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Gold

Gold Falls to a Week Low During Strong Dollar and Fed Rate Increase

10 Oct 2022 @ 11:47
Gold Continues to Retrace lower price levels for the 4th straight day today (Monday). The downside path stays unaltered through the 1st half of the European trading period. And this pulls the spot price to a week’s depth near the $1,678 area. Anticipations that the Federal Reserve will hold on to its violent tightening policy […]
 

Is BTC (Bitcoin) Worthless?

10 Oct 2022 @ 06:48
For more than 10 years critics were unable to understand how BTC can be of value in reality. If you are pissed off hearing this from people around you discussing this, then this article will supply you with information about how BTC was adopted. BTC Is Good Cash One of the usual ways of underrating […]
 

XAU/USD Shapes to Face Last Month’s High of $1735

06 Oct 2022 @ 09:34
XAU/USD is retaining its previous correction, as the United States dollar dips along with yield during a time of poor performance of the Treasury yield. Also, the risk tone looks better, as it reflects Asian stocks and the S&P 500 futures. This however supplied a headwind to the USD as it supports Gold. Investors are […]
 

XAU/USD (Gold) Reclines Around a Twenty-One Days Height Beyond $1,700

04 Oct 2022 @ 13:03
The USD falls further downwards from a twenty years height during the previous week. However, this has become a major factor initiating the move toward the USD-based commodity. The BoE’s eagerness to purchase around five billion pounds of long-dated gilts pulls the United States bond yield from its many years top and keeps burdening the […]
 

Why Inflation Is A Good Thing

27 May 2022 @ 17:53
Inflation would be the greatest thing to happen to me. I selfishly want the government to spend as much money as possible. “You can’t print money forever!” everyone is shouting.Yes you can. And they will. They’ve been printing money for decades, and only now it’s making the headlines. The reason I am selfishly supportive of […]
 

CAR (Central African Republic) Makes Bitcoin Its National Currency

07 May 2022 @ 12:48
Bitcoin has been authorized as the official currency in the Central African Republic. CAR ranks as one of the most impoverished nations in the globe, while the nation is blessed with natural resources such as Uranium, Diamond, and yellow metal (Gold). CAR has been ravaged by clashes between Muslim rebels and militia formed for defensive […]
 

Gold Consolidates Above $1,907 as It Regains Bullish Momentum

06 Apr 2022 @ 15:17
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For […]
 

Gold Fluctuates Below $1,950 Resistance as It Targets the $2,020 High

10 Mar 2022 @ 14:24
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in an uptrend as it targets the $2,020 high. The bulls have also broken above the resistance at $1,870. The market has reached a high of $1,950. Presently, Gold is fluctuating below the recent high. On […]
 

Gold Fluctuates Below $1,830 Overhead Resistance, May Slump to $1,800 Low

17 Jan 2022 @ 07:51
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in a sideways move but may slump to $1,800 low. Gold is retracing as it faces rejection at the high of $1,830. However, if price breaks the resistance level, the market will rise and retest the previous […]
 

Gold (XAGUSD) Is Stuck in a Range, Faces Rejection at $1,800

30 Dec 2021 @ 13:50
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700, $1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold’s (XAUUSD) price is above the moving averages but faces rejection at $1,800. The market ought to rise as prices are above the moving averages. The bulls are yet to keep the price above the moving averages. Since […]
 
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