gold

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My Thoughts on Current Markets-100

13 Mar 2024 4 minute read 0 comments Perfectionist25 $0.06

When we look at the daily chart of ounce gold, there was a triangle squeeze as I mentioned last week. As the squeeze passed $2058, it gained momentum in a very strong tone, clearly above our classic 5 and 8-day moving averages. When you pay attention...

My Thoughts on Current Markets-99

10 Mar 2024 5 minute read 0 comments Perfectionist25 $0.08

Bollinger was getting a lot of harassment on the Dow Jones side last week. If gold starts to close, it could bring us up to 38500. I mentioned that we tested 38500. In the next stage, the range between 38640 and 38500 will be an important range for u...

Is Gold's Rally Signaling Something Else On The Horizon?

9 Mar 2024 8 minute read 10 comments SweptOverNiagara $0.13

Gold's Rally May Be Telling Us Something   Since February 29, gold began an unprecedented rally that would see the yellow metal rise to a new weekly closing high on the following day, March 1. Gold continued to rally into the following trading week...

Reducing the dominance of the U.S. dollar?

9 Mar 2024 1 minute read 10 comments Sasha Poet $0.01

Hold on to your chairs, people! Almost all countries around the world invest in gold as if gold is not yet going out of fashion. But why? Maybe they think, or rather they are already worried, that the U.S. dollar has shaken a bit lately. Slightly, or...

Is Bitcoin a Useless Cockroach? What About Gold Then?

9 Mar 2024 1 minute read 2 comments Bfab $0.06

As an enthusiastic Bitcoin hodler, I've often come across the debate surrounding Bitcoin's practicality, particularly the common criticism that it's challenging to buy a pizza with Bitcoin due to fees and processing times. However, just try to buy a...

Morning JAVA: Gold Smashes 8 Records In 5 Trading Days!

8 Mar 2024 3 minute read 1 comment SweptOverNiagara $0.05

Gold's Five Day Winning Streak!   History is unfolding before our eyes. Since Thursday last week, gold has been on a phenomenal tear. By 6 pm last night, gold had broken 8 of its own records. The list is quite impressive and truly historical: On Fri...

Morning JAVA: Gold Shatters Records 4th Day In A Row

7 Mar 2024 2 minute read 1 comment SweptOverNiagara $0.09

Gold's Four Day Winning Streak!   Gold has been on a tear since last Thursday. Today marks a full week for gold's extraordinary rally. By the end of the trading day on Friday March 1, gold closed at $2,082 for a record high weekly close. On Monday,...

Morning JAVA: Gold Breaks Records 3 Days In A Row

6 Mar 2024 3 minute read 1 comment SweptOverNiagara $0.05

Gold's Three Day Winning Streak!   Since last Thursday, gold has been on a tear. By the end of the trading day on Friday March 1, gold closed at $2,082 for a record high weekly close. On Monday, gold managed to close above $2,100 for the first time...

My Thoughts on Current Markets-97

6 Mar 2024 2 minute read 0 comments Perfectionist25 $0.05

Euro - dollar parity is at 1.0850 level. The European Central Bank has an interest rate decision on Thursday. There is a significant impact on parity here. There is no change in my road map for this week. The band range I will follow for this week is...

Morning JAVA: Gold And Bitcoin Break Records!

5 Mar 2024 2 minute read 0 comments SweptOverNiagara $0.07

Gold Closes At Record High While Bitcoin Soars To New Daily High   March 4, 20224 is a date that is going into the history books. Yesterday, I watched in real-time as gold and Bitcoin reached new daily highs. I was stunned as both commodities soared...