GOLD: Upward Momentum is Unchangeable!

Hello everyone! Today i want to share some macro analysis with you!

$Gold - main 2412(GCmain)$ Early Wednesday (30 October) Asian market, spot gold continued to rise, up to touch 2780 U.S. dollars / ounce, a new record high, October cumulative rise of nearly 150 U.S. dollars. The record high. Middle East tensions and U.S. election uncertainty to the gold price to provide upward momentum.

Today's noteworthy data and events are:

1. U.S. ADP employment for October;

2. U.S. real personal consumption expenditures in the third quarter of the preliminary quarterly rate;

3. the preliminary annualised quarterly rate of US real GDP for the third quarter;

4. the preliminary annualised quarterly rate of the US core PCE price index for the third quarter;

5. U.S. EIA crude oil inventories, Cushing, Oklahoma crude oil inventories, and Strategic Petroleum Reserve inventories for the week ending 25 October $XAU/USD(XAUUSD.FOREX)$

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Gold Hits $2800! Have You Jumped In?

Gold hits $2800 yesterday. The precious metal has risen 34% YTD. ----------------- Will the price of gold reach $3,000 this year? Have you jumped in the asset? Are you bullish on gold as USD will decrease?

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.

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The precious metal has risen 34% YTD.\n-----------------\nWill the price of gold reach $3,000 this year?\nHave you jumped in the asset?\nAre you bullish on gold as USD will decrease?","image":"https://community-static.tradeup.com/news/fa205bc5220f89bda52097b098fae8ad"}],"images":[{"img":"https://community-static.tradeup.com/news/74ae1594898f8399c9911da2c8c461d2","width":"823","height":"468"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/74ae1594898f8399c9911da2c8c461d2","width":"823","height":"468"}],"title":"GOLD: Upward Momentum is Unchangeable!","html":"<html><head></head><body>Hello everyone! Today i want to share some macro analysis with you!1. <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2412\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2412(GCmain)$</a> Early Wednesday (30 October) Asian market, spot gold continued to rise, up to touch 2780 U.S. dollars / ounce, a new record high, October cumulative rise of nearly 150 U.S. dollars. The record high. Middle East tensions and U.S. election uncertainty to the gold price to provide upward momentum.Today's noteworthy data and events are:1. U.S. ADP employment for October;2. U.S. real personal consumption expenditures in the third quarter of the preliminary quarterly rate;3. the preliminary annualised quarterly rate of US real GDP for the third quarter;4. the preliminary annualised quarterly rate of the US core PCE price index for the third quarter;5. 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Today i want to share some macro analysis with you! 1. $Gold - main 2412(GCmain)$ Early Wednesday (30 October) Asian market, spot gold continued to rise, up to touch 2780 U.S. dollars / ounce, a new record high, October cumulative rise of nearly 150 U.S. dollars. The record high. Middle East tensions and U.S. election uncertainty to the gold price to provide upward momentum. Today's noteworthy data and events are: 1. U.S. ADP employment for October; 2. U.S. real personal consumption expenditures in the third quarter of the preliminary quarterly rate; 3. the preliminary annualised quarterly rate of US real GDP for the third quarter; 4. the preliminary annualised quarterly rate of the US core PCE price index for the third quarter; 5. 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