Thursday Market Chills From Election Celebration | Live Stock
Gold Trades Like the New Bitcoin – TDS
Newmont Corporation: A Disappointing Quarter
Gold Futures End Lower On Stronger US Dollar, Higher US Treasury Yields
National Bank Adjusts Price Target on Newmont to CA$74 From CA$80, Keeps Sector Perform Rating
Trump's victory resulted in a Waterloo for gold, with the spot gold price plummeting over $230 from its high.
① On Thursday morning in the European market, spot gold was quoted at $2,555.98 per ounce, having fallen over $230 since the historical high on October 31. ② Analysts state that the decline in gold prices is mainly due to a shift in risk appetite and a strengthening dollar after Trump's victory. Citigroup expects that the bullish market for precious metals may pause for a few weeks. ③ Observers remain bullish on the fundamentals of gold, believing that demand from central banks for gold will remain strong.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
Fama1973 : Yes! it should be
102702622 OP Fama1973 : What is your reason? My view is purely base on the stock chart.
Fama1973 102702622 OP : me2, based on few indicators like KDJ & TSI etc..
152433912 :
same here