An analyst at a bank which will have to go unnamed I’m afraid. But first, their forecasts: 3-month level at $1,850/oz (unchanged) 6-12 month gold point-price target $1,950/oz (from $2100… Read more »
Dow closes lower for the 1st time in 4 days The major US indices close lower across the board. The S&P and NASDAQ extended the losing streak to 3 days. The Dow meanwhile joined… Read more »
Weekly Technical Gold Price Forecast: Neutral Gold prices continue to struggle, even as the US Dollar falls back. Risk appetite is surging, reducing demand for the safe haven. China’s Spring… Read more »
Gold Price Forecast Overview: Gold volatility initially surged at the start of the session, but its fade during the day has contributed to gold prices giving up their gains. Gold… Read more »
Key Takeaways Bitcoin flashes several bearish signals, indicating that its uptrend has reached exhaustion. Ethereum whales are starting to pull their money out of the market, but prices hold above… Read more »
U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance… Read more »
Earlier this week, data from Glassnode showed that the amount of BTC that was being kept on cryptocurrency exchanges was at its lowest point in months. The total number of… Read more »
Ray Dalio has warned investors of the perils of holding cash. He argues the U.S. dollar has become a risky asset as a result of fiscal stimulus and debt production…. Read more »
XRP dropped by 4.5% over the past week as it trades at $0.232 today. The coin returned to the support at the .618 Fib Retracement, which supported the market in… Read more »
Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of… Read more »