ZumixFX

ZumixFX

Gold edged higher to start the week as the improving risk mood made it difficult for the USD to find demand in the absence of high-tier data releases. A Bloomberg report claiming that China was considering an equity market rescue package worth about 27 billion USD triggered a rally in global equity indexes. On Tuesday, Gold failed to build on Monday’s gains,...

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This was the psychological threshold to hold, and it did not resist: Bitcoin has just lost $40,000. Since the approval of Bitcoin ETFs, the correction has been particularly clear from January 11 to date, the cryptocurrency has lost 19% of its value

ZumixFX

The Houthis say they are targeting ships which are Israeli-owned, flagged or operated , or which are heading to Israeli ports. However, many have no connections with Israel. US-led naval forces thwarted many of the attacks. Major shipping companies have stopped using the Red Sea - through which almost 15% of global seaborne trade usually passes - and are...

ZumixFX

Gold kicked off the week at high levels as it traded near $2,050 per ounce, buoyed by the Middle East conflict’s safe haven demand and stubborn market sentiment that rate cuts are coming sooner rather than later. But as the shortened holiday week rolled onward, a steady diet of hawkish central bank comments and the absence of any energy boosts from geopolitics...

ZumixFX

SEC Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares. That will lead new investors to put their money longing btc , so that will create a good liquidity to professional ones to short at 47k - 50k levels , and that's really what happened do not get suprised by seeing btc's price range between 30k - 40k

ZumixFX

The gold market continues to consolidate in a narrow range as investors swing back and forth on the timing of the Federal Reserve's interest rate cuts this year.

ZumixFX

Gold price has faced a sharp sell-off after failing to recapture the weekly high of $2,062. The precious metal has dropped to near $2,030 and is expected to remain on tenterhooks before getting fresh cues about the timing of rate cuts from the Fed. The yellow metal has surrendered entire gains generated on Monday and has corrected below the 20-day Exponential...

ZumixFX

the Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares. That will lead new traders to put their money longing btc , so that will create a good liquidity to whales to sell at 47k - 50k levels , and that's really what happened do not get suprised by seeing btc's price range between 20k - 30k

ZumixFX

The U.S. data points of the week will be the December consumer price index report on Thursday and the December producer price index report on Friday. U.S. inflation has cooled in recent months, which has allowed the Federal Reserve to back off on its tighter monetary policy. The CPI report is seen up 3.3%, year-on-year versus a rise of 3.1% in the November report.

ZumixFX

SMA break out + Positive Us News + bearish div on weekly . I'm expecting a positive NFP data so gold will keep his way to 2010$ - 2020$ zone

ZumixFX

Gold OANDA:XAUUSD just breaks SMA and EMA lines on high timeframes , that means a big mouvement is coming . Scalpers be careful ! As It shown on weekly and monthly timeframes that the yellow metals breaks his highest resistance ever and retested those previous weeks . And for now he will be looking for a new high .

ZumixFX

After the highest OANDA:XAUUSD breakout , the crisis, the wars right now and christmas those all factors will push gold's price up

ZumixFX

BTC next week can go around 46k-48k due to bullish div on weekly but surely certain that he will reject the area due to bearish div on high timeframes , hope that you liked my idea !

ZumixFX

After all analysis I have made and 2022-2023 events , the yellow metal TVC:GOLD breaks his highest resistance ever , this week as expected due to the bearish divergence . OANDA:XAUUSD have corrected to his new highest support , so I took long trades from 1982$ zone and my first target is 2120$ , then others are 2300$ . Let's catch up on high traders ;)) !!

ZumixFX

All technicals shows that OANDA:XAUUSD will keep running higher and higher , fundamentals too as we can see this is a war cycle , first ukraine then gaza those are a real factors that will push the gold higher and higher , the chart shows a strong bulls breakout . For me this week will probably see 2100 !

ZumixFX

All technicals shows that OANDA:XAUUSD will keep running higher and higher , fundamentals too as we can see this is a war cycle , first ukraine then gaza those are a real factors that will push the gold higher and higher , the chart shows a strong bulls breakout

ZumixFX

Investors in Asia, meanwhile, took comments from erstwhile Federal Reserve hawk Christopher Waller as perhaps a signal of another era-shift, as he flagged that U.S. interest rates could be cut in the months ahead. A rally in bonds and slide in the dollar that has run for weeks in the afterglow of a benign U.S. inflation report extended in Asia in the wake of...

ZumixFX

TVC:GOLD fell to near 7-month lows Thursday as traders pushed the yellow toward mid $1,800 levels in a decisive break from the $1,900-an-ounce support decimated in the prior session. Gold’s collapse below the $1,900 level has opened the door for technical selling towards the $1,870 region,” added Moya. :”If global bond yields are heading higher despite...