A new wave of support hits the gold market
- In light of the violent fluctuations that global metal markets have witnessed in recent days, gold has once again taken center stage with a sharp correction following its unprecedented historical peaks recorded last week, amid widespread questions in the markets about whether the current decline represents merely a temporary technical correction or the beginning of a more complex phase in the short term.
According to real-time data, the price of gold XAU/USD futures contracts fell today, Thursday, to about 4,855.75 dollars per ounce, recording a daily decline of nearly 2%, following a strong drop from the highest historical level of 5,595.46 dollars per ounce during the past week.
This movement comes at a time when professional traders and portfolio managers are increasingly relying on quantitative analysis tools and artificial intelligence to read potential scenarios for high-volatility markets
#JPMorganSaysBTCOverGold #cryptouniverseofficial #apxg
- In light of the violent fluctuations that global metal markets have witnessed in recent days, gold has once again taken center stage with a sharp correction following its unprecedented historical peaks recorded last week, amid widespread questions in the markets about whether the current decline represents merely a temporary technical correction or the beginning of a more complex phase in the short term.
According to real-time data, the price of gold XAU/USD futures contracts fell today, Thursday, to about 4,855.75 dollars per ounce, recording a daily decline of nearly 2%, following a strong drop from the highest historical level of 5,595.46 dollars per ounce during the past week.
This movement comes at a time when professional traders and portfolio managers are increasingly relying on quantitative analysis tools and artificial intelligence to read potential scenarios for high-volatility markets
#JPMorganSaysBTCOverGold #cryptouniverseofficial #apxg