Gold Prices Surge: KGI Securities Sees Spot Gold Soar to $2550.77, a $35.49 Increase
Gold Online (GOU24) Market Analysis
Yesterday, the GOU24 market experienced fluctuations, reaching a low of 2517.5 before rebounding to a high of 2021.1.
Online Gold Trends: The GOU24 market is expected to vary upwards, potentially turning down to the 2004/2527 support level and bouncing back to the 2029/2049 resistance level.
Investment Strategy: We recommend opening a long position in the GOU24 contract at the 2004 support level and closing the position at the 2572/2592 resistance level (Stop loss at 2493).
For investors who opened the Long GOU24 contract at 2513 last Wednesday, the status may be closed in 2010.
Risk Management: Due to the recent rise in world gold prices, we advise investors who are risk-averse and disciplined to cut losses if the market falls below the support level.
Golden Future (GF10V24) Market Analysis
Yesterday, the GF10V24 market rose, slowing down to 40,440 before swinging up to a peak of 40,820 and closing at 40,810.
Gold Future Trends: The GF10V24 market is expected to vary upwards, although at a slower pace than the world gold market. It may bounce back and recover to 40,750/41,030 or slow down to the support line at 40,380/40,050.
Investment Strategy: We recommend opening a long contract for GF10V24 at the support level of 40,380 and closing the position at 40,750/41,030 (Stop loss at 40,050).
