NEW YORK — U.S. stock markets experienced a pullback on Wednesday, with major indices retreating as investors reacted to mixed earnings reports and a significant drop in gold prices. The S&P 500 declined by 0.5%, remaining within 1% of its all-time high set earlier this month. The Dow Jones Industrial Average fell 334 points, or […]
Bitcoin (BTC) experienced a sudden and dramatic surge, climbing from below $109,000 to nearly $114,000 in just a few hours. The unexpected rally shook the cryptocurrency market, hitting high-leverage traders particularly hard and resulting in over $550 million in liquidations in a 24-hour period. Why Bitcoin’s Price Jumped Several factors contributed to Bitcoin’s rapid rebound. […]
Bitcoin Expected to Gain as U.S. Banks Face Renewed Pressure Bitcoin expected to gain as U.S. banks face renewed pressure. Several regional banks in the United States are showing fresh signs of weakness, sparking concerns that the 2023 banking crisis could return. Despite government support and mergers meant to restore confidence, analysts warn that growing […]
WELL…..ITS ALL OVER FOR GOLD “When a barber offers you stock advice, then remember the markets are overvalued.” – Attributed [mine] Apparently, punters are lining up at Martin Place to get their hands on the magic metal. The snip below is from NewsCorp, which sits behind a paywall, but you can get the general gist […]
Market Analysis – October 9 Gold (XAUUSD) sustains its uptrend amid strong technical confirmation and momentum. The pair maintains a firm bullish trajectory as price action continues to trade above the 9-day Simple Moving Average (SMA) near $3,930, signaling persistent upward pressure. The Moving Average Convergence Divergence (MACD) indicator reinforces this strength, with the MACD […]
Key Points Gold surpasses $4,000 per ounce for the first time. Investors turn to gold as the US dollar weakens. Central banks and retail buyers drive record demand. Gold Breaks Record at $4,000 The price of gold climbed above $4,000 per ounce on Tuesday, marking a historic milestone for the precious metal. Around 11 a.m. […]
Market Analysis – October 2 Gold (XAUUSD) maintains its upward drive with favorable technical alignment. Gold (XAUUSD) continues to hold a bullish stance, with price hovering near $3,860 while remaining well above the short-term moving average around $3,810. The Relative Strength Index (RSI) is trading above 76, indicating strong market demand despite being in overbought […]
Gold has always stood as humanity’s ultimate store of value — scarce, tangible, and tested over centuries. Yet, for Generation Alpha, the first cohort born fully into a digital-first world, that golden shine already feels outdated. Instead, Bitcoin will emerge not as an alternative investment but as their default financial anchor. Born into Digital Value […]
Market Analysis – September 25 Gold (XAUUSD) sustains bullish momentum with higher targets in sight. Gold continues to maintain its upward trajectory, with prices holding firmly above the 9-day Simple Moving Average near $3,710, reinforcing the constructive outlook. The MACD setup remains tilted to the upside, with the signal line supporting sustained momentum, indicating that […]
