Gold sticks to intraday gains; lacks bullish conviction amid elevated US bond yields – FXStreet
Gold prices are struggling to capitalize on modest intraday gains amid mixed fundamental indicators. Expectations that the Fed will ease its dovish stance and rising US Treasury yields are capping the rise in XAU/USD. Geopolitical risks, trade war concerns and expectations for Fed rate cuts could support precious metals. Gold prices (XAU/USD) lost most of […]
Gold Price Forecast: Faces Bearish Momentum After Bullish Reversal Falters – FX Empire
Price Rejects at 20 Day Moving Average – Bearish The 20-day moving average has recently shown dynamic support for an uptrend, but it was successfully tested as a resistance line today as gold prices were rejected to the downside around this line. The same can be said about the relationship with the internal uptrend line. […]
Gold retains its bullish bias near one-week high amid rising geopolitical risks – FXStreet
Gold prices attracted buyers for the fourth day in a row, rising to their highest level in more than a week. Geopolitical risks stemming from the Russia-Ukraine conflict benefit the safe haven XAU/USD. Rising U.S. bond yields could support the U.S. dollar and provide a ceiling for the low-yielding yellow metal. Gold prices (XAU/USD) have […]
NFTs weekly sales surge 94% as crypto market continues bullish run – Cointelegraph
The non-fungible token reached $181 million in weekly sales, supported by strong gains in Bitcoin and other cryptocurrency markets. November 17, Digital Collection Data Tracker CryptoSlam showed NFTs reportedly recorded sales of $181 million in the past seven days. The data shows that weekly NFT sales are up 94% compared to the previous week, when […]
Big Tech Stocks Suffer Near $500 Billion Selloff As ‘Dangerously Bullish’ Rally Loses Steam – Forbes
top line Trump-inspired stock market rally further dwindled as investors took note