With gold prices reaching new highs, what trading logic should we focus on? | Moomoo research

Moomoo Research03:33 ET

Gold Prices Keep Breaking Records in 2024. Central Banks Are Driving the Rally.

MarketWatchAug 16 20:29 ET

Gold hits a new record high, Eu raises smallpox epidemic alert level | Global Market

① S&P, Nasdaq rose for 7 consecutive days, and the three major indexes of US stocks jointly recorded the largest weekly increase this year; ② The Fed's interest rate cut cycle is approaching, and spot gold has historically exceeded $2,500/ounce for the first time; ③ Officials in multiple countries expect that "Iran will postpone retaliation plans" and US Secretary of State flew to the Middle East on Saturday; ④ The EU has raised the monkeypox epidemic alert level, and multiple news have stimulated monkeypox concept stocks to continue rising.

cls.cnAug 16 19:43 ET

Gold Extends Record Run as Broad Market Volatility Lures Buyers

MarketWatchAug 16 12:42 ET

Gold Price Consolidates Amid Geopolitical Risks, Reduced Bets for 50 Bps Fed Rate Cut

FXStreetAug 15 22:12 ET

US Inflation Eases for Fourth Straight Month

BloombergAug 15 03:54 ET