⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower on Thursday due to a stronger US Dollar (USD) and higher US yields. The reduced expectation of a September rate cut by the Federal Reserve (Fed) is putting pressure on gold as it increases opportunity costs. The second estimate of Q1 2024 US Gross Domestic Product (GDP)...
A short at 0.3056 to 0.2614 with the necessary risk management will bring a 14.44% return
1. Everything fits perfectly into place from a Fibonacci POV. 2. Jamie Dimon (who likes to give passive bearish opinions) said today that he thinks Private Credit debt investments, like BCRED, Pimco Flex Cred, which are basically Privatized bonds, could become an ugly nightmare for grandma's or innocent investors, that are trying to get their money out and can't...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) fell after a three-day winning streak due to the Greenback's slight recovery and hawkish comments from Federal Reserve officials. Strong US economic data also reduced expectations of a Fed rate cut in September, boosting the US Dollar and weighing on gold prices. However,...
Technically, there is a distribution going on and sign of exhaustion in strong rally. Multiple times the stock face correction from higher level and then later on it only managed to cross the previous high by some margin to fall again. This means big players selling their delivery. Fundamentally, its already overvalued with high PE and fairly valued Price to Book....
Right at the resistance- It is always good to book some profits at resistance. I would like to wait for confirmation if breaking out. though I kind of lean towards break down. If it goes as per my plan I would like to accumulate at the specified accumulation range.
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) gains strength on Monday, supported by a weaker US Dollar and escalating geopolitical tensions in the Middle East. The long-term outlook remains positive due to increased demand from central banks. However, expectations of fewer rate cuts by the Federal Reserve and a hawkish stance...
I have shorted ETH from the current price of 3,860 suspecting a substantial drop - aligned with my recent Bitcoin ideas - prior to the forex market beginning the week. DXY is showing a bearish breakdown on the one month - leading the way of a lengthy extended bull market. I suspect that prior to this upside, BTC and ETH will be liquidating out long positions...
✍️ NOVA hello everyone, Let's comment on gold price next week from 5/27 - 5/31/2024 🔥 World situation: Gold price stabilized on Friday after two consecutive days of losses, increasing by 0.23%. However, it experienced a weekly decline of more than 3%, marking the largest weekly loss since December 2023. The better-than-expected US Durable Goods Orders data...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) continues to decline due to the Federal Open Market Committee (FOMC) minutes being interpreted as more hawkish. This has limited the upside potential for gold. The cautious approach of the US Federal Reserve to maintain its restrictive policy for longer has boosted the strength of...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) trades lower on Wednesday after pulling back from a recent high. The Federal Reserve (Fed) has expressed the need for stronger evidence of easing inflation before considering interest rate cuts, implying that rates will likely remain higher for an extended period. This could...
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold price (XAU/USD) loses recovery momentum due to lack of fresh catalysts in a quiet session. However, renewed demand is supported by bets on interest rate cuts from the US Federal Reserve, geopolitical tensions, and strong demand from central banks and Asian buyers. Traders will focus on Fedspeak and...
A short at 2.76 to 2.13 with the necessary risk management will bring a 22.74% return
Selling GBPAUD here as there is strong supply at current price. However, looks like price has eaten into the majority of the supply so half risk on this one.
The Australian dollar appears reluctant to break above its resistance level, so we consider selling and targeting the support level below. We believe that the current market conditions suggest a bearish outlook for the Australian dollar, as it struggles to gain momentum above the resistance level. By selling at this point and targeting the support level below, we...
After a tremendous rally I see the prices will slowly go down. As per Fibonacci high chances it can correct even 50%. Unless there is a trend change good to be away from this stock.
⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold prices bounce back even as the US Dollar consolidates on Tuesday. However, the rise could be restrained as investors anticipate key US inflation data. Continued high US rates have pressured gold prices recently, but increasing Middle East tensions may temporarily support them. ⭐️ Personal comments...