GOLD...Hello friends
Due to the entry of buyers and the strong breakdown of the indicated resistance, the price is expected to move to the indicated targets.
*Trade safely with us*
Goldprediction
GOLD - LETS BRING GOLD TO HELLTeam, last week we bring GOLD to the moon or climb a mountain of GOLD, if you check the history
Today we are shorting range at 3381-3386
Target 1 at 3356-3338
Target 2 at 3315-3306
NOTE: once the BRING drop below 3360 - bring stop loss to BE
Let's kill the GOLD tonight. Like we did few times last week.
Please carefully with your volume. and calculate what the RISK you are going to take
Tonight, we did LIVE trading on US30/DOW, it was a easy kill ... everyone was happy.
Please check out my latest video how you can make $5000 per week with simple strategy.
Gold Watch Out for Information Smoke Bombs
💡Message Strategy
Trump's tariff stick ignites the market again
Last Friday, US President Trump's remarks were like a bombshell. He publicly stated that he planned to significantly increase the tariff on imported steel and aluminum from the current 25% to 50%. This radical move immediately triggered a strong reaction from global trading partners. The European Commission immediately issued a warning, saying that Europe is ready to take retaliatory measures.
A weaker dollar boosted gold prices
In addition to safe-haven demand, the weakening of the U.S. dollar index also provided additional support for gold's rise. During the Asian trading session on Monday, the U.S. dollar index fell 0.5% to 98.93, also hitting a new low in nearly four trading days. Since gold is denominated in U.S. dollars, a weaker dollar usually makes gold cheaper for holders of other currencies, thereby stimulating demand.
📊Technical aspects
The international news seems to be bullish for gold, but from the technical trend, gold is currently trapped in a sideways shock at the daily level. After continuous declines, it failed to continue the decline, but continued to be suppressed by the 3350 area. On the weekly line, gold hovered around the 5-day moving average and fluctuated. At the monthly level, it closed with a cross star. From the technical trend point of view, this cross star at the monthly level can be used for attack or defense. However, from the weekly level, the strength and space of the direct upward rush are extremely limited. Without major positive news stimulation, it is difficult to form a trend of rising in the short term. It is highly likely that it will still form a high-rise and fall with the help of fragmentary positive news.
In the short term, focus on whether the suppression of 3350 area can be broken. If it is always under pressure at 3350, it is still expected to fluctuate in the daily range, and the fluctuation range is 3350-3270. Once it breaks through and stands above 3350, gold will have a round of daily level rise in the short term. Once it breaks through the suppression of 3350, you can follow up and go long. On the contrary, before 3350 is broken, you should not rush to chase or be overly bullish.
💰 Strategy Package
Short Position：3345-3360，3365-3375
GOLD - at CUT n REVERSE Area? what's next??#GOLD - market broke his tringle line and rise and now again marke trade above his current supporting area that is around 3342 to 3345
keep close that mentioned supporting region and keep close.
Note: we will go for cut n reverse below that region on confirmation.
good luck
trade wisely
Short position opportunity at 3366 suppression pointAt present, the focus of gold is on the previous high point of 3360-3366. If the rebound fails to effectively break through this range, you can consider entering a short position. Although gold is in a high-level oscillation stage, you should not blindly chase more. If the upper suppression continues to be effective, there is a risk of a technical correction. If you encounter confusion in operation, please feel free to communicate at any time; if the current gold operation is not ideal, I hope to help you avoid risks and reduce investment detours. I look forward to your contact.
From the perspective of the 4-hour cycle, the upper resistance focuses on the 3360-3366 line, and the short-term support below focuses on the 3320-3325 area. It is recommended to keep operating in line with the trend and follow the main trend unchanged.
Operation strategy: When gold rebounds to the 3360-3366 line and fails to break through, arrange short positions, and target the 3320-3325 range.
Gold is rising strongly, waiting for a breakthrough.Gold prices soared after the Asian market opened, reaching an intraday high near 3363. However, today's market is also affected by many black swan events.
Event summary:
On the eve of the ceasefire negotiation between Russia and Ukraine, Ukraine attacked a Russian military base with a drone; the United States said it was unaware of the incident.
Trump made a statement saying that China violated the relevant provisions on trade tariffs, and then the US Treasury Secretary said: The United States will never default. This news has worsened Sino-US trade relations.
