XAUUSD - Psychological resistance level 2000 and market trend
The global spot gold price was around $2,009.3/oz, down 117.7/OZ from overnight. Comex New York February 2024 gold futures price is $2,011.5 per ounce.
At 8pm (Vietnam time) on January 17th, the spot gold price in the world market today was around $2,027 per ounce. The February 2024 Comex New York delivered gold price is $2,035 per ounce.
On the night of January 17th, the global gold price was approximately 11.1% higher ($203 per ounce) than at the beginning of 2023. The global gold price converted to US dollar bank prices was VND 60.9 million/tail including taxes and fees, about VND 15.3 million/tail lower than the domestic gold price as of late afternoon on January 17.
Global gold remains under pressure due to the sharp rise in the US dollar. Domestically, both SJC gold bars and gold rings are trending lower due to concerns about government intervention.
Current Gold I see is completely on the Sell side. The current price is likely to fall further to the 19xx area.
> Today I will continue to monitor sales in the 2012>2015 area
SL 2020
City 2002>19xx
>Buy Points Today will be dominated by short-dip buying according to RSI. And the Canh Sell family is the main one
At 8pm (Vietnam time) on January 17th, the spot gold price in the world market today was around $2,027 per ounce. The February 2024 Comex New York delivered gold price is $2,035 per ounce.
On the night of January 17th, the global gold price was approximately 11.1% higher ($203 per ounce) than at the beginning of 2023. The global gold price converted to US dollar bank prices was VND 60.9 million/tail including taxes and fees, about VND 15.3 million/tail lower than the domestic gold price as of late afternoon on January 17.
Global gold remains under pressure due to the sharp rise in the US dollar. Domestically, both SJC gold bars and gold rings are trending lower due to concerns about government intervention.
Current Gold I see is completely on the Sell side. The current price is likely to fall further to the 19xx area.
> Today I will continue to monitor sales in the 2012>2015 area
SL 2020
City 2002>19xx
>Buy Points Today will be dominated by short-dip buying according to RSI. And the Canh Sell family is the main one
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