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Gold, Long Term Top?

At the end of October, before the US presidential election, we specifically pointed out that gold had reached the medium and long-term target position, and it was time to take profits. At that time, the price of gold was around 2750. Although there were higher highs afterwards, looking back now, it was obviously a suitable appearance. In addition to price changes, more importantly, short-term and medium-term trends, and even long-term structures, gold shows obvious signs of loosening.First of all, from the perspective of the weekly situation, gold broke through the swing low last week, which was the first time since the autumn of 2023, when gold had not yet set a new record high. Generally speaking, if this low point is no longer gradually raised, it means that the obvious rally has stoppe
Gold, Long Term Top?

The Fed is hawkish, U.S. stocks and gold are about to usher in a new round of correction

There were not many big events last week, but the market was not small at all. Since the US election, nothing in the financial market has risen smoothly except the US dollar and Bitcoin, and even the varieties that Trump intends to suppress have fallen one after another. At present, the market is still in the honeymoon period when the market expects the effectiveness of Trump's policies, and the main line has not changed much, which means that before Trump really takes office, strong varieties will continue to be strong, while weak varieties are more likely to continue to fall. Everyone should pay attention to it.The chairman of the Federal Reserve said at an event in Dallas last week that the current recovery momentum of the U.S. economy is good, the labor market is stable, and although i
The Fed is hawkish, U.S. stocks and gold are about to usher in a new round of correction

Gold Chartbook — Pullback into the last FOMC meeting in 2024

Gold $Gold - main 2412(GCmain)$ prices came under significant pressure following Donald Trump’s decisive victory in the 2024 U.S. presidential election. Over all, gold plummeted more than 9% since its new all time-high at USD 2,790 on Wednesday, 30th of October, 2024. This substantial decline came as no surprise as we had anticipated a wave of profit-taking in the gold-market. This sharp downturn was primarily driven by a surge in bond yields, a rallying stock market, and a strengthening U.S. dollar, all of which made gold less attractive to investors.The market’s reaction to Trump’s win was largely influenced by expectations of his proposed policies, which many believe could reignite inflation. Concerns about potential tariffs and immigration
Gold Chartbook — Pullback into the last FOMC meeting in 2024

2024/11/13 Market Commentary: U.S. Fiscal Policy, Musk to Lead DOGE

By US Tiger Research$Tesla Motors(TSLA)$ U.S. stocks, $Gold - main 2412(GCmain)$ , and $Bitcoin(BTC.USD.CC)$ all surged before pulling back, while the U.S. Treasury yield curve continues to normalize.On Wednesday, the Bureau of Labor Statistics released the October CPI data, and as shown below, both headline and core CPI met expectations. The impact of a high base effect has mostly faded, meaning the toughest part of fighting inflation may be here. However, we remain optimistic that the downward trend in inflation will continue in the short term. More sensitive indicators like the New Tenant Rent Index (NTRI, which leads CPI by about two quarters) and A
2024/11/13 Market Commentary: U.S. Fiscal Policy, Musk to Lead DOGE

Trump 2.0 is here, what now?

The much-anticipated U.S. election finally revealed its outcome last week: although Trump seems to be very close to Harris in traditional polls, it actually ended with Trump's big victory. With the second entry of this old acquaintance, the capital market also began to give some feedback. So what assets and changes are worth watching for us?About the crypto marketThere is no doubt that this is the strongest variety after the news that Trump is about to take office. Mainstream coins represented by Bitcoin and a number of altcoins have experienced huge gains in just one week. On the one hand, Trump showed the characteristics of a pro-crypto market during the election campaign; on the other hand, his main election assistant, Musk, is also very keen to "shout" on social media.Although we were
Trump 2.0 is here, what now?

Daily Charts - Tech stock valuations are priced for perfection+

1.Not-dot-com... something else!Tech stock valuations are priced for perfection+ What's similar vs different to the dot com bubble, and key points for investorsImage2.Stock Splits boost returns(or is it just that stocks that go up are more likely to split... 🧐 ) $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $.DJI(.DJI)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$ Image3.Gold $Gold - main 2412(GCmain)$ is overvaluedImage4.Emerging Markets *ex-China* are set t
Daily Charts - Tech stock valuations are priced for perfection+

What does Trump’s 2024 election win mean for global markets?