Due to the sudden black swan event, the sentiment for gold as a safe-haven asset has rapidly heated up, and the price of gold has skyrocketed in the Asian market.
At present, due to the impact of international events, the price of gold has calmed down after the correction, and is currently consolidating around 3355. The 1-hour chart shows that the 5-day MA moving average is currently flat, but the 10-day and 30-day MA moving averages have turned sharply and are on an upward trend, so I think that the current rise in gold has not yet reached its peak.
Market analysis:
The support level in the Asian morning session is around 3300, and the gold price has successfully stood above 3330, and the lower support has also moved up to around 3330; the intraday gold price has a very small retracement, and it is still breaking through the upper side. It is currently trying to break through the cycle suppression level of 3365. After a strong breakthrough, it will reach the cycle high point of 3370. If it fails to break through strongly, the price will fall below 3365 and may touch the current support level of 3330.
Operation strategy:
Buy near 3345, stop loss 3335, target range 3360-3370.
Gold: Bullish Flag Formation Suggests Further Upside Potential Hello guys, let's dive into Gold analysis!
Gold is currently forming a bullish flag pattern, a continuation formation that typically follows a strong upward impulse (flagpole). After a sharp rally, the price consolidated within a downward channel, creating the classic flag structure.
🔍 Technical Breakdown:
Flagpole: The strong bullish rally in early April marks the beginning of the uptrend.
Flag (Channel): Price has corrected in a downward-sloping channel, respecting both upper and lower bounds, creating a textbook flag pattern.
Breakout Zone: Price is now testing the upper boundary of the flag. A confirmed breakout above this resistance would signal a continuation of the prior uptrend.
🎯 Price Targets:
First Target: Around $3,445, which aligns with the measured move from the breakout point.
Second Target: Around $3,725, representing full flagpole projection from the breakout zone.
📌 Key Levels to Watch:
Breakout Confirmation: A strong 4H close above the flag’s upper boundary (~$3,260) with volume confirmation would validate the pattern.
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Invalidation: A rejection from the resistance and a fall below the channel may delay the bullish scenario, potentially retesting lower support around $3,090.
📊 Conclusion:
This setup favors bulls, but patience is key. Traders may consider waiting for a clear breakout and retest for safer long entries, aiming for the outlined targets.
As expected the price surged upward.🔥 Gold Market Update 🔥
The gold market has shown a powerful and impressive move, exactly as we had predicted earlier! 📈
As expected, the price surged upward — a perfect reflection of our previous analysis. ✅
📉 Current Scenario:
Despite the recent spike, the market is still trading in a bearish zone.
We recommend waiting patiently for a clean break above $3360, along with a confirmed candle close above that level.
💡 If this happens, we can expect the market to turn strongly bullish and potentially target higher resistance levels.
However, if $3360 fails to break, then a retracement is likely, giving traders another opportunity to re-enter.
⏳ Stay alert, follow the levels, and trade smartly — big moves could be just around the corner!
DYOR! Not Financial Advice.
Gold Price Analysis June 2With the recovery waves of the D1 frame, the position of Gold returns to the wide Sideway near the ATH zone
3360 and 3260 sideway 100 price for the current trend. And today it is still possible to break this zone.
GOLD increased strongly in the European session, touching the upper border of the sideway model
The h1 wave is still a more bullish wave. With the support zone opening the GAP of the Asian session 3296 is still considered a strong support zone today. The breakout zone in the morning also becomes an important support zone
In the opposite direction of the break 3360, there is still a zone 3368 as the immediate resistance before the Gold price is on the way to ATH. Attention daily resistance 3396
Affected by tariffs, gold prices rebounded to above 3,300
Gold finally broke the calm of the past and resumed its upward trend. What happened? This is also thanks to President Trump, who imposed tariffs again over the weekend, and there was also news of air strikes. The combination of the two directly broke the calm of gold prices in the past.
So where can this wave of gold go? Technically, gold 1-hour cycle, maintained fluctuations around 3,348, and the support line is expected to be around 3,330.
Our strategy today is also very simple. As long as the gold price retests around 3,360-3,350, I will go short. Which specific position can stop profit? I will tell my VIP.
XAUUSD | 1h BearishGold (XAUUSD) 1H Analysis
Currently, gold is showing signs of a potential bearish reversal from a key supply zone. Price tapped into the previous high and reacted with strong rejection, suggesting weakening bullish momentum. This area aligns with a clear zone of interest, where sellers previously stepped in, adding confluence to our bearish bias.
