Gold (XAU) Price Forecast: Bullish Momentum Holds Above $2800 as PCE Data, Tariffs Loom – FX Empire
12:30 GMT trades $ 2804.96 and has increased $ 10.80 or +0.39 %. Purchasing the central bank and the risk of inflation maintains gold support Beyond the tension of trade and stable central banks are still an important pillar of gold support. “I think the purchase of the central bank is the strongest structure in […]
Bitcoin Breaks $104,000, But Hype Still Not High: Bullish? – Bitcoinist
Data shows that Bitcoin's fear and greed index has not yet reached extreme values. Here's what this means for BTC's price recovery. Bitcoin’s Fear and Greed Index currently sits at 75 What is “Fear & Greed Index”? alternative This speaks to the average sentiment that exists among investors in Bitcoin and the broader crypto market. […]
XRP sustains bullish pressure following rumors of Donald Trump establishing US altcoin reserve – FXStreet
Donald Trump aims to create a cryptocurrency reserve that prioritizes assets created in the United States, such as XRP, Solana, and USDC. The SEC has appealed Judge Annalisa Torres' decision in the case against Ripple, drawing intense criticism from the crypto community. XRP is aiming for a new high above $3.55 after sustaining its uptrend […]
Gold (XAU) Silver (XAG) Daily Forecast: Will CPI Data Spark a Bullish Breakout? – FX Empire
Silver faces headwinds from hawkish Fed expectations Silver (XAG/USD) is trading around $29.84 after hitting an intraday low of $29.74. Like gold, silver is also under pressure from softer US inflation data and strong US employment data. Expectations of rising U.S. Treasury yields and tight monetary policy from the Federal Reserve continue to reduce silver's […]
AUD/USD holds below 0.6150 on bullish US Dollar, stronger US NFP report – FXStreet
In early Asian trading on Monday, AUD/USD weakened to around 0.6145. U.S. nonfarm payrolls increased by 256,000 in December. The unemployment rate fell to 4.1%. Concerns about China's economic downturn are weighing on Australia. Early in Monday's Asian session, the AUD/USD pair remained defensive around 0.6145. US job growth in December was better than expected, […]
Gold flirts with multi-week top despite bullish USD; seems poised to climb further – FXStreet
Gold prices have turned positive for the third day in a row, with a variety of factors providing support. Geopolitical risks, trade war concerns, and falling US Treasury yields are supporting the XAU/USD pair. Traders are now hoping for some stimulus from Fed speakers ahead of Friday's US NFP report. Gold prices (XAU/USD) regained positive […]
Gold is poised for a new bullish phase, according to the charts. Here are the levels to watch – CNBC
While most investors were focused on the solid uptrend in the S&P 500 and Nasdaq in 2024, it's worth remembering that gold has largely matched the performance of equity benchmarks throughout the year. As we enter the new year and stocks once again face headwinds, gold may just be the vehicle to weather this period […]
XRP Flashing Bullish Signal That Previously Triggered 470% Upside Burst, According to Analyst Ali Martinez – The Daily Hodl
A closely watched cryptocurrency strategist said XRP is giving off the same bullish signals it flashed late last year before sparking a parabolic surge. Analyst Ali Martinez told his 110,100 followers on social media platform X that XRP could be gearing up for a new rally based on supertrend indicators. The SuperTrend indicator is a […]
Trader Says Large-Cap Memecoin Looks ‘Undeniably’ Strong, Flips Bullish on Ethereum (ETH) – The Daily Hodl
An analyst known for making well-timed altcoin calls believes that top meme coin Dogecoin (DOGE) is preparing for a new spotlight. Pseudonymous analyst Brantz told his 306,000 followers on social media platform X that DOGE appears to be in the early stages of a new five-wave rally on the 12-hour chart. This trader follows Elliott […]
Shibetoshi Nakamoto Reacts as Dogecoin Regains Bullish Momentum – The Crypto Basic
Dogecoin regained its bullish momentum over the weekend, sparking reactions from founder Shibetoshi Nakamoto and other prominent enthusiasts. Billy Marcus, aka Shibetoshi Nakamoto, praised Dogecoin’s price hike on X (formerly Twitter). “Hello Queen”, Software Engineer tweeted on friday. hello queen pic.twitter.com/kRI7gZgN7K — Shibetoshi Nakamoto (@BillyM2k) January 3, 2025 For context, dogecoin The stock closed the […]