In last week's US election, Trump finally won, and the market entered the honeymoon period of Trump's trading. Although Trump will not officially take office until January next year, his remarks and preparatory actions have made the market full of expectations. The recent market fluctuations are all related to his words and deeds, so everyone should pay attention to tracking them. The following is a slight list of the relevant trading opportunities after Trump won the election for your reference.The U.S. stock index differentiates, keeping a close eye on the Dow RussellBefore the election, I analyzed with you that Trump's relevant policies will be relatively beneficial to small and medium-sized enterprises and traditional industries, so the Dow Jones Industrial Average and the Russell 2000
What does Trump’s 2024 election win mean for global markets?
avatarAnto X
11-09
$Gold - Dec 2024(GC2412)$   'Trump Victory Effect' on Futures Gold  In the last two days, the gold futures market has experienced 'Trump Victory Effect' which might take another week to finally see the 'true market' effect, here's why: 1. Post-Election Reactions: Following Trump’s win, the market likely experienced volatility due to investor adjustments based on expectations for his policy direction. Immediate reactions to election results often lead to short-term price swings as traders assess potential impacts on fiscal policies, international relations, and economic stability. 2. Market Uncertainty and Safe-Haven Demand: With Trump’s return, there could be increased demand for safe-haven assets like gold, especially among inv

Two key assets to keep an eye on during election week

U.S. bond yields rose further last week, putting gold under pressure, but the long-term narrative has not changed. As far as copper is concerned, the performance of copper prices in the past two weeks has been extremely calm and in a state of volatility convergence, just as all kinds of assets have amplified fluctuations due to Trump's coming to power, thus pricing in advance the possibility after he took office. CORE POINTS1. Copper prices continued to fluctuate last week, and gold fell back after hitting a new highIn terms of precious metals, COMEX gold fell 0.55% and silver fell 5.22% last week; The Shanghai Gold 2410 contract fell 0.46%, and the Shanghai Silver 2410 contract fell 5.12%. Among the prices of major industrial metals, COMEX copper and Shanghai copper changed by-7.53% and-3
Two key assets to keep an eye on during election week

Gold Chartbook — Profit-Taking in the Gold Market?

Since breaking above USD 2,530 in late August, gold $Gold - main 2412(GCmain)$ prices have only known one direction: upward. Following a meteoric rise, a new all-time high of USD 2,790 was reached last week on Wednesday. A significant consolidation or even a genuine correction have been notably absent so far. Amid increased volatility, there have only been two sharp but overall very modest pullbacks. Instead, gold bulls have been charging from one all-time high to the next.The broader rally in the gold market has been ongoing since autumn 2022, already. The triple bottom at USD 1,615 marked the trend reversal at that time. However, the uptrend has only gained significant momentum in the last 13 months. Starting at USD 1,810 on October 5th, 202
Gold Chartbook — Profit-Taking in the Gold Market?

What is the most important asset to watch as the election results come in

The U.S. election is about to give its final answer this week. The ups and downs of swing state data have caused some sensitive assets to take a roller coaster trend around last weekend. However, there are still some varieties fluctuating within a narrow range. Obviously, their breakthrough direction is likely to determine the market tendency in the next stage.Today we are going to talk about copper, which we haven't talked about for a long time. As a wide variety similar to crude oil, copper prices have gone out of a complete bull market and bear market in the first 11 months of this year, and are now just at the central axis level. What's more interesting is that in the past half month, the price has been running within a narrow range of 4.3-4.4 X.Copper has always been said by Dr. Coppe
What is the most important asset to watch as the election results come in

Economic and Market Review October 2024

$.DJI(.DJI)$ $.SPX(.SPX)$ $.IXIC(.IXIC)$ $iShares 20+ Year Treasury Bond ETF(TLT)$ $Gold - main 2412(GCmain)$ $WTI Crude Oil - main 2412(CLmain)$ OverviewReal GDP growth came in at 2.8% year over year, with inflation moderating to 2.4% year over year, though food and shelter were still elevated.Real disposable income rose once again for the quarter ending September 2024, the 27th straight monthly rise and the longest streak since record keeping began in 1959. However, the savings rate remains at near record-lows at just 5% compa
Economic and Market Review October 2024

The Final Day of Voting in the US Is Here,What to Watch in Markets?

The U.S. election has entered the final stage. Although the last voting day is November 6th, there are already a lot of voting data for reference due to mail-in ballots and early voting. Generally speaking, no candidate can win shoo-in at present. Let's wait for the results on Tuesday to observe the final changes in the market and whether supporters of both parties are satisfied with the process of the results after the final results are released. If they are dissatisfied, there may be riots similar to those in 2020, which may bring further turmoil to the market, and this turmoil may be global.The impact of U.S. stock indexesAfter the presidential election in the United States, the motivation to maintain the stability of the American stock market will gradually disappear. The continuation
The Final Day of Voting in the US Is Here,What to Watch in Markets?

WassUp | Reddit: Guess who's back?