The structure has been respected so far, and price has now broken below the minor trendline support, which previously acted as dynamic support for this bullish leg. A pullback to retest this broken structure or the imbalance zone just above could provide an optimal entry for further downside.
The trade idea is built on a potential shift in market structure:
A double top internal structure formation is visible at the recent high, indicating exhaustion in the uptrend.
Price is expected to push lower, targeting TP1, which sits at the previous strong support zone and aligns with the internal structure break.
Further continuation to the downside could take price toward the 0.5 FIB retracement level and PDL (Previous Day Low)—both strong liquidity areas.
We are anticipating a reaction from these lower zones. If bullish momentum reappears there, it may offer a chance to reposition for long setups later. For now, the bias remains bearish while price holds below the supply zone and structure confirms.
Buyers Stepping In – Is $XAUUSD Ready to Move?Gold is still holding the key support zone around $3,285–$3,290 and slowly gaining strength.
As long as this level holds, we could see the price move up to $3,320, and if momentum stays strong, maybe even $3,340+.
The structure looks good, and buyers are stepping in.
Keep an eye on a possible breakout above the dotted trendline. 👀
#XAUUSD
Is the positive news fading? The latest analysis of gold📰 Impact of news:
1. The conflict between Russia and Ukraine breaks out again, exacerbating the uncertainty of the situation
2. The tension in the Middle East continues, Iran claims to be ready to defend its airspace at any time, and the Houthi armed forces attack Israeli airports
3. May PMI data released
📈 Market analysis:
As geopolitical conflicts between Russia and Ukraine and the Middle East broke out again over the weekend, gold jumped higher today. From a technical perspective, the 1H chart shows a bullish arrangement, but the gold price is in a downward channel at the daily level. The gold price is currently near the middle track of the Bollinger Band and is obviously suppressed by the downward channel. The 4H level Bollinger Bands narrowed, the moving averages adhered, the long and short positions were in a stalemate, and the MACD indicator hovered around the 0 axis. 3330 - 3335 above is the key resistance area. If it breaks through 3340, it is expected to continue to see new highs. At the same time, there is short-term support in the 3285-3280 range below. 3270 - 3265 becomes the key important support. If it falls below, it may fall to 3245. For short-term operations in the Asian and European sessions today, if the resistance area of 3325-3335 cannot be effectively broken through, you can consider shorting and look towards 3310-3290 in the short term.
🏅 Trading strategies:
SELL 3325-3335
TP 3310-3290
If you agree with this view, or have a better idea, please leave a message in the comment area. I look forward to hearing different voices.
TVC:GOLD FXOPEN:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD OANDA:XAUUSD
Trade conflicts are re-emerging, will gold rise?Information summary:
Gold prices rose slightly in early Asian trading on Monday, affected by the long-term uncertainty of tariffs and international geopolitical conflicts, which increased the demand for safe-haven assets.
Trump made a statement earlier that China had violated the Sino-US trade negotiation regulations in a big way; then the US Treasury Secretary assured that the United States would never default. This has once again led to tensions in Sino-US trade relations, and investors are also cautious about this news.
This news has undoubtedly disrupted the international market and supported the rise in gold prices.
Traders need to pay attention to the May ISM manufacturing report to be released by the United States today, which may affect the new trend of gold.
Trading analysis:
I think the repeated emotions of the United States on tariffs will cause gold prices to rebound after a downward adjustment, and then fall slightly.
If gold cannot break through the upward 3350 cycle pressure level strongly and stabilize above this position. Then the price will fall back below this position.
Operation strategy:
Long at 3340, stop loss at 3330, take profit at 3350.
Short at 3350, stop loss at 3365, profit range is around the early support level of 3300-3390.
If you want to trade steadily, you can continue to wait and see for some time, because there are too many black swan events in the Asian market today, and the market is full of uncertainty.
Gold Price Forecast – Bullish Reversal from Support Zone.This 2-hour chart of Gold Spot (XAU/USD) displays a technical analysis setup with key support and resistance zones. The price recently bounced from a significant green support zone near $3,260, suggesting bullish momentum. The projected blue zigzag arrow illustrates a potential upward price movement towards the $3,340 resistance area, indicating a bullish reversal scenario. Volume bars at the bottom highlight recent buying interest. If the price sustains above the immediate resistance (~$3,280), it may continue to rise, targeting successive resistance levels around $3,320 and $3,340.
