📌Intergold Weekly News
Weekly Gold News Summary EP116
On July 06, 2024
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Gold rises again and back to the 41,200 baht price, plus foreign transactions are approaching $2,400 after last week, the gold price trend has been very good. Coupled with the decline in inflation figures in the United States, what will happen to gold next week? Please follow this article.
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Gold continued to benefit last week from inflation figures as well as unemployment figures that rose from 4% to 4.1%, pushing the price of gold above $2,360 and facing new resistance at $2,400.
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Therefore, we can use the classic “buy short” strategy to make profit in the market.
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As for the overseas gold price next week, it is likely to test the $2,420 or $2,450 range, and if it is the Thai gold price, it can be seen at prices ranging between $41,500 – $42,000.
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Next week, Thursday, we have to watch the news on inflation numbers. However, we still have to wait and see on Monday and Tuesday first. Where will it go? Those who want to buy gold during this period should wait and look at the price range of $2420-$2450 and $2370-$2360 or buy when the price rises 200 or falls 200 baht, in the medium to long term. It can stay in your hand without harm.
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