Amid war fears & economic jitters, the $USD Index(USDindex.FOREX)$ & $Gold - main 2406(GCmain)$ $SPDR Gold Shares(GLD)$ climb while BTC dips.
Traditional safe-havens break their usual dance as investors hedge against global uncertainties.
BTC faces headwinds: prices fall, ETF interest wanes, & outflows persist.
Yet, upcoming Hong Kong BTC ETFs could shake things up.
Key takeaway?
In war-fogged markets, steer clear of leverage, and watch for more spot buys. Patience could pay—expect brighter days ahead.
Save capital, stay sharp.
Can the Recent High in Gold Prices Continue to Rise?
@Tiger_Chart：$Gold - main 2406(GCmain)$ will hit $2,500 by the 4th quarter says JP Morgan Image $SPDR Gold Shares(GLD)$ rose 1.87% on Monday trading, and $iShares Silver Trust(SLV)$ rose 3.04%. Image The relationship between Iran and Israel in the Middle East has spurred demand for safe-haven assets, Can the recent high in $Gold - main 2406(GCmain)$ prices continue to rise? Let’s look at 3 charts below first: 1.US CPI, US M2, SPX&GOLD overlay, 75-year chart Graddhy - Commodities TA+Cycles The 1st chart says: Fighting inflation has never been a priority Gold always catches up with M2 and CPI Stock market is just a function of the currency supply It all started when Nixon disconnected USD from gold ll now synced, and 3 has parabolic bases => parabolic now..? 2.Gold prices vs. U.S. Money Supply Image 3.Gold rally explained in one chart. Spoiler, more to come. Chart @RealAlpineMacro What does the charts implying? Fundamentally, The resilience of the U.S. economy is strong, and the Federal Reserve does not have the conditions to cut interest rates in the short term. The probability of international gold prices hitting new highs in the first half of the year is low. In the short term, the rise in the $USD Index(USDindex.FOREX)$ and real yields on U.S. Treasuries and other market indicators will exert some pressure on international gold prices.
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