Gold Price Outlook – Gold Pulls Back on Thursday
Portfolio Pulse from
The gold market experienced a slight pullback on Thursday, but the overall sentiment remains bullish with expectations for further growth. The $2700 level is seen as a significant support point.
January 23, 2025 | 3:45 pm
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AAAU, a gold-backed ETF, may see short-term fluctuations due to the recent pullback in gold prices. However, the overall bullish sentiment in the gold market suggests potential for growth.
AAAU is directly tied to gold prices, which pulled back slightly. However, the market's bullish outlook and the $2700 support level suggest potential for price increases, positively impacting AAAU.
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IMPORTANCE 70
RELEVANCE 80