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Three main factors fueled the rally: large purchases by central banks, notably those in China and other emerging markets; the Federal Reserve's monetary easing, which makes non-yielding gold more appealing; and the precious metal's historical role as a safe haven amid ongoing geopolitical tensions, including wars in

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Reason for Bullish XAUUSD is a symbol used in Forex trading to indicate the number of US dollars needed to buy one ounce of gold. Gold was used to determine the value of a country's currency. Nowadays, gold is still considered a very valuable asset and is used by traders as an investment opportunity.

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Central bank purchases of gold have been one of the strongest factors driving its price. This trend is likely to continue as central banks seek alternatives to US-dollar-dominated assets. Goldman analysts also believe that any escalation in trade tensions or geopolitical risks could further enhance gold's appeal.

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A "gold sell-side movement" refers to a situation in the gold market where there is a significant selling pressure, meaning more investors are looking to sell their gold holdings than buy, causing the price of gold to decline; essentially, the "sell side" of the market is driving the price downward due to increased selling activity.

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A "gold sell-side movement" refers to a situation in the gold market where there is a significant selling pressure, meaning more investors are looking to sell their gold holdings than buy, causing the price of gold to decline; essentially, the "sell side" of the market is driving the price downward due to increased selling activity.

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Reason For Bearish Setup 1.RisingWedge Pattern Formed 2. Obet previous ATH & Trendline Resistance

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If demand for the real metal goes up due to economic or political factors, it tends to increase XAUUSD's price too. The same things that impact supply and demand for gold bullion – like market conditions, policies, and shortages/ surpluses – also feed into movements in the gold/ dollar rate

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its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline.

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its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline.

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Reason for Bitcoin Bullish One big reason Bitcoin's price has gone up is because institutional demand continues to rise.. They're putting a lot of money into Bitcoin, which makes it more trustworthy. For example, MicroStrategy has bought a lot of Bitcoin and made a good profit as its value has increased. The way the market works also help

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Reason for XAUUSD/Gold Sell A downturn in the global economy, however, could weigh on demand and limit the precious metal's gains. A lack of progress in the Fed's efforts to lower inflation, on the other hand, could cause XAU/USD to turn south.

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Reason for Bearish 1. Breaked Major Support 2720 yesterday and now retesting tthe breaked Zone 2. Rsi 14 below 50 and tends to be selling confirmation 3. Stochastic Overbiught in abobe 80 and 1h Bearish Movement Over all Projection XAUUSD SELL 2720-23 SL 2730 TP 1 2715 TP 2 2710 TP 3 2701

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Reason for Bullish 1. Market strongly in uptrend with Higher high 2. Market formed Acending Triangle Patter with obeying channel 3. More confirmation by Upward Sloping Moving average XAUUSD BUY @ 2730-2740 SL 2715 TP 1 2745 TP 2 2770

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Reason for Bullish Gold can be a safe-haven asset. Investors often buy gold to protect their savings in the event of a market crash. For example, the price of gold went up by more than 100% between 2008 and 2012, the height of the financial crisis

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Reason for Bullish Gold hit a record high last month. Goldman Sachs analysts think it's not done rising. 1 The firm in a Monday note said it has a price target of $2,700 per ounce on the precious metal. That's actually a bit less bullish than before, since the bank is now targeting early next year instead of later in 2024 — but that's still an 8% premium over...

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Reason for Bitcoin Bullish As a result, BTCUSD is the most popular crypto-to-fiat pair, and it serves as the de facto gold standard for the cryptocurrency market; providing the price direction cue for virtually the entire crypto market. In the BTCUSD pair, Bitcoin is the base currency, while the US dollar is the quote currency.

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Reason for Bullish Gold Is Money One of the crucial promises of money is that it serves as a long-term store of value. Gold fulfills this promise better than any currency. Look how much purchasing power all major government currencies have lost compared to gold.

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Reason for Bullish Several media outlets reported that Israel delivered a harsh response to the recent Iranian attack by bombing central Beirut in the early hours of Thursday. Lebanese security officials said that three missiles also struck the southern suburb of Dahiyeh, the place of Hezbollah leader Hassan Nasrallah's killing. Lebanese health officials also...