Here comes WassUp, aka TINA - Tiger Introducing New Alpha, our tips for trading. $Gold - main 2412(GCmain)$ is still looking good, yet wait for the signals to reemerge.Stay in the game. Boost purchasing power and trading ideas with CashBoost!1. Market recapUS stocks were lackluster last week. The market rallied on Friday, but gains narrowed at the close, with the $.SPX(.SPX)$ ending up 0.4% and the $.IXIC(.IXIC)$ climbing 0.8%. Both indices fell more than 1% for the week. Big tech stocks declined, as weak earnings outlooks led to a wait-and-see attitude in the market. The chip index slumped more than 4% for the week, weighed down by an audit scandal.Will the
WassUp | Reddit: Guess who's back?
avatarAnto X
11-04
$Gold - Dec 2024(GC2412)$   Trump x Kamala (Gold version) This week, the U.S. election between Donald Trump and Kamala Harris could bring specific influences to the gold market: • Fiscal Policy Impact: If Trump wins, markets might expect tax cuts and deregulation, which could support the dollar and put slight pressure on gold. However, Trump’s policies could also lead to higher deficits, potentially raising inflation concerns, which would support gold as an inflation hedge. • Spending and Inflation Outlook: A win for Kamala Harris could signal increased government spending on social programs and infrastructure, which may drive inflation higher over time. This expectation would likely boost gold, as it serves

Bitcoin, Gold, and the U.S. Election: Navigating Market Sentiments Amidst Geopolitical Tensions

As the 2024 U.S. presidential election approaches, gold, Bitcoin, and global markets are moving in ways that reveal market sentiment, fears of geopolitical conflict, and investor caution. Here, we explore these dynamics in light of past trends, current economic and geopolitical tensions, and the wisdom shared by prominent financial leaders. Gold Price Movements Around Trump's First Election In the six months leading up to Donald Trump's first election in November 2016, gold prices experienced significant volatility. From May 2016 to November 2016, gold prices rose from around $1,200 per ounce to approximately $1,300 per ounce, reflecting investor uncertainty and a flight to safe-haven assets. Following Trump's election, gold prices initially spiked but then declined as market confidence in
Bitcoin, Gold, and the U.S. Election: Navigating Market Sentiments Amidst Geopolitical Tensions

Bitcoin Vs. Gold: What Investors Should Know

Gold is definitely driven by geopolitics says Florian Grummes, as well as de-dollarization. Ryan Wilday on Bitcoin's price action. Silver hasn't shown up to the party. Bitcoin ETFs like BITO. Crypto and precious metals - don't overestimate the importance of US elections. AlexSava Listen here or on the go via Apple Podcasts and Spotify Gold is definitely driven by geopolitics says Florian Grummes, as well as de-dollarization (1:10). Ryan Wilday on Bitcoin's price action (3:25). Silver has
Bitcoin Vs. Gold: What Investors Should Know

💰Gold Rush: Navigate Chaos by Cash Boost

Key Insights$.SPX(.SPX)$ breaks five-month win streak, with $Gold - main 2412(GCmain)$ seemingly becoming the ultimate risk-off asset.Try to manage your trades like a pro, and join trader communities to get real-time tips.Unlock value in CashBoost Account.1. Market recapAs US market is dragged down by the overwhelming risk aversion sentiment, uncertainty increases.On October 31, the $.SPX(.SPX)$ slid 1.9% on Thursday, its worst daily loss since early September. The tech-heavy Nasdaq 100 fell 2.4%.Both the $.SPX(.SPX)$ and $.IXIC(.IXIC)$ recorded their largest single-day dec
💰Gold Rush: Navigate Chaos by Cash Boost

The Impact of Earthquakes on the Japanese Stock Market

Since Japan launched its rate hike, the Japanese stock market has entered a high sideways consolidation stage, with the Nikkei 225 index rising by less than 3% in October. Recently, in the 50th House of Representatives election in Japan, the ruling Liberal Democratic Party lost its ruling position for the first time since 2009, and the Japanese stock market and exchange rate fluctuated greatly in the short term, which brought great uncertainty to Japan's monetary and fiscal policies in the future.There are downside risks to the economyAccording to published data, the Japanese government's second-quarter GDP growth rate was lowered from 0.8% to 0.7%, and the annualized quarter-on-quarter growth rate was lowered from 3.1% to 2.9%. Among them, the month-on-month growth rate of private final c
The Impact of Earthquakes on the Japanese Stock Market
avatarAnto X
10-31
$Gold - Dec 2024(GC2412)$   Gold is Gold. Happy Shorting. Looking at the recent drop in Gold Futures from a market correction standpoint: 1. Overbought Conditions and Technical Rebalancing Gold has experienced strong rallies in recent quarters, partly fueled by inflation concerns, geopolitical tensions, and the search for safe-haven assets amid economic uncertainties. These factors pushed prices up, potentially leading to overbought conditions in the short term. When assets become technically overbought, a natural correction often follows as investors lock in profits or rebalance portfolios. The recent dip could be a healthy correction, bringing gold’s valuation back into a more sustainable range. 2. Specula