Gold Finds Support in PRZ – $3,337 in Sight? As I expected in my previous idea , Gold ( OANDA:XAUUSD ) moved towards the Support zone($3,280-$3,245) after breaking the lower line of the ascending channel.
Gold is moving near the Support zone($3,280-$3,245) , Potential Reversal Zone(PRZ) and Monthly Pivot Point .
In terms of Elliott Wave theory , Gold appears to be completing a main wave 4 . The structure of the main wave 4 can be complex . Confirmation of the end of the main wave 4 requires a break of the Resistance lines and Resistance zone($3,387-$3,357) .
I expect Gold to move up after entering the Potential Reversal Zone(PRZ) and the first target could be $3,314 and the second target could be $3,337 . If the momentum is high for Gold, you can consider higher targets for Gold to increase .
Note: If Gold touches $3,245 , we should expect further declines.
Gold Analyze ( XAUUSD ), 2-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
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GOLD H1 Chart Update For 2 June 25As you can see that there are some important zones mentioned on the chart
First read all details carefully market is in sideways for now once market will break 3330 level then it will move further higher towards 3360 even 3370
3300 Psychological Remains in focus once market breaks 3300 then it will try to fill the OPENING GAP which is due on 3289
for today if market sustains below 3280 level then it will move towards 3240-50 zone
Scalping or shorter term range in 3295-3320
Remember always use SL
Disclaimer: Forex is Risky
The international situation is turbulent, how is the trend of goInformation summary:
On June 1, Russia and Ukraine continued to clash. Ukrainian drones attacked several Russian military airports, including military bases in eastern Siberia, more than 40 aircraft were damaged, and the loss was about 2 billion US dollars. This was the first time that a military base in Siberia was attacked by a drone. Murmansk Oblast was also attacked by a drone on the same day.
However, on the same day, Russia and Ukraine planned to hold a second round of ceasefire negotiations in Istanbul on June 2. The United States said that it was not informed of the Ukrainian attack in advance. Russia and the US Foreign Minister discussed the negotiation plan by phone. The Hungarian Prime Minister revealed that the mediation in 2024 was unsuccessful, and the two sides had obvious differences on the timing of the ceasefire.
The current situation is complicated, the prospects for peace talks are unclear, and market risk aversion and economic data (this week's employment report, central bank interest rate decision, etc.) have become new focuses.
Gold trend analysis:
From the daily chart, the current daily support position is around 3280. This position is the key to the gold band trend. Since the price has broken upward recently, it has stepped back many times and finally closed above the daily support, so the position of the daily support is still the key. Before falling below this support level, the price will most likely maintain a range of 3320-3280 US dollars.
Operation strategy:
Buy near 3280, stop loss 3270, profit position 3320.
"Demand Activated – Eyes on the Next Move"After a solid bullish move, the price has now retraced into a fresh demand zone between 3305 and 3298. This area is where the last significant impulsive move originated, breaking structure and sweeping up liquidity.
Here’s what we’re keeping an eye on:
✅ Look for bullish rejection candles or engulfing patterns forming within the demand zone.
✅ We need confirmation on lower timeframes (M1–M5) that shows a break of structure (BOS) or strong wick rejections.
✅ It’s crucial that the price doesn’t drop below 3298, as that would invalidate our bullish outlook.
If the demand holds up:
🎯 TP1: 3315
🎯 TP2: 3321 (This is close to the supply and imbalance fill zone)
This setup is a classic Smart Money strategy — it includes:
A liquidity sweep below the lows
A break of structure (BOS)
Filling the imbalance
Tapping into fresh demand
Execution needs to be precise — avoid chasing. Be patient and wait for the price to come to you, then react wisely.
