kripsonfx97

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Likewise, it typically boasts an influx of liquidity into crypto landscaping, which sets the stage for a potential bullish market ahead. this often signals rising market leader's prices and spreading its resonance in the broader market, too.

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Reason for Sell 1. Bearish Rising Wedge Pattern breakout 2. Double Top 3. Breaked Support 4. Bearish Spinning Top in ATH

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Reason for Bullish 1. Rising Wedge Pattern 2.Obey Support & Tredline 3. Buying Pressure & Fibo Retracement (0.382) 4.Resistance R as TP1

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Reason for Bullish 1. 4H Uptrend 2. Consolidation Breaked 3. Ascending Triangle Pattern 4.Fair Value gab + 50% Retracement 5. Swing High as long term target 6. Obey trendline + Support

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Investor sentiment has played a significant role in the recent spike in gold prices. The current market positioning reflects a strong bullish outlook on gold

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The allure of non-yielding bullion tends to increase when interest rates are lowered because the opportunity cost of holding gold decreases. Investor sentiment has played a significant role in the recent spike in gold prices. The current market positioning reflects a strong bullish outlook on gold

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Gold is valuable due to its rarity, durability, and historical significance as a medium of exchange and store of value. It tends to hold its value during economic turbulence, and investors appreciate its potential for a safe haven. It is also used in jewelry and electronics, so there are some real-world uses of gold.

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Silver tends to outperform gold in terms of return and can deliver a higher return on investment. However, silver's real value is as a hedge and safe haven asset and the primary reason to own silver is not about wealth accumulation but about wealth protection and hedging risk in an uncertain world.

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Trading XAUUSD pair is popular among gold traders who seek opportunities in the fluctuations of gold prices relative to the dollar. This trading pair is influenced by factors such as supply and demand, economic data, geopolitical events, and central bank policies.

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Gold staged a decisive rebound following the bearish action seen in the first half of the week. XAU/USD technical outlook suggests that the bullish bias remains intact. Investors await US inflation data while keeping an eye on geopolitics.

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XAU/USD, commonly known as the gold-to-dollar currency pair, holds the distinction of being one of the most traded Forex pairs for several compelling reasons. Firstly, gold has historically been a store of value and a hedge against inflation, economic uncertainty, and currency fluctuations. As a result, traders and investors often turn to gold during times of...

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From a technical perspective, the daily chart for XAU/USD suggests the bearish potential remains limited. The pair found an intraday bottom at around the 23.6% Fibonacci retracement of the June/July rally at $2,438.80, now holding above the level. At the same time, technical indicators have lost their upward strength but remain within positive levels. Only the...

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dentifying a bullish or bearish market involves observing key indicators. In a bullish market, look for rising stock prices, increased investor confidence, strong GDP growth, and low unemployment rates. Major stock indices trending upward also signal a bull market.

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Gold price trades in a channel formation on a daily timeframe, which is slightly rising but broadly exhibited a sideways performance for more than three months. The 50-day Exponential Moving Average (EMA) near $2,370 continues to provide support to the Gold price bulls. The 14-day Relative Strength Index (RSI) oscillates within the 40.00-60.00 range, suggesting...

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The allure of non-yielding bullion tends to increase when interest rates are lowered because the opportunity cost of holding gold decreases. Investor sentiment has played a significant role in the recent spike in gold prices. The current market positioning reflects a strong bullish outlook on gold.

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Reason for Bullish oday, US Dollar is expected to fall against the Gold (per ounce), as the forecast expects the XAU/USD exchange rate to move to $ 2,391.05 from the current rate of $ 2,401.74. In the next 7 days, US Dollar is predicted to increase compared to the Gold (per ounce) by $ 2,352.97.

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Overall, selling gold provides a dependable and efficient means to secure liquidity, address immediate financial needs, and make the most of a valuable and universally accepted asset. Urgent Cash Needs: Life throws curveballs. Unexpected expenses, medical bills, or emergencies can necessitate quick cash.

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After coming within a touching distance of a new all-time high near $2,480 with the immediate reaction to disappointing US labor market data on Friday, Gold reversed its direction and declined below $2,420. Profit-taking ahead of the weekend might be weighing on XAU/USD