record high in 2024Commerzbank experts assume that the Fed will not raise rates further, as it does not want to risk raising interest rates too far in light of the recent tightening of credit conditions. If the experts are right, the Gold will be able to regain ground in the coming months.https://lnkd.in/d5UcDFUA#gold #forecast #investmentopportunities

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Gold is expected to continue its upward trend based on the analysis provided by UBS economists. Factors such as central bank demand, broad US Dollar weakness, and potential safe-haven flows during a US recession support the buy signal for #XAUUSD. Traders should closely monitor market conditions, including any developments that may impact the US Dollar or global economic stability. TRADE IDEA DETAILSCURRENCY PAIR: #XAUUSD (Gold/US Dollar)CURRENT TREND: BullishTRADE SIGNAL: ↗️Buy Signal👉ENTRY PRICE: $1,965✅TAKE PROFIT: $2,012❌STOP LOSS: $1,928📌 https://lnkd.in/gfeZSZWj#GoldInvestment #MarketAnalysis #UBSInsights #CommerzbankForecast #GoldPriceTrends

This week going to be quite tricky and extremely busy. Have a safe trading week.Check out the detailed weekly market outlook and technical analysis here▶️ https://lnkd.in/dA3cR_E6 #weeklymarketupdate #technicalanalysis #tradingstrategies #gold #eurusd #dollar #dowjones #centralbanks #interestrates #earningsseason

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Gold Retreats As Investors Eye Powell's Upcoming Address"Gold's luster dims slightly as investors brace for Fed Chair Jerome Powell's speech later this week, with all eyes on the central bank's rate move. As U.S. bond yields experience a minor rise, the precious metal sees a modest pullback. Despite this, the SPDR Gold Trust reports an uptick in holdings, suggesting investor caution remains. Stay tuned for insights from Powell's speech and other Fed members, as market anticipates the Fed's next steps.📉 #GoldMarketUpdate #InvestmentInsights #FederalReserve #InterestRates #MarketTrends #EconomicIndicators #PowellSpeech #GoldPrices #BondYields #ETFHoldings #PreciousMetals #SPDRGoldTrust #RateHikePause #FinanceCommunity𝐍𝐨𝐭𝐞: 𝘛𝘩𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘴𝘩𝘢𝘳𝘦𝘥 𝘪𝘴 𝘧𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺 𝘢𝘯𝘥 𝘯𝘰𝘵 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘊𝘰𝘯𝘴𝘶𝘭𝘵 𝘢 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭 𝘣𝘦𝘧𝘰𝘳𝘦 𝘪𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨.

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Gold has run into resistance 3 times around $2,000-2,050/oz, currently sitting a little below at $1,950. Is a breakout immanent or is this ceiling impenetrable?•Technically gold is at the lower end of an upward moving channel, creating an interesting entry point.•Gold has weathered rising real / nominal yields, a stronger US dollar and a lack of retail inflows via ETFs. If any of these switch, gold could easily push through resistance.•Given we believe inflation will remain higher than the last couple decades and the U.S. dollar will underperform in the next bull cycle, gold should help portfolios. Click here to read more: https://bit.ly/3MYYNYt#marketanalysis #investingingold #goldmarkettrends

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Gold has run into resistance 3 times around $2,000-2,050/oz, currently sitting a little below at $1,950. Is a breakout immanent or is this ceiling impenetrable?• Technically gold is at the lower end of an upward moving channel, creating an interesting entry point.• Gold has weathered rising real / nominal yields, a stronger US dollar and a lack of retail inflows via ETFs. If any of these switch, gold could easily push through resistance.• Given we believe inflation will remain higher than the last couple decades and the U.S. dollar will underperform in the next bull cycle, gold should help portfolios.Click here to read more: https://lnkd.in/ev7ykQtG#marketanalysis #investingingold #goldmarkettrends

Gold has run into resistance 3 times around $2,000-2,050/oz, currently sitting a little below at $1,950. Is a breakout immanent or is this ceiling impenetrable?•Technically gold is at the lower end of an upward moving channel, creating an interesting entry point.•Gold has weathered rising real / nominal yields, a stronger US dollar and a lack of retail inflows via ETFs. If any of these switch, gold could easily push through resistance.•Given we believe inflation will remain higher than the last couple decades and the U.S. dollar will underperform in the next bull cycle, gold should help portfolios. Click here to read more: https://bit.ly/3MYYNYt#marketanalysis #investingingold #goldmarkettrends

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Gold has run into resistance 3 times around $2,000-2,050/oz, currently sitting a little below at $1,950. Is a breakout immanent or is this ceiling impenetrable?•Technically gold is at the lower end of an upward moving channel, creating an interesting entry point.•Gold has weathered rising real / nominal yields, a stronger US dollar and a lack of retail inflows via ETFs. If any of these switch, gold could easily push through resistance.•Given we believe inflation will remain higher than the last couple decades and the U.S. dollar will underperform in the next bull cycle, gold should help portfolios. Click here to read more: https://bit.ly/3MYYNYt#marketanalysis #investingingold #goldmarkettrends

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Gold has run into resistance 3 times around $2,000-2,050/oz, currently sitting a little below at $1,950. Is a breakout immanent or is this ceiling impenetrable?•Technically gold is at the lower end of an upward moving channel, creating an interesting entry point.•Gold has weathered rising real / nominal yields, a stronger US dollar and a lack of retail inflows via ETFs. If any of these switch, gold could easily push through resistance.•Given we believe inflation will remain higher than the last couple decades and the U.S. dollar will underperform in the next bull cycle, gold should help portfolios. Click here to read more: https://bit.ly/3MYYNYt#marketanalysis #investingingold #goldmarkettrends

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Gold has run into resistance 3 times around $2,000-2,050/oz, currently sitting a little below at $1,950. Is a breakout immanent or is this ceiling impenetrable?•Technically gold is at the lower end of an upward moving channel, creating an interesting entry point.•Gold has weathered rising real / nominal yields, a stronger US dollar and a lack of retail inflows via ETFs. If any of these switch, gold could easily push through resistance.•Given we believe inflation will remain higher than the last couple decades and the U.S. dollar will underperform in the next bull cycle, gold should help portfolios. Click here to read more: https://bit.ly/3MYYNYt#marketanalysis #investingingold #goldmarkettrends