The gold trend remains bullish

1
Comment
Favorite

HMH
10-23

The gold trend remains bullish long-term based on Fundamental Analysis (FA) due to persistent safe-haven demand, strong central bank buying, and the prospect of lower US interest rates and a weaker US dollar.

However, Technical Analysis shows short-term risks of correction/consolidation after a rapid surge to recent all-time highs (near $4,300), signaling an overbought market. The critical psychological support level is $4,000.

My strategy is to buy on dips to capitalize on the strong fundamental tailwinds, while exercising caution given the recent volatility. FA drivers are expected to continue pushing prices higher over the medium to long term.

# 💰Stocks to watch today?(5 Dec)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":492204336915384,"tweetId":"492204336915384","gmtCreate":1761189718397,"gmtModify":1761189722780,"author":{"id":3566854457101758,"idStr":"3566854457101758","authorId":3566854457101758,"authorIdStr":"3566854457101758","name":"HMH","avatar":"https://community-static.tradeup.com/news/88bf166c1b7d91e46ff6ee0bc0404597","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.06","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":411,"starInvestorFlag":false},"themes":[{"themeId":"470d3ab575ca43caaed8156645b7ccbe","categoryId":"ab3d937a5fd848c08008411a9be702b5","name":"💰Stocks to watch today?(5 Dec)","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":470d3ab575ca43caaed8156645b7ccbe}&rnconfig={\"headerBarHidden\": true}","description":"1. What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[],"coverImages":[],"html":"<html><head></head><body>The gold trend remains bullish long-term based on Fundamental Analysis (FA) due to persistent safe-haven demand, strong central bank buying, and the prospect of lower US interest rates and a weaker US dollar. \n \n \n \nHowever, Technical Analysis shows short-term risks of correction/consolidation after a rapid surge to recent all-time highs (near $4,300), signaling an overbought market. The critical psychological support level is $4,000. \n \n \n \nMy strategy is to buy on dips to capitalize on the strong fundamental tailwinds, while exercising caution given the recent volatility. FA drivers are expected to continue pushing prices higher over the medium to long term.</body></html>","htmlText":"<html><head></head><body>The gold trend remains bullish long-term based on Fundamental Analysis (FA) due to persistent safe-haven demand, strong central bank buying, and the prospect of lower US interest rates and a weaker US dollar. \n \n \n \nHowever, Technical Analysis shows short-term risks of correction/consolidation after a rapid surge to recent all-time highs (near $4,300), signaling an overbought market. The critical psychological support level is $4,000. \n \n \n \nMy strategy is to buy on dips to capitalize on the strong fundamental tailwinds, while exercising caution given the recent volatility. FA drivers are expected to continue pushing prices higher over the medium to long term.</body></html>","text":"The gold trend remains bullish long-term based on Fundamental Analysis (FA) due to persistent safe-haven demand, strong central bank buying, and the prospect of lower US interest rates and a weaker US dollar. However, Technical Analysis shows short-term risks of correction/consolidation after a rapid surge to recent all-time highs (near $4,300), signaling an overbought market. The critical psychological support level is $4,000. My strategy is to buy on dips to capitalize on the strong fundamental tailwinds, while exercising caution given the recent volatility. FA drivers are expected to continue pushing prices higher over the medium to long term.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/492204336915384","repostId":0,"isVote":1,"tweetType":1,"viewCount":492,"commentLimit":30,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["FA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":557,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}