XAU/USD) Bearish trand analysis Read The ChaptianSMC trading point update
Technical analysis of XAU/USD (Gold Spot) on the 1-hour timeframe, based on Smart Money Concepts (SMC). Here's a breakdown of the idea and trading scenario:
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Overall Idea: Bearish Continuation
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Market Context
Current Price: $3,291.99
EMA 200: $3,297.69 (acting as dynamic resistance)
Trend: Price is within a descending channel, respecting both downtrend and uptrend lines
Directional Bias: Bearish unless a breakout occurs
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Key Zones
1. Resistance Level (Sell Zone)
Around $3,320–$3,340
Price rejected this level multiple times → strong supply zone
2. FVG Level (Fair Value Gap)
Around $3,305–$3,315
Price tapped this area and showed rejection
Identified as a "seller zone" – price likely filled imbalance and now resuming trend
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Projected Move
Price is expected to:
1. Reject EMA and FVG zone
2. Continue downward movement
3. Target support around $3,244.95
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Indicators
EMA 200: Above price → bearish pressure
RSI (14): ~46.78 → no extreme reading, but leans bearish; room for further downside
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Trade Idea Summary
Bias: Bearish
Sell Entry: ~$3,300–$3,310 (already triggered)
Stop Loss: Above $3,320
Target: $3,244.95 (demand zone / previous low)
Risk/Reward: Favorable (~1:2+)
Mr SMC Trading point
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Warnings
Multiple economic event icons are marked (bottom of chart) → potential high volatility, especially around NFP/FOMC-related news
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pales support boost 🚀 analysis follow)
Unmasking the "Intrinsic Value" Debate Between Gold vs BTCFool's Gold? Unmasking the "Intrinsic Value" Debate Between Gold and Bitcoin
The assertion is a familiar one, a well-worn cudgel in the ongoing debate between traditional assets and their digital counterparts: "Gold has intrinsic value that Bitcoin doesn't." This statement often serves as the bedrock for arguments championing the yellow metal's timeless appeal while dismissing cryptocurrency as mere speculative froth. But what if this foundational claim, this appeal to gold's inherent, undeniable worth, is built on shakier ground than its proponents believe? What if the very notion of "intrinsic value" as applied to these assets is a misunderstanding, a convenient narrative rather than an objective truth?
This exploration will journey into the heart of this debate, dissecting the concept of intrinsic value and examining how it truly applies – or doesn't – to both gold and Bitcoin. We will scrutinize gold's much-vaunted industrial utility against the backdrop of its vast above-ground stocks and its overwhelming monetary premium. We will consider whether value is indeed an inherent property of an object or a subjective judgment made by individuals. Ultimately, by challenging long-held assumptions, we aim to illuminate the real sources of value for both the ancient metal and the modern digital asset, moving beyond simplistic labels to a more nuanced understanding.
1. The Elusive Nature of "Intrinsic Value"
Before we can meaningfully discuss whether gold or Bitcoin possesses intrinsic value, we must grapple with the term itself. In the realm of corporate finance, "intrinsic value" refers to the fundamental worth of a company, derived from an analysis of its assets, earnings potential, cash flows, and overall financial health. It's an attempt to ascertain what a stock should be worth, independent of its fluctuating market price. This is the world of discounted cash flow models and balance sheet scrutiny.
However, this definition struggles when applied to commodities or currencies. Gold, like Bitcoin, does not generate cash flows. It doesn't pay dividends or have earnings reports. As one observer noted, gold and Bitcoin are commodities that have a spot price; their "value" is essentially what someone is willing to pay for them at a given moment. Companies, by contrast, can have an intrinsic value tied to the future economic benefits they are expected to produce for their owners.
So, when advocates claim gold has intrinsic value, they are often pointing to something else entirely. Usually, this encompasses its tangible, physical nature – you can hold it, feel its weight. It also refers to its historical use as money and a store of value over millennia. And crucially, it implies a baseline worth derived from its utility in practical applications, particularly in industry. One might even argue, as some have, that there is simply "no such thing as intrinsic value" in an absolute sense; value is not a property embedded within an object but is assigned to it by human beings.
2. Gold's Industrial Utility: A Gilded Facade?
The argument that gold's industrial use underpins its intrinsic value is perhaps the most frequently cited. "But it's used in microchips!" is a common, almost reflexive, defense. And it's true: gold's excellent conductivity, resistance to corrosion, and malleability make it a valuable component in high-end electronics, dentistry, aerospace, and certain medical applications. But the critical question is not whether gold has industrial uses, but how much these uses contribute to its overall market price.
Consider the data for a recent year, say 2024. Global industrial gold consumption was approximately 330 tonnes. However, a staggering 90% of this demand, around 297 tonnes, was met by recycling existing gold scrap, a process that can cost as little as tens of dollars per ounce. This leaves a mere 33 tonnes of new gold required from mining to satisfy the entirety of industrial needs not covered by recycling.
