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Market Analysis for Today

SOOLIKE | 2025-01-15 09:14

Abstract:Concerns about the Federal Reserves policy interest rates on gold prices are gradually fading, as the Feds policy interest rates have taken over market sentiment this week. After a sharp decline on Mo

Concerns about the Federal Reserve's policy interest rates on gold prices are gradually fading, as the Fed's policy interest rates have taken over market sentiment this week. After a sharp decline on Monday, gold prices rebounded slightly on Tuesday, trading close to $2,670. Safe-haven sentiment is also boosting gold, amid headlines that President-elect Donald Trump's administration is considering the phased implementation of its tariff plan. According to insiders, the Trump administration is very concerned about inflation shocks and wants to avoid them at all costs.

Gold opened at around 2679and rose to around 2679at the highest and around 2672 at the lowest before press time.Pay attention to the resistance of 2680-2690-2700 If it fails to break through, it will test 2640-2630-2620

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SOOLIKE
Company name:SOOLIKE CAPITAL MARKETS
Score
1.37
Website:https://soolike.com/en
2-5 years | Regulated in South Africa | Derivatives Trading License (EP) | Suspicious Operational Region
Score
1.37

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