bitcoin Archives - Page 16 of 26

The US Core Consumer Price Index held steady at 4% YoY in November. The Federal Reserve will announce its decision on monetary policy on Wednesday. XAU/USD is poised to extend its decline in the near term, caution prevails ahead of Fed. Gold prices changed little on Tuesday, with XAU/USD hovering around $1,980.00. The US Dollar…

Dollar Gold Platinum Silver

December 12, 2023477Views 0Likes 0Comments

Gold, silver down amid bearish daily outside markets

Gold and silver prices are down near midday U.S. trading Monday. A firmer U.S. dollar index and a slight rise in U.S. Treasury yields to start the trading week are bearish outside market forces for the metals markets. Both metals have also seen their near-term chart postures deteriorate recently, especially in silver. That’s inviting fresh technical selling. Gold…

Gold

December 12, 2023489Views 0Likes 0Comments

The clearest, biggest, and most important reversal in gold

The bigger the size of a given formation and the clearer it is, the more important the implications are. Last week’s reversal in gold was enormous. Gold started the week by soaring to new all-time (nominal only, but still) highs, which was almost immediately followed by a move back down. And what a decline that was! Gold’s…

Gold

December 11, 2023490Views 0Likes 0Comments

Gold bull market is just getting started, silver has even greater upside, and Bitcoin ETFs will flop – Peter Schiff

While gold has backed well off the all-time highs it set two days ago and Bitcoin has stolen the spotlight, the real bull market for gold and silver is only just beginning, according to Peter Schiff, founder of Schiff Gold and Chief Market Strategist of Euro Pacific Asset Management. “A lot of people are taking this to mean…

Dollar Gold

December 8, 2023580Views 0Likes 0Comments

What record high gold prices mean for markets

Gold hits new high Gold prices have soared to record highs this month, with futures trading above $2,100/oz for the second time in history and even reaching $2,150 in intraday trading to mark the highest price in recorded history. This unprecedented price action in the gold market has significant implications for various financial markets, including stocks,…

Gold Platinum Silver

December 8, 2023547Views 0Likes 0Comments

Gold remains positive as US data favours bets for the end of rate hikes

Gold appreciates as bets of rate cuts in early 2024 extend to most of the major central banks. The cautious market sentiment is providing an additional support to the precious metal Gold price (XAU/USD) keeps a mild buying tone in Thursday’s early European session, with price action approaching the top of the last few days’ trading range. US…

Dollar Gold Silver

December 7, 2023425Views 0Likes 0Comments

Gold Rangebound as Indecision Reigns Pre-NFP, Silver Eyes Support

Gold prices recovered late in the day yesterday before continuing to trickle higher today. Looking at the larger timeframes and the price is caught in a range ahead of US jobs data due tomorrow. Investors appear to be taking a pause ahead of the US jobs report due tomorrow after what can be described as a…

Gold Price Forecast: XAU/USD under pressure, sellers defend $2,000

Gold, silver down amid bearish daily outside markets

The clearest, biggest, and most important reversal in gold

Gold bull market is just getting started, silver has even greater upside, and Bitcoin ETFs will flop – Peter Schiff

What record high gold prices mean for markets

Gold remains positive as US data favours bets for the end of rate hikes

Gold Rangebound as Indecision Reigns Pre-NFP, Silver Eyes Support

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