Gold prices may continue to be under pressure in the short term, mainly affected by the following factors: The strong dollar and the volatility of US Treasury yields: The strong dollar and the volatility of US Treasury yields are still the key factors affecting gold. In particular, the expectations of US economic growth and inflationary pressures have changed the...
DOGE Update: After entering at $0.1, we’re now at $0.4, but there’s even bigger news beyond the price movement. DOGE isn’t just a meme coin anymore—it's officially part of U.S. politics! President-elect Donald Trump announced the formation of the US Department of Government Efficiency, aka "D.O.G.E." with none other than Elon Musk set to lead it alongside former...
International crude oil rebounded on short covering, but gains were capped by a strong dollar. WTI crude reversed a V-shape earlier in the session and eventually settled up 0.1% at $67.91 a barrel; Brent crude settled up 0.21% at $71.76 a barrel. Fed-mussallem: 2% inflation Target should not be raised; Don't think the dollar's status is being challenged by...
Bitcoin formed a strong bullish pattern on a 4H time frame. I see an ascending triangle - a bullish accumulation pattern with a confirmed breakout of its resistance. A trend line and a broken horizontal structure compose a contracting demand zone now. Probabilities are high that bulls will push the prices higher.
Bitcoin formed a strong bullish pattern on a 4H time frame. I see an ascending triangle - a bullish accumulation pattern with a confirmed breakout of its resistance. A trend line and a broken horizontal structure compose a contracting demand zone now. Probabilities are high that bulls will push the prices higher.
Gold technical analysis: The trend of gold is fully in line with our expectations, and the market fell back as expected. Gold yesterday was affected by the US market data, and fell back again. The highest hit around 2618 and then began to fall, which continued so far, the lowest hit 2550 line position, down nearly $70, is also since the historical high 2789 fell....
Smart investment, Strong finance GOLDEN INFORMATION: Gold price (XAU/USD) extends its decline for the fifth consecutive session, hitting its lowest level since September 19 near $2,558 during Thursday’s Asian session. Persistent US Dollar (USD) strength, fueled by optimism over President-elect Donald Trump's pro-growth policies and expectations of a Federal...