📌Intergold Weekly News
Gold News Summary for the Week EP118
Date: 20 July 2024
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Gold prices have surged to 42,000 baht once more, driven by supportive fundamental factors. This recent rise marks a new all-time high for gold, surpassing previous records. What’s next for gold? Read on to find out.
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A global CrowdStrike outage disrupted trading systems worldwide, impacting various business sectors. This event may have affected gold trading, as some brokers experienced temporary downtime. The stock market also saw a sharp downturn, with major companies like Amazon and Microsoft experiencing significant losses.
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This presents an opportunity for those looking to buy gold, as prices dipped below $80 due to a sell-off triggered by a lack of liquidity from large investors.
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Despite the recent dip, gold remains in an uptrend. This dip presents a potential buying opportunity, as prices have dropped to support levels. We believe that gold has the potential to reach our target of $2,500.
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📌Intergold Weekly News
Gold News Summary for the Week EP118
Date: 20 July 2024
.
The price of gold has risen to 42,000 baht once more, amidst fundamental factors that are quite supportive of gold. As a result, gold in the past week has returned to an all-time high once more, which can be said to be breaking the previous record. What will happen to gold next week? Please follow this article.
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CrowdStrike crashed worldwide, affecting the global trading system. It can be said that all business sectors have been affected. The investment sector may have an impact on gold trading or trading, as some gold trading brokers may be temporarily unavailable. Including stocks of large companies such as Amazon, Microsoft, etc., which have fallen sharply.
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This is good news for those who are buying or those who don’t have any yet because gold prices have dropped below $80 or are going once morest the uptrend because liquidity of large investors has disappeared, leading to a sell-off of gold, causing prices to fall.
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It is recommended to buy it as it can be said that the price has dropped to support it. However, we still believe that gold is still in an uptrend. The price can continue to rise if our target is $2,500.
.
Watch the clip at:
Read more content:
Gold price today :gold-price/
#goldprice #goldprice #today’sgoldprice #goldpricetrend #goldanalysis #today’sgoldprice #goldup #goldgraph #goldpricegraph #goldpricetrend #gold #gold #goldbar #onlinegoldtrading #GOLD #updategoldprice #XAUUSD #USD #gold #interestrate #Fed #Intergold #weakbaht #baht
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