🔥 Donald Trump Officially Elected President of the United States! 🔥
This historic moment has brought waves of excitement through the crypto community, as many are hopeful for a massive bull run in the coming months! The market is already responding, with Bitcoin showing strong momentum. 📈💪
Stay tuned for further updates and get ready for what could be an incredible time ahead in the crypto world!
Attacks over for now. Israel reopens airspace. Takeoffs and landings resume in 1 hr - Airport Authority
Читать полностью…Profit-taking ahead of the long Chinese holiday and the cautious market mood seems to be weighing on XAU/USD as markets await Fed Chairman Powell's speech.
Читать полностью…TECHNICAL OVERVIEW
▫️14-day RSI sitting above 70, continue to warrant caution for gold buyers.
▫️ upside levels - critical level $2635 will lead to psychological barrier $2650 further testing $2670
▫️ downside levels - previous days low $2613 further $2600
🥇🇺🇸 XAU/USD
Gold price consolidates near all-time peak, looks to Fed before the next leg up
📝 Gold price (XAU/USD) is seen oscillating in a narrow trading band during the Asian session on Tuesday and consolidating its recent gains to a fresh all-time peak . The prospects for a more aggressive policy easing by the Federal Reserve (Fed) keep the US Dollar (USD) depressed near the 2024 low and act as a tailwind for the non-yielding yellow metal .
The Reserve Bank of India has added as many as 13 new names to its "Alert List" of
"unauthorised forex trading"platforms, news agency PTI reported on October 22.
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Gold price is moving slightly away from a new record high of $2,638 early Tuesday, replicating the price action seen in Monday’s Asian trading.
Data today ‼️
FOMC member speech
CB consumer confidence
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Rising tensions between Israel and Lebanon push up haven demand for the precious metal.
Читать полностью…#FED
Always when the Fed started cutting rates by 50 bps or more immediately a recession would start...
When the Fed started to cut rates by 25 bps the growth continued...
We are more and more inclined to believe that a 50 bps cut may be seen as desperate action, so we expect to see a 25 bps cut today…
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2001 - Dot-com bubble
2008 - Lehmann Brothers
2020 - COVID
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