Now, compare this to the annual mine production. In that same year, about 3,700 tonnes of gold were newly extracted from the earth. This means that less than 1% (33 tonnes out of 3,700 tonnes) of all newly mined gold was actually needed for industrial purposes. The vast majority, over 99%, went elsewhere – primarily into jewelry, bars, and coins, all forms of value storage.
The disparity becomes even more dramatic when we consider the total above-ground stock of gold held for these value-storage purposes. This figure stands at roughly 184,000 tonnes. If, hypothetically, gold were to suddenly lose its allure as jewelry and its status as a monetary asset, and this colossal hoard were redirected to meet industrial needs (the 33 tonnes per year not covered by recycling), we would have enough gold to last for approximately 5,600 years at current industrial consumption rates. And this is without digging a single new ounce out of the ground. Much of this 184,000-tonne supply could potentially be acquired at prices far closer to the low cost of recycling than the current market price of newly mined gold.
As one commenter aptly put it, if gold's value was solely based on industrial demand, it "would be nearly worthless" compared to its current valuation. While gold does possess certain unique properties that make it useful, these applications are a drop in the ocean when explaining its price. The idea that its utility in microchips or dental fillings provides a significant "floor" for its value is, upon closer inspection, largely a myth.
3. The Towering Monetary Premium: Where Gold's Value Truly Lies
If industrial use accounts for such a tiny fraction of gold's demand and price, what explains the rest? The answer is its "monetary premium." This is the portion of an asset's price that exceeds its direct use-value as a commodity. For gold, this premium is immense, built over centuries of human history and cultural adoption.
Gold's journey as money began thousands of years ago. Its inherent characteristics – it doesn't rust or tarnish (durability), it's relatively rare (scarcity), it's easily recognizable and has a pleasing aesthetic (acceptability), it can be melted and reformed (divisibility and fungibility), and it's dense (portability of value) – made it a superior choice for a medium of exchange and store of value in pre-industrial societies. This long history has ingrained gold into the collective human consciousness as something inherently valuable. There's a certain "magical power," as one person described it, to the shiny yellow metal, a testament to its enduring legacy.
This historical precedent and the deep-seated belief in its enduring worth are what sustain gold's monetary premium. Central banks hold it in their reserves. Individuals purchase it in the form of jewelry (which, in many cultures, serves as a primary store of family wealth) and invest in bars and coins, not primarily for its practical applications, but because they trust it will preserve purchasing power or be desired by others in the future. This shared belief, this social consensus, is the bedrock of gold's value far more than its limited industrial applications. Some estimate this monetary premium to be as high as 90% of its total price, with the remaining 10% attributable to its use in jewelry and industry.
4. The Shifting Sands of Perceived Value
The notion that value is intrinsic and immutable is challenged by history itself. Value, as many economists and observers contend, is not an inherent property of an object but is determined by human perception and utility, which can and do change over time.
Consider aluminum. There was a time when aluminum was exceedingly rare and difficult to extract, making it more precious than gold. The capstone of the Washington Monument, completed in the late 19th century, was made of aluminum to signify its value and the technological prowess of the era. Today, thanks to advancements in refining processes, aluminum is abundant and inexpensive. We use it to wrap sandwiches, a far cry from its days as a "precious" metal adorning national monuments.
Similarly, Tyrian purple dye, derived from sea snails, was once so costly and labor-intensive to produce that its use was reserved for royalty and the highest echelons of society. It symbolized power and status. The invention of synthetic dyes in the 19th century made purple accessible to everyone, and the immense value once attached to the natural version evaporated.
These examples powerfully illustrate that what society deems valuable is not fixed. It is contingent on factors like scarcity (natural or artificial), the current state of technology, cultural significance, and collective human agreement. If gold's value is predominantly a monetary premium built on historical consensus and aesthetic appeal, then it too is subject to these shifting sands of human perception. The humorous desire to one day wrap sandwiches in gold foil, should it lose its monetary status, underscores this potential for radical revaluation.
5. Bitcoin's Utility: Solving Problems of the Digital Age
If gold's claim to "intrinsic value" through industrial use is tenuous, and its primary value stems from a historically constructed monetary premium, how does Bitcoin compare? Critics often dismiss Bitcoin as having no utility beyond speculation, a digital tulip mania. However, this perspective often overlooks the specific problems Bitcoin was designed to address and the unique properties it offers in the 21st century.
