Published On: February 19th, 2025Categories: Trade Ideas
In this flash report, we take a look at the gold market. Gold’s rally has continued into early 2025, nearing the $3,000/oz mark, driven by strong central bank demand, alongside geopolitical uncertainty and physical market tightness. Investment demand has also revived, particularly through ETFs. However, technical signals point to overbought conditions, raising the risk of short-term corrections, even as the medium-to-long-term outlook remains structurally bullish.
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