Weekly Gold Market Analysis
Upon examining the gold chart on a weekly basis, it was observed that last Friday marked a significant surge in gold prices. This increase was triggered by the announcement of a potential Iranian attack on Israel, propelling the price to $2431.
Price Fluctuations and Corrections
However, the ascent was short-lived, and the price...
💹 Let's analyze and review the coin COMP in higher timeframes amidst the current sensitive conditions.
⛔️ Yesterday, a conflict between Iran and Israel arose due to retaliation for the incident at the Iranian consulate in Damascus. Iran's missile and drone strikes accompanied this conflict, resulting in a market downturn and red candles.
🔗 Hopefully, peace...
🔍Today, we're focusing on Bitcoin, which has formed a range box in the 4-hour timeframe between 63054 and 73305. Following the uptrend from 40k, this consolidation phase is a logical pause, potentially leading to a correction in the weekly timeframe, especially considering the imminent Halving event, which may precede a bullish rally.
⚡️In range-bound markets,...
The recent dip in the crypto market, triggered by escalating tensions between Iran and Israel, serves as a stark reminder of the market's volatility. Bitcoin prices plummeted to GETTEX:59K before a swift recovery, leaving many investors wondering: was this a blip on the radar or a harbinger of things to come?
**The Iran-Israel Factor:**
Geopolitical tensions...
Oil investors piled into the options market days before Iran launched its attack on Israel and traded a record amount of contracts that profit from higher prices. Just over 1 million calls on the global Brent crude benchmark traded last week, surpassing a previous record, according to data compiled by Bloomberg. The volumes were focused on contracts at $95 and...
Financial markets are bracing for the uncertainty surrounding Iran's recent strike on Israel and the potential for retaliatory measures.
Mohamed A. El-Erian, Chief Economic Adviser at Allianz, remarked that the current situation may lead to elevated gold and oil prices, alongside lower US Treasury yields and stocks compared to what would have been expected...
As geopolitical tensions simmer in the Middle East, the financial world holds its breath, weighing potential market trajectories. Should conflict escalate, a market crash looms ominously. Yet, if peace prevails, a Nifty50 rally beckons on the horizon.
The Nifty 22300, 18th April expiry call option, closing at 303.65 on 12th April, presents an intriguing...
Oil’s Tug-of-War: Iran Tensions vs. Evergrande
On Wednesday, WTI crude futures dropped below $77 per barrel, undoing a 1.4% increase from the prior session, all while the U.S. readies itself to address a lethal attack on its troops in the Middle East.
Perhaps traders are concerned more about the liquidation of China Evergrande, raising worries about the...
A look at the rial-dollar currency pair, which has started to fall sharply, and with these events, the probability of a new ceiling is very high.
It is not a buy or sell offer
Here is what you need to know on Monday, January 15:
• Gold price gains ground on risk-averse sentiment due to the Red Sea situation.
Israel-Gaza conflict intensified after Houthi attacked a US Navy vessel.
• US Treasury yields contribute to downward pressure on the US Dollar.
Barclays revision of the Fed rate cut has changed market sentiment.
Gold prices...
After a sharp move, the price corrected
And in the lower time frame, we see the end of the price correction and rotation
At the indicated place, I expect the price to move to the previous week's ceiling
UVXY is a volatility factor in the market. As political tensions rise high in the world, we are due for another market correction and overall world market corrections. USA of course is protecting its interest in the Middle East and as we can see, Israel-Palestine conflict is only getting started. This is a multi-decade war between Israel and Arab/Muslim states....
Dear Ziilllaatrades,
We'd like to discuss a potential chain of events where an invasion of Israel into Palestine could trigger Iran's involvement in the conflict, causing a rise in gold prices. Here's how this chain of events might unfold:
1. Invasion of Israel into Palestine:
If Israel were to launch a large-scale military invasion into Palestinian...
