{"id":17815,"date":"2021-05-27T07:29:26","date_gmt":"2021-05-27T05:29:26","guid":{"rendered":"https:\/\/bernstein-bank.com\/?p=17815\/"},"modified":"2021-05-27T07:29:26","modified_gmt":"2021-05-27T05:29:26","slug":"gold-trend-picks-up","status":"publish","type":"post","link":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/","title":{"rendered":"Gold trend picks up"},"content":{"rendered":"\n\n\n
\n

Gold<\/span>\u00a0 1898,535
\n(+0,11%<\/span>)<\/h4>\n<\/th>\n

\n

EURUSD<\/span>\u00a0 \u00a01,219
\n(-0,03%<\/span>)<\/h4>\n<\/th>\n

\n

DJIA<\/span>\u00a0 34233,50
\n(+2,99%<\/span>)<\/h4>\n<\/th>\n

\n

OIL.WTI<\/span>\u00a0 65,865
\n(+7,78%<\/span>)<\/h4>\n<\/th>\n

\n

DAX<\/span>\u00a0 \u00a015451,50
\n(+1,78%<\/span>)<\/h4>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n

An idea that we constantly bring to the attention of our subscribers. Markets are extremely insidious and like to do things that no one expects them to do. This is exactly how the gold market is behaving this year.<\/p>\n


\nXAU<\/strong><\/p>\n

\"XAU\"<\/p>\n

Since the beginning of 2021, inflation has started to accelerate around the world. Commodity prices began to rise rapidly. And gold, which is considered the best defence against inflation, began to fall. And it fell for four months. What did fundamental traders have to do? They had to constantly close their positions on stops. Then they would go long again, hoping that finally an uptrend started. And then they would exit again on stops.
\nAll this went on until the gold began to not interest anyone. The attention of the markets switched to Bitcoin’s rise. Moreover, one of the growth drivers of the first cryptocurrency was the overflow of money from gold ETFs into BTC. As a result, both volatility and trading volumes on the yellow metal fell to an annual low.
\nIt was at this point that we suggested that the market had finally bottomed out. There is simply no one to sell further. The technical and fundamental point of view showed that at any moment an uptrend will start. It began. The whole beauty of the situation for the bulls is that the gold has been rising for a month, and not many people pay attention to this growth. This means that we are still very far from the potential end of the move. The higher the prices go up, the more funds and speculators will go back into the longs, only pushing the price higher.
\nWe noted that the only risk for the bulls is a potential interest rate hike in the US. However, the Fed governor has once again reassured the markets. Rates will not rise for a long time to come. Therefore the nearest psychological resistance is at 2000$. After its passing, the talks that gold is highly undervalued will start again. And predictions of new historical highs for the yellow metal this year.<\/p>\n

