David_financial_analyst

David_financial_analyst

-------News page--- U.S. inflation data for February was released. The data showed that U.S. inflation in February fell more than expected across the board. The decline in inflation also gave the Federal Reserve more room and possibility to cut interest rates. It also slightly reduced concerns originally caused by tariffs. However, with the full implementation of...

David_financial_analyst

Market Review The US dollar index rose after fluctuating this week, and fell to its lowest level since mid-October last year at the beginning of the week. After Trump's latest threat to impose tariffs on European imports, the US dollar index fell back above the 104 mark and then fell again. Spot gold continued to rise, setting a new high, breaking through the...

David_financial_analyst

From the perspective of the trading session of the day, the price of Bitcoin showed a fluctuating upward trend after the opening. Driven by the bulls, the price once surged to around $84,336.71. This upward momentum was partly due to the continuation of the positive market sentiment brought about by the golden cross in the market the previous day. However, after...

David_financial_analyst

Gold's overnight daily line continued to close positive. After a long period of high fluctuations, last night it used the CPI data to pull up and break through the range after a washout, forming a continuous positive trend. To maintain this momentum, there are still high points to see. The top continues to pay attention to the impact on 2956. In the 4H cycle, the...

David_financial_analyst

On March 12, the price of US crude oil futures electronic disk rose, but the overall daily K-line still showed a suppressed bearish rhythm. The daily RSI fell to 28 (oversold zone), but there was no bottom divergence; the MACD kinetic energy column continued to expand in a negative direction, and the short momentum dominated. However, technical indicators may also...

David_financial_analyst

Bitcoin once fell below the $80,000 mark on March 11, reaching a low of $76,700 (a four-month low), and then rebounded to a range of $81,000-83,000 on March 12. The market panic index entered the "extreme panic" area, and funds continued to flow out of cryptocurrency ETFs, with a net outflow of more than $400 million in a single day in early March. The recent...

David_financial_analyst

From the daily level, although gold closed with a negative line yesterday and was below 2890, it did not start a downward trend as some market participants expected. These people, obsessed with the fact that the high price of gold is difficult to sustain, prematurely judged that the market will fall sharply, ignoring the tenacity of the gold bull trend and the...

David_financial_analyst

BTC fell below the key level of $80,000, reaching a low of 77,424. The decline was mainly attributed to macroeconomic uncertainties, including the escalation of the tariff war, the uncertain prospects of the Fed's interest rate cuts, and market concerns about economic slowdown. Although the Trump administration has previously released policy signals in support of...

David_financial_analyst

BTCUSD price experienced violent fluctuations, falling below the key support of $80,000 during the day, reaching a minimum of $79,933, with a 24-hour drop of more than 7%. It triggered the liquidation of more than 210,000 people, with a liquidation amount of $583 million. Although the Trump administration announced the establishment of a strategic reserve of...

David_financial_analyst

Last Friday, the overall technical aspect of gold did not show a long-short breakthrough trend. Instead, under the influence of the positive non-agricultural employment data, the overall price showed a high-rise fall and suppressed shock pattern. The closing price was near the 2915 mark and reported a suppressed shock cross K. The overall gold price continued the...

David_financial_analyst

Gold opened at 2912 in Asia, and the lowest touched 2909 to start the oscillating upward mode. Structurally, gold is still rebounding near the support below, and bulls are still the main trend at present. Looking back at last week, each retracement adjustment will usher in a new sprint, and the non-agricultural data did not break the operation range we gave last...

David_financial_analyst

Gold's non-agricultural data on Friday was perfect. On Friday, I gave the idea of ​​​​range oscillation at 2897-2930, and the real market gave the strategy of going long at 2908-2910. I believe that my real market and traders can see that we went long at 2906-10 and made all profits. Gold reached the highest level of 2930 and fell back under pressure. The current...

David_financial_analyst

At present, the market is in a sideways consolidation phase, showing a calm situation before the storm, and traders from all sides are waiting for the end of the cryptocurrency summit. However, it is worth being highly vigilant that there are arbitrage traps carefully laid out by big players in the capital market, just as Warren Buffett said: I am greedy when...

David_financial_analyst

The impact of the data did not allow gold to break through the range, but continued to pull long and short. So continue to be high and low in the range. The support below is 289-2895, and the pressure above is 2930. Only by breaking through and stabilizing 2930 can the upward space be opened. Otherwise, it will continue to fluctuate in the range! If you don’t...

David_financial_analyst

After the release of today's non-agricultural data and combined with international news: The Trump administration is considering intercepting Iranian tankers in key waterways to hit Iran's oil supply chain. U.S. Treasury Secretary Bessant: Iran's oil industry and drone manufacturing capabilities will be shut down, and Iran's access to the global financial system...

David_financial_analyst

The first non-farm report during Trump's tenure showed that US job growth accelerated in February and the unemployment rate rose slightly to 4.1%, but increased uncertainty in trade policy and large-scale layoffs in the US federal government may weaken the resilience of the labor market in the coming months. . . The seasonally adjusted non-farm payrolls in the...

David_financial_analyst

Gold's trend yesterday also caught the market off guard. It traded sideways at a high level in the evening, but retreated sharply in the European session and broke through the previous low point, reaching a minimum of 2890. The market trend formed a bottoming rebound like Wednesday, and then rose again to around 2922, but fell again and continued to retreat to...

David_financial_analyst

More than two dozen cryptocurrency executives, investors and prominent figures will gather tomorrow at the White House Crypto Summit to chart the future direction of the space under Trump. The event will likely serve as a platform to promote a number of executive initiatives related to cryptocurrency, with multiple options under consideration, the exclusive...