China continues to purchase Gold, adding 23 Tons of the precious metal just the last month, according to the World Gold Council. Since November, China has accumulated more than 180 Tons of Gold, equating its official Gold State Reserves to around 2,136 Tons.
The chart provided visually represents the forward guidance issued by the Federal Open Market Committee (FOMC) alongside the performance of various key economic indicators and market indices. The FOMC forward guidance serves as a crucial tool for signaling the Federal Reserve's monetary policy stance and future intentions, thereby influencing market expectations...
Before significant interest rate hikes, I have claimed that Bitcoin is decoupling from the rest economy (which probably happened). However, the effect of rising interest rates still had some power over the Bitcoin in the tank. It seems that this power of raising interest rates is diminishing for Bitcoin relative to the rest of the economy which will probably...
It is possible that BTC will go to 20 000 and maybe even below that, but chasing the bottom is not the smartest idea. This is the opportunity that we've been waiting for. Everyone wanted to buy BTC if only it was a little cheaper. Well, now it is, but everyone is scared :) The wise words of Peter Lynch are that NOBODY can predict the bottom, and nobody can...
The chart provided visually represents the forward guidance issued by the Federal Open Market Committee (FOMC) alongside the performance of various key economic indicators and market indices. The FOMC forward guidance serves as a crucial tool for signaling the Federal Reserve's monetary policy stance and future intentions, thereby influencing market expectations...
As you can see we prepared update for the currency agenda, we have added gd, jpy, rub, and inr to the fuse, as you can see fibonacci cycles stayed the same in the anbsence. We think or at least clearly see on a chart that rub was the most profitable currency available. In the later arrivals we will try to discover most profitable assets nominated in rubles and...
Overnight Gold approached the 3-month high of $1985, since June & July 2023. This was likely due to the - Fed chair Jerome Powell's comments which indicated that the rise in yields might lessen the need for additional rate increases. With the increasing probability of the US Federal Reserve keeping rates on hold at the November meeting, the DXY saw brief moves to...
Gold retraced strongly following the move to the 2000 price level. Forming a head and shoulder pattern, Gold traded down to the 1938 price level which coincides with the 61.8% Fibonacci retracement price level The next directional move on Gold is going to be highly dependent on the volatility of the DXY, especially with the FOMC interest rate decision due. In...
Gold traded significantly higher last week, due to several key events; 1) gross market uncertainty increased as banks collapse (SVB and Credit Suisse). 2) flight toward the reserve commodity 3) weakness in the DXY Currently, the price is retracing and is trading along the 1973 price level, with further downside expected. The price is likely to test the support...
$RSR MAINNET : 90% COMPLETED / TO DO 10% An introduction to Reserve Imagine a stable universal currency (let’s call it R$): R$ is stable in the sense that if you hold your savings in R$ you never have to worry about the prices of goods and services rising over time and the value of your money being inflated away, no matter where you live. R$ is universal...
Gold investors have taken a pummeling so far this year. The SPDR Gold Shares exchange-traded fund, which tracks the price of bullion, is down 5.3% in the year. Many precious metals investors would have found that disappointing especially given that there is widespread belief that gold is believed to be a long term hedge against inflation. And yes, inflation has...
bought rsr on spot clear invalidation. looking for an 2x.
The US DOLLAR has topped out and now beginning it correction. This is very bullish/positive for US Stocks for a new "potential" indication set up for them to breakout on a impulsive wave up. It had touched my previous forecast of 110 as my last target. Federal Reserve will take a more aggressive approach in hiking interest rates next week. Expectations for...
RSR/USDT now one more time i take LONG position because this coin take our 1H Demand Zone and waiting for TP 0.00820
RSR/USDT im waiting to take LONG position if Price will move into my Demand Zone
Yellow= Support or Resistance Green= Positive trendlines Blue= Strong and trend effecting S/R The analysis concern USD bound to SEK, however its a great general directional indication to USD weighing against all other. The Analysis is about the current positive trend. Due to its already developed for some time its not in its beginning, therefore its not an...
As equities and crypto are bludgeoned to death in 2022. It is becoming increasingly clear the intention of the Fed; contrary to its speeches, is not, to cause a soft landing for the economy. In order to effectively counter the East the West will need a financial Bazooka to re-structure manufacturing as well as commodity markets. From this perspective, looking...