Will the price of gold increase?
🔸 Analysis Technical + Physical social impacts :
📍 As we can see on the chart, gold prices may soon move above 2250 via the web. Which is a profitable aspect for gold market traders.
📍 Also there is a psychological effect to increase the price of gold. Day by day in the market, a bank, company, war problem, weather change is changing the life of people. In addition, America is determined to bring a new level to the market of other countries that are on the path of choosing other alternative ways to exchange money.
👉 An attempt has been made to explain why the price of gold may rise in less words. Hope you like it. Please don't forget for like & follow ✍️
Regards
By AaYeVoN
Physical
XDC - it is now time to get back in !!This investing idea is especially for TRADERMARIANO a long term follower !!
Everytime I was looking into XDC I saw nothing but bearishness during the last 12 months, despite all the steps that this company took to grow its ecosystem !
XDC has broken out of a long term large bullish broadening wedge and has made a text book back test.
50 D moving average looks like it wants to cross the 200 D ....
RSI looks very promising with a recent cross of MA and the lower time frame MA turning up again.
Volume by price is indicating that, once price crosses the 0.031 level things will start to get interesting.
I am very confident about taking a healthy position right now.
Do your own diligence. I am only telling you what I am doing with my own money ! All the best to you out there ... and special thanks to TRADERMARIANO !!!
Proof of Physical Work consensusA new concept of Proof of Physical Work consensus
Proof of Physical Work protocol encapsulates real-world use cases.
The blockchain protocol rewards users for performing verifiable physical work like deploying a 5G hotspot etc.
As examples of similar projects
Wireless Network:
Hellium
Pollen mobile
Provide token rewards to participants (hotspot operators) to provide network coverage for IoT and 5G.
Mobility
Hivemapper
Dimo
This is a decentralized map built by participants using dashcams, while DIMO Network users can earn rewards for connecting a hardware device to their car and contributing that data to the network
Environmental:
PlanetWatch -is striving to build a global air quality monitoring network to identify pollution hotspots and the community members can earn rewards for their efforts.)
Weather
Compute & Storage
Filecoin
arweave
livepeer
RNDR
Filecoin boasts of a decentralized storage network. It provides a powerful source of low-cost distributed cloud storage, where contributors provide storage space on their machines and get rewarded in return. Arweave is similar to Filecoin in decentralized storage functionality, except that the former is focused on the problem of long-term data storage.
I think that a full-fledged category of this Proof of Physical work will appear soon, this is what is really needed for Web3.0, this is a real connection with the physical world. And the IoT (Internet of things) will move into this category - Proof of Physical work
Uniqly - Long Term - NFTJust an idea about this different project, kind of Metaverse with partnership with $SAND #Sandbox and $MANA #Decentraland and Physical.
Search more about on Uniqly.io.
Not a financial advice
ETHH, ETHH.B and ETHH.U World First ETH Ether Physical ETF!If you're stuck with RRSP and want to avoid the derivative junk out there that mimics crypto but is backed by banksters instead of the real crypto, consider ETHH from Canada. It's a little sticky because of the maple syrup and beaver tails but otherwise, it's the best "regulated" want to touch crypto without getting ripped off too much from the Street.
Available as ETHH - Hedge Canadian
ETHH.B - unhedge Canadian
ETHH.U unhedged USD! !!!!!!!!!!!!!!!!!!!
I challenge ANY readers to find me a better "legacy market" instrument than ETHH trading anywhere in a highly regulated environment.
If you own and derivatives ETF garbage, SELL, and buy PHYSICAL! Or as close to it as you can if you need custody services for your crypto.
Accumulate on dips HODL ETHH in RRSPs, TFSA or even 401K?
NOT FInancial Advise and I only get paid in good will. Cash is trash.
$PSLV #SilverSqueeze Interest Level At All Time Highs (Volume)Quick, fun, 10 year look at the silver price monthly. Post Covid Interest is remarkable. Just a silverbug take. I'm long and biased!
Eagerly anticipating additional support as the industrial beggars enter a future where they will bid to my HODLer brethren (monetary understanding) askers.
@Badcharts1 @TradingView
** SILVER UPTREND ** XAGUSD ** LONG **Since the start of this year silver prices have risen 10% versus the US dollar and 13% versus the Chinese yuan and the Indian rupee.
Despite the strong rise in silver prices, their overall performance has been rather disappointing.
Gold prices have considerably outperformed silver prices. As a result the gold/silver ratio has risen to new highs.
The deterioration on global growth and global trade has dampened silver prices however, recently there has been a catch-up.
Since mid-July there was a strong rise in silver prices, while gold prices barely moved. We think this was triggered by two developments. First, consumers in India wanted to buy silver before the new import tariffs became effective on 1 August. The import tariffs were raised from 10% to 12.5% for both gold and silver. Second, the gold/silver ratio moved to levels last seen in 1992.
This ratio has already been high for years but it was at extreme levels in mid-July, when the ratio hit 93, i.e. gold was 93x more expensive than silver. This looks to have been a clear opportunity to load up on silver.
Be the bunkerhunt BUY PHYSICAL SILVER and look to secure a long position with take profits set according.
Gold Again: The Fibs don't FibHere is another look at Gold on the all-time chart. Indicators are directional movement index, correlation coefficient with BITCOIN , and a set of Bollinger bands . I like my bands to be drastic and i use OHLC average method, the reason being that I want to see all those fluctuations, I want the constrictions to be painfully obvious because constrictions signal a potential move. I'm also anticipating a strong support and bounce off the 38.2 Fibonacci line. Price could come down as much as $200 (though this is not guaranteed) in following an Elliott corrective wave (4) before continuing upward in a culminative, motive wave (5). Happy Hunting Everyone