To The Moon

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

ReviewIn our last analysis on September 22nd, we suggested that Bitcoin and the entire crypto sector might need a bit more time. Indeed, Bitcoin briefly slipped below the psychological mark of USD 60,000 on October 10th, only to shoot up significantly the next day. This final bear trap marked the definitive trend reversal, which had already begun with the crash low of USD 49,130 on August 5th.At the latest with Donald Trump’s election victory, it’s clear that the breakout rally for Bitcoin has begun. A new all-time high of USD 79,780 has already been recorded. The strong resistance zone between USD 72,000 and USD 76,000 has thus been breached. Above USD 80,000, the real fireworks should begin, rapidly propelling Bitcoin prices towards the psychological magnet of USD 100,000.Overall, the se

Since it’s last significant low and turning point at USD 26.40 on August 8th, 2024, silver $Silver - main 2412(SImain)$ rallied by more than 32% to a new 12-year high at USD 34.86 on October 23rd. Over the last two weeks, however, the silver market came under severe pressure and has sold off to USD 30.84 as of Wednesday. This sharp decrease particularly gained momentum following Donald Trump’s victory in the U.S. presidential election. We timely had anticipated a profit-taking event in the precious metal prices in our bi-weekly gold analysis as well as in our most recent weekly gold chartbook.The decline in silver prices can be attributed to several factors. Firstly, Trump’s victory strengthened the U.S. dollar, which typically has an inverse

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 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

Gold prices have experienced significant fluctuations, recently reaching an all-time high of USD 2,685 before pulling back to USD 2,605. Key drivers include the first U.S. interest rate cut, a weaker U.S. dollar, and geopolitical tensions in the Middle East. Technical indicators suggest a potential continuation of the rally if gold surpasses USD 2,660 and USD 2,685, though a pullback to the 50-day moving average is possible. Despite recent volatility, the overall bullish trend remains intact, with a mid-term potential upward target around USD 3,080 to USD 3,100 USD. ssucsy In recent weeks, gold (XAUUSD:CUR) as well as the SPDR Gold Shares ETF (GLD), iShares Gold Trust ETF (

In recent weeks, gold $Gold - main 2412(GCmain)$ has experienced significant fluctuations, marked by an impressive rally and subsequent pullback. As the price of gold reached new heights, investors have been keenly observing the dynamics at play. This article delves into the recent movements in gold prices, analyzing key milestones, market consolidations, and the factors influencing these trends. With a focus on technical indicators and potential future scenarios, we aim to provide a comprehensive overview of the current state of the gold market and what it may mean for investors moving forward.ReviewWith the breakout above the resistance zone between USD 2,520 and 2,535, the gold price was able to ignite the next stage of its two-year rally o

Summary Gold prices have surged to new all-time highs, driven by geopolitical tensions, potential US interest rate cuts, and strong technical indicators. Despite brief pullbacks and multi-month consolidations, gold's upward trend remains intact, with potential targets of USD 2,535, USD 2,550, and USD 2,560, possibly even reaching USD 2,700. Commercial traders' short positions, high market optimism and seasonal weakness in September suggest caution, but the established uptrend and macroeconomic factors support continued strength in gold. Gold mining stocks, particularly juniors, show significant catch-up potential, highlighted by Gold Fields' acquisition of Osisko Mining, indicating undervaluation in the sector. ssucsy Since October 6th, 2023, gold has been on a remarkable upward trajectory

Summary Bitcoin experienced significant market fluctuations, with a crash to USD 49,577 followed by a strong bounce to USD 62,729. Global stock market pressures, interest rate hikes, and recession fears led to selling pressure on US technology stocks and the strongly correlated Bitcoin. Thus, sentiment has turned bearish. A final panic has an increased likelihood until the end of September or mid of October and should bring the start of a new uptrend. Technically speaking, Bitcoin might not need to make a new low but could shake of the remaining weak hands with a tricky and tenacious sideways consolidation over the coming one or two months. peshkov Not surprisingly, Bitcoin (BTC-USD) has experienced significant market fluctuations over

The stock market rally still demonstrates a lot of momentum, with $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ showing a year-to-date return of 7.11%. Furthermore, the market’s focus on the tech sector, with AI-related companies like $NVIDIA Corp(NVDA)$ experiencing substantial revenue growth and stock price increases, is not waning yet.Besides Nvidia, however, the star of 2024 is without a doubt Bitcoin. Additionally, there are signals from the US central bank hinting at rate cuts, sparking hopes for even more sustainable gains in stocks and crypto.ReviewAs expected, the launch of numerous Bitcoin spot ETFs in early January initially led to a swift pullb