Schiff: Dump U.S. Debt and Empower Chinese Consumers Schiff has renewed his call for China to take drastic measures amid the escalating trade war with the United States. According to the economist and gold advocate, the most effective strategy would be for China to dump its vast holdings of U.S. Treasuries and dollar reserves. In […]
Market Analysis – April 10 Gold (XAUUSD) continues to demonstrate strong upward momentum, with price action moving steadily toward successive resistance levels. On the daily timeframe, a bullish crossover is evident on the Moving Average Convergence Divergence (MACD) indicator, as the MACD line crosses above the signal line—indicating sustained buyer strength. The accompanying histogram has […]
Market Analysis – April 3 Gold is maintaining a strong bullish momentum with the possibility of further gains. The 9-day Simple Moving Average (SMA) currently sits around $3,070, serving as dynamic support for the ongoing uptrend. The MACD histogram remains in positive territory, with the signal line positioned above the zero level, reinforcing the bullish […]
Market Analysis – March 27 Gold exhibits strong bullish momentum as it nears crucial resistance levels. The 9-day Simple Moving Average (SMA), currently positioned at $3,030, serves as a dynamic support level, reinforcing the prevailing uptrend. The MACD histogram remains in positive territory, with the MACD line above the signal line, indicating sustained bullish momentum. […]
Gold prices soared to new heights on Monday, driven by escalating trade tensions and investor demand for safe-haven assets. The precious metal reached a record $3,160 per ounce before pulling back slightly, yet remains up more than 18% in the first quarter—marking its strongest quarterly gain since 1986. Trade War Fears and Inflation Drive Gold’s […]
The British pound is leading gains in the currency market today, while the Japanese yen lags behind. Meanwhile, European equities are in the red, and U.S. stock futures are dipping slightly. The cautious market sentiment stems from ongoing concerns over former U.S. President Donald Trump’s tariff policies. Markets Respond to Tariff Uncertainty The dollar initially […]
Dollar Gains Amid Tariff Uncertainty and Inflation Concerns Dollar strength is evident today, with the dollar index (DXY00) climbing 0.21% as trade tensions escalate. The possibility of new tariffs fueling inflation has kept Federal Reserve policy restrictive, adding to the dollar’s appeal. President Trump’s latest threat to impose a 200% tariff on European wine, champagne, […]
Market Analysis – March 6 Gold (XAUUSD) remains bullish with potential upside toward the $3,100 resistance zone. The MACD (Moving Average Convergence Divergence) indicator signals bullish momentum, with the MACD line (38.07) positioned above the signal line (29.75), indicating continued strength in the uptrend. The 9-day SMA (Simple Moving Average) at $2,910 serves as dynamic […]
Market Analysis – February 27 Gold (XAUUSD) is poised for new highs as the critical $2,880 support level remains intact. Technical indicators continue to support the bullish outlook for XAUUSD. The 9-day Simple Moving Average (SMA), positioned around $2,920, acts as a dynamic support level. The Stochastic Oscillator, currently near the mid-level at 50, suggests […]
