To The Moon

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 tra

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

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

SummaryGold prices have broken out to a new all-time high, signaling the end of a 13-year correction and consolidation phase.The weekly chart suggests a medium-term price target of USD 2,535, with the potential for even higher prices in the longer term.The sentiment in the gold market is still neutral, leaving room for further price increases.With Chinese citizen as well as the People's Bank of China being on a buying spree, the gold price is now made in China.American Eagle Gold Coin Bullion Investment ObverseReviewAfter a sharp two-month rise to a new all-time high of USD 2,149 on December 4th, the gold $Gold - main 2404(GCmain)$ market experienced a sharp pullback to USD 1,973 in the final weeks of the old trading year, followed by a rapid

Gold prices ended 2023 with a 13.1% increase, reaching a closing price of USD 2,063.The gold market remains in a corrective phase since reaching a new all-time high of USD 2,149 in December.The main drivers for gold in 2024 will be inflation, interest rates, and geopolitics, with interest rate cuts potentially benefiting the gold price.The geopolitically very tense situation in the Middle East could kick gold prices higher at anytime.American Eagle Gold Coin Bullion Investment ObverseGold concluded the trading year 2023 with a closing price of USD 2,063, marking an increase of approximately USD 240 or 13.1% over the course of last year. Particularly beneficial for this overall strong performance were the last two weeks of December when, following the FOMC meeting on December 13th, gol

Gold prices have surged by nearly $200 or 11% in the past three weeks, reaching $2,046.If gold can close above $2,000 by the end of November, it would mark the first monthly closing above this significant threshold.The weekly and daily charts indicate a bullish outlook for gold, with a potential breakout rally expected in the coming months.Liberty Gold Eagle one ounce coinIn the last two months, gold has attracted attention with a strong performance. It looks as if the long and tough 12-year consolidation is coming to an end.ReviewCommencing from the low on October 6th at USD 1,810, the price of gold surged by nearly USD 200 or 11% in the subsequent three weeks, reaching USD 2,009. A two-week retracement brought the prices back to the 200-day moving average (back then at USD 1,933) by mid-

Summary Bitcoin has seen a 145% increase in value over the past 12 months, hence outperforming all other assets like stock markets and precious metals. Bitcoin's recent rally has made it easier for trend-followers, but the vast majority of gains were achieved by three big green weekly candles over the course of this year. A final surge towards the 61.8% retracement around USD 48,000 to 50,000 remains likely. Afterwards a deep pullback is expected. monsitj From its November 2022 low to its recent high, Bitcoin (BTC-USD) as well as the Grayscale Bitcoin Trust (OTC:GBTC) is up 145% within 12 months. But of course, it wasn’t easy to ride this rally if you didn’t have a good entry or

Bitcoin has seen a 145% increase in value over the past 12 months, hence outperforming all other assets like stock markets and precious metals.Bitcoin's recent rally has made it easier for trend-followers, but the vast majority of gains were achieved by three big green weekly candles over the course of this year.A final surge towards the 61.8% retracement around USD 48,000 to 50,000 remains likely. Afterwards a deep pullback is expected.silhouette form of bull on technical financial graph 3d illustrationFrom its November 2022 low to its recent high, Bitcoin as well as $Grayscale Bitcoin Trust (BTC)(GBTC)$ is up 145% within 12 months. But of course, it wasn’t easy to ride this rally if you didn’t have a good entry or are a long-term holder. Until t