TA-35 (Tel Aviv 35 Index) Analysis: Key Dates and Potential Market Movements: 1. September 2, 2024 - Potential Trigger for Conflict: • Scenario: As we approach early September, particularly the 2nd of September, the chart suggests the potential for a significant market event. Given the current geopolitical climate in Israel, this date could coincide with an...
As gold aims to test record high again, let's look at some of the political issues possibly driving the price action. Iran Tensions Escalate: The Pentagon has dispatched a guided missile submarine and a carrier strike group, to the Middle East. This move follows Iran's vow of retaliation against Israel after a senior Hamas leader was killed in Tehran last...
Gold has slipped below the $2,400 mark even as geopolitical tensions possibly escalate, with Israel bracing for potential retaliation from Iran. US intelligence indicates the response could come late Thursday or Friday. Market attention is also directed towards the upcoming Initial Jobless Claims data, due on Thursday, which investors hope will provide further...
After a recent 20% decline to $49,000, Bitcoin is currently trading above $57,000, but it might decrease to $51,000. The key support level is $53,500. Bitcoin is again caught in a bearish technical pattern; a closing bullish channel! There are also rumors of a potential attack by Iran on Israel either tonight or tomorrow, which could drive Bitcoin down to...
With the fed meeting saying that rates will remain unchanged i think this is bullish for the DXY and it goes opposite with btc too, considering that and the fact that we got rejected on 70k with a hard rejection, furthermore we might need to consider additional things. Geo politics can have a great impact on BTC as we have seen how it dipped when iran responded...
Gold temporarily surged past $2,474 per ounce on Friday, marking a new record high, as a weak U.S. jobs report bolstered expectations of a dovish shift by the Federal Reserve. The U.S. economy added 114,000 jobs in July, significantly below the anticipated 175,000 increase. Gold prices have since pulled back slightly but are still trading just above the 100-hour...
geopolitics and safe haven in the next 3 years reserve at $1300 in case of a SHAKE DOWN BTC: spot $7520 correlated
Gold maintains upward bias on Iran and Fed speak? Gold surged at the beginning of the week due to escalating geopolitical tensions, reaching a new all-time high of $2,450. However, it has since retreated slightly but perhaps maintains an upward bias. The rise in gold prices could have been fueled by news of the deaths of Iranian President Ebrahim Raisi and...
As we navigate through an increasingly volatile economic landscape, similarities between the current market behavior and the period preceding the COVID-19 market crash have begun to surface, particularly concerning Bitcoin ( INDEX:BTCUSD ). This analysis delves into these parallels and discusses why the upcoming Bitcoin halving might not be the safety net...
The height was hit the previous day I expect a decline from the supply zone
Fundamental Gold make a big drop on Monday, due to the cool down of political tension in Gaza and Ukraine. Technical Gold is approaching the 2300 level. This is psychological round number level. Buyer will enter at this level . Below is SMA 200 , lie at the 2250 level. If support level 2300 broken, this level will be test.
The DAX dropped following the news that Israel retaliated for Iran's attack over the weekend. However, the bears seem to have lost control, with the hourly charge at a crossroads. The longer-term path shows a series of lower peaks followed by lower troughs. This suggests that the current up-leg may be an exploitable rally in the downtrend. The DAX hourly chart...
What are our thoughts on Bitcoin and the overall market/market sentiment? I have too many words right now for the markets. So many things converging as far as the dollar, rates, equities, and crypto. This chart is gorgeous and I love seeing the false breakdown over the Iran/Israel headlines. The bullish divergence on the RSI is also lovely. The SPY has finally...
Gold hovers around the $2,370, with trading range relatively narrow as investors closely monitor updates on the Iran-Israel conflict. Israel's stance on retaliating against Iran revolves not around whether but when and how to strike back. Bezalel Smotrich, Israel's Finance Minister, advocates for a response that would impose a "disproportionate toll" on Iran,...
Weekly Gold Market Analysis Upon examining the gold chart on a weekly basis, it was observed that last Friday marked a significant surge in gold prices. This increase was triggered by the announcement of a potential Iranian attack on Israel, propelling the price to $2431. Price Fluctuations and Corrections However, the ascent was short-lived, and the price...
Oil investors piled into the options market days before Iran launched its attack on Israel and traded a record amount of contracts that profit from higher prices. Just over 1 million calls on the global Brent crude benchmark traded last week, surpassing a previous record, according to data compiled by Bloomberg. The volumes were focused on contracts at $95 and...
Financial markets are bracing for the uncertainty surrounding Iran's recent strike on Israel and the potential for retaliatory measures. Mohamed A. El-Erian, Chief Economic Adviser at Allianz, remarked that the current situation may lead to elevated gold and oil prices, alongside lower US Treasury yields and stocks compared to what would have been expected...
🔍Today, we're focusing on Bitcoin, which has formed a range box in the 4-hour timeframe between 63054 and 73305. Following the uptrend from 40k, this consolidation phase is a logical pause, potentially leading to a correction in the weekly timeframe, especially considering the imminent Halving event, which may precede a bullish rally. ⚡️In range-bound markets,...