Bitcoin emerged in the wake of the 2008 financial crisis as a "peer-to-peer electronic cash system," aiming to provide an alternative to the traditional financial system. Its utility lies in its ability to offer:
• Decentralization: No single entity, corporation, or government controls the Bitcoin network. It operates on a distributed ledger (the blockchain) maintained by thousands of computers worldwide. This makes it resistant to control or shutdown by any central authority.
• Permissionless Access: Anyone with an internet connection can participate in the Bitcoin network – send, receive, and store value – without needing permission from a bank or government.
• Censorship Resistance: Once transactions are confirmed and added to the blockchain, they are extremely difficult to alter or reverse. This makes it a powerful tool for individuals in environments where financial censorship is a concern.
• Provable Scarcity: The Bitcoin protocol dictates that there will only ever be a maximum of 21 million bitcoins. This hard cap on supply is a fundamental aspect of its design, making it a verifiably scarce digital asset. This contrasts with gold, where new supply is continuously mined each year, estimated by some to be around 1.5-2% of the existing above-ground stock, arguably diluting its value over time.
• Portability and Divisibility: Bitcoin is incredibly portable. Vast sums can be "carried" on a tiny device or even memorized as a seed phrase, and transferred across the globe in minutes for relatively low fees. It is also highly divisible, down to one hundred millionth of a bitcoin (a "satoshi"), facilitating transactions of various sizes.
• Verifiability: The authenticity and transaction history of every bitcoin can be publicly verified on the blockchain, eliminating the need for trust in intermediaries for this purpose.
• Durability: As a digital asset secured by a vast, decentralized network, Bitcoin is highly durable as long as the network itself remains operational and secure.
A crucial real-world utility, highlighted by observers, is Bitcoin's ability to bypass capital controls. For individuals in countries with restrictive financial regimes, Bitcoin offers a means to transact and move value across borders with a degree of freedom not possible through traditional channels. This is not a speculative feature; it is a tangible benefit solving a real problem for many.
While the number of people using Bitcoin worldwide is still relatively small compared to users of traditional financial systems, its adoption is growing. Like any transformative technology, its utility is being discovered and leveraged by an expanding user base. Its "intrinsic value," if we are to use that term, lies in its capacity to fulfill these unique functions.
6. Gold vs. Bitcoin: A Clash of Properties
When we compare gold and Bitcoin based on properties often associated with a store of value or monetary good, distinct profiles emerge:
• Tangibility: Gold is physical; you can touch it. This offers a psychological comfort that some find reassuring. Bitcoin is digital; its existence is as code and ledger entries. Its "possession" is through control of cryptographic private keys.
• Industrial Utility: Gold has limited industrial uses that account for a tiny fraction of its price. Bitcoin's "industrial utility" is the operation of its network as a global system for value transfer and verification.
• Scarcity: Gold is naturally scarce, but its total earthly and cosmic abundance is unknown, and new supply is constantly mined. Bitcoin has absolute, programmable scarcity with a fixed supply cap.
• Portability: Moving large amounts of gold is cumbersome, expensive, and risky. Bitcoin is exceptionally portable.
• Divisibility: Gold can be physically divided, but it's not a seamless process. Bitcoin is easily and precisely divisible.
• Verifiability: Authenticating gold requires specialized knowledge and tools; it can be faked. Bitcoin transactions and holdings are verifiable with mathematical certainty on its public ledger.
• Durability: Gold is physically very durable. Bitcoin, as a digital protocol, is durable as long as its decentralized network is maintained and secured.
• Historical Precedent: Gold boasts millennia of use. Bitcoin is a little over a decade old, a mere infant by comparison.
• Censorship/Seizure Resistance: Physical gold can be, and has been, confiscated. Self-custodied Bitcoin, with properly secured private keys, is highly resistant to censorship and seizure.
This comparison reveals that while gold's strengths lie in its long history and physical presence, Bitcoin excels in areas like absolute scarcity, portability, divisibility, verifiability, and censorship resistance – attributes that are arguably increasingly valuable in an increasingly digital and interconnected global landscape.
7. The "Next Person" Fallacy and the Foundation of Value
A common critique leveled at both gold (for its monetary premium) and Bitcoin is that their value depends solely on "the next person being willing to buy it." In a sense, this is true for any asset that isn't consumed directly or doesn't produce cash flows. The value of a collectible, a piece of art, or indeed a monetary good, is ultimately what someone else is prepared to exchange for it.