14.30 US Q1 GDP
\n14.30 US Durable Goods Orders for April<\/p>\n

\n

Important Notes on This Publication: <\/small><\/p>\n

The content of this publication is for general information purposes only. In this context, it is neither an individual investment recommendation or advice nor an offer to purchase or sell securities or other financial products. The content in question and all the information contained therein do not in any way replace individual investor- or investment-oriented advice. No reliable forecast or indication for the future is possible with respect to any presentation or information on the present or past performance of the relevant underlying assets. All information and data presented in this publication are based on reliable sources. However, Bernstein Bank does not guarantee that the information and data contained in this publication is up-to-date, correct and complete. Securities traded on the financial markets are subject to price fluctuations. A contract for difference (CFD) is also a financial instrument with leverage effect. Against this backdrop, CFD trading involves a high risk up to the point of total loss and may not be suitable for all investors. Therefore, make sure that you have fully understood all the correlating risks. If necessary, ask for independent advice.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold\u00a0 1898,535 (+0,11%) EURUSD\u00a0 \u00a01,219 (-0,03%) DJIA\u00a0 34233,50 (+2,99%) OIL.WTI\u00a0 65,865 (+7,78%) DAX\u00a0 \u00a015451,50 (+1,78%) An idea that we constantly bring to the attention of our subscribers. Markets are extremely…<\/p>\n","protected":false},"author":37,"featured_media":17595,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-17815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nGold trend picks up | Bernstein Bank<\/title>\n<meta name=\"description\" content=\"An idea that we constantly bring to the attention of our subscribers. Markets are extremely insidious and like to do things that no one expects them to do\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold trend picks up | Bernstein Bank\" \/>\n<meta property=\"og:description\" content=\"An idea that we constantly bring to the attention of our subscribers. Markets are extremely insidious and like to do things that no one expects them to do\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/\" \/>\n<meta property=\"og:site_name\" content=\"Bernstein Bank\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-27T05:29:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"455\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Wordpress Support\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Wordpress Support\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/\"},\"author\":{\"name\":\"Wordpress Support\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"headline\":\"Gold trend picks up\",\"datePublished\":\"2021-05-27T05:29:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/\"},\"wordCount\":555,\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/\",\"url\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/\",\"name\":\"Gold trend picks up | Bernstein Bank\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg\",\"datePublished\":\"2021-05-27T05:29:26+00:00\",\"author\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"description\":\"An idea that we constantly bring to the attention of our subscribers. Markets are extremely insidious and like to do things that no one expects them to do\",\"breadcrumb\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#primaryimage\",\"url\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg\",\"contentUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg\",\"width\":800,\"height\":455,\"caption\":\"morning-news\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bernstein-bank.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold trend picks up\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\",\"url\":\"https:\/\/bernstein-bank.com\/en\/\",\"name\":\"Bernstein Bank\",\"description\":\"Bernstein Bank GmbH\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ENH\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\",\"name\":\"Wordpress Support\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold trend picks up | Bernstein Bank","description":"An idea that we constantly bring to the attention of our subscribers. Markets are extremely insidious and like to do things that no one expects them to do","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/","og_locale":"en_US","og_type":"article","og_title":"Gold trend picks up | Bernstein Bank","og_description":"An idea that we constantly bring to the attention of our subscribers. Markets are extremely insidious and like to do things that no one expects them to do","og_url":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/","og_site_name":"Bernstein Bank","article_published_time":"2021-05-27T05:29:26+00:00","og_image":[{"width":800,"height":455,"url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg","type":"image\/jpeg"}],"author":"Wordpress Support","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Wordpress Support","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#article","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/"},"author":{"name":"Wordpress Support","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"headline":"Gold trend picks up","datePublished":"2021-05-27T05:29:26+00:00","mainEntityOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/"},"wordCount":555,"image":{"@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg","articleSection":["News"],"inLanguage":"ENH"},{"@type":"WebPage","@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/","url":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/","name":"Gold trend picks up | Bernstein Bank","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#primaryimage"},"image":{"@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg","datePublished":"2021-05-27T05:29:26+00:00","author":{"@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"description":"An idea that we constantly bring to the attention of our subscribers. Markets are extremely insidious and like to do things that no one expects them to do","breadcrumb":{"@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#breadcrumb"},"inLanguage":"ENH","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/"]}]},{"@type":"ImageObject","inLanguage":"ENH","@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#primaryimage","url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg","contentUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2021\/03\/morning-news.jpg","width":800,"height":455,"caption":"morning-news"},{"@type":"BreadcrumbList","@id":"https:\/\/bernstein-bank.com\/en\/gold-trend-picks-up\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bernstein-bank.com\/en\/"},{"@type":"ListItem","position":2,"name":"Gold trend picks up"}]},{"@type":"WebSite","@id":"https:\/\/bernstein-bank.com\/en\/#website","url":"https:\/\/bernstein-bank.com\/en\/","name":"Bernstein Bank","description":"Bernstein Bank GmbH","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ENH"},{"@type":"Person","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48","name":"Wordpress Support"}]}},"_links":{"self":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/17815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/comments?post=17815"}],"version-history":[{"count":0,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/17815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media\/17595"}],"wp:attachment":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media?parent=17815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/categories?post=17815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/tags?post=17815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}