Gold at 100 Times its Price - A Psychological LevelGold has now risen to 100 times its previously fixed price of $35 per ounce.
Is this a psychological milestone signaling a correction ahead, or is there still more upside potential?
Under the Gold Reserve Act of 1934, gold was officially priced at $35, a rate maintained until 1971, when President N
WHAT IS A LOW RISK ENTRY POINT?WHAT IS A LOW RISK ENTRY POINT?
First off, reminder that you will never find a low risk entry point at a low.
You need upwards movement off a low to start creating the upwards velocity, to create the uptrend, which will lead to the faster, more sustained gains.
The true party starts once the conf
Strength in Precious Metals ContinuesGold and Silver are showing strength starting off the week after showing gains yesterday and today, with Silver up over 2% and Gold up near 1.5% on the session today. Both Gold and Silver had strong moves higher in 2024, Gold most notable due to the market creating a new all time high price. A big c
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Gold USD per ounce Futures is 3,316.0 USD — it has fallen −1.09% in the past 24 hours. Watch Gold USD per ounce Futures price in more detail on the chart.
The volume of Gold USD per ounce Futures is 63.60 K. Track more important stats on the Gold USD per ounce Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gold USD per ounce Futures this number is 81.28 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold USD per ounce Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Gold USD per ounce Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Gold USD per ounce Futures technicals for a more comprehensive analysis.