However, this doesn't mean their value is arbitrary or baseless. The willingness of the "next person" to buy is predicated on a shared understanding or belief in the asset's desirable properties and its potential to retain or increase its value. For gold, this belief is built on thousands of years of tradition and its perceived enduring qualities. For Bitcoin, this belief is growing based on its unique technological attributes, its potential to solve modern financial problems, and its emerging network effects. The more people who recognize and utilize these properties, the stronger the shared belief, and thus the more robust its value becomes.
8. The Cost of Production and the Illusion of a Price Floor
Some argue that gold's price cannot fall below its cost of extraction, suggesting this provides a natural price floor. While it's true that miners would cease operations if the price fell below their production costs for a sustained period, this argument largely ignores the colossal 184,000 tonnes of gold already above ground and held primarily for monetary or aesthetic purposes. If this massive hoard were to lose its monetary premium and be dumped onto the market, the price could plummet dramatically, far below current mining costs, until it reached a level where industrial demand (or perhaps a new, much lower equilibrium for aesthetic use) could absorb it. Much of this existing stock could be made available at recycling costs, which are significantly lower than mining costs. The "cost of production" floor applies primarily to newly added supply, not to the revaluation of existing, hoarded stock.
Conclusion: Beyond Intrinsic – Value in Utility and Belief
The debate over whether gold has "intrinsic value" that Bitcoin lacks often misses the mark by clinging to a nebulous and misapplied concept. If "intrinsic value" refers to a baseline worth derived from non-monetary, practical utility, then gold's claim is surprisingly weak. Its industrial applications are minimal compared to its price, which is overwhelmingly a monetary premium built on centuries of human belief, cultural acceptance, and its historical role as money.
Value, ultimately, is not an inherent property magically residing within an object. It is a subjective judgment made by individuals, a reflection of an asset's perceived utility and the collective belief in its future desirability. Gold has served humanity well as a store of value due to a set of physical properties that were optimal for pre-digital eras. Bitcoin, a product of the digital age, offers a different set of properties – provable scarcity, decentralization, censorship resistance, and unparalleled portability – that address the challenges and opportunities of our modern world.
Neither gold's sheen nor Bitcoin's bits possess a mystical "intrinsic value" independent of human perception and use. Gold's value is rooted in its long history and the enduring human affinity for its beauty and permanence. Bitcoin's burgeoning value is rooted in its innovative technology and its potential to offer a new paradigm for money and value transfer. Both are valuable because, and only because, people believe them to be. The critical difference lies in the reasons for that belief and the problems each asset is perceived to solve. As the world continues to evolve, so too will our understanding and assignment of value.
Technical Analysis on XAU/USD (Gold vs USD) – Bullish Reversal📊 Chart Overview:
This chart of XAU/USD (Gold) on a lower timeframe shows a potential bullish reversal setup. The price action has formed a series of lower highs and lower lows, but now a bullish momentum is building up, suggesting a possible breakout to the upside.
🔍 Key Observations:
🟠 Swing Points Identified:
The orange circles mark significant swing highs and lows, clearly outlining a recent downtrend.
The latest swing low (bottom-right) shows a strong rejection with a bullish engulfing candle forming, indicating buyer interest.
📦 Demand Zone (Support Area):
The grey rectangle near the lower region marks a demand zone where buyers have stepped in before.
Price has reacted strongly from this zone again, validating it as a key support level.
📉 Resistance Turned Potential Breakout Zone:
The red line (~3,291.416) represents a resistance level that was previously support.
Price has broken above it and now appears to be retesting it, indicating a possible retest-confirmation for a bullish continuation.
🎯 Target & Risk Management:
✅ Entry: Confirmed breakout and retest around 3,291.
📈 Target: 3,364.819 (green zone above), based on previous resistance.
❌ Stop Loss: Below 3,267.772, the recent swing low.
The setup offers a favorable risk-to-reward ratio.
🧭 Projection Path:
The white arrowed path illustrates a likely pullback before continuation upward, suggesting a bullish structure if confirmed.
✅ Conclusion:
Gold is showing signs of a bullish reversal from a well-defined demand zone, with a potential rally toward the 3,365 area. A successful retest of the broken resistance as new support would strengthen the bullish bias.
📌 Watch closely for confirmation candles on the retest before entering.
Gold is in the Bearish Direction Hello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
