Home
News
Details

StoneX: Gold Shows No Signs of Peaking, Bounces Likely to Attract Strong Buy Interest

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
StoneX analyst Matt Simpson says gold remains on an upward path, with thin end-of-year trading volume limiting downside risks. Gold has a 52% chance of rising in December, historically averaging 4.78% gains. With RSI entering overbought levels, any pullback could spark strong buy interest. Altcoins to watch may benefit from similar buying patterns if trading volume picks up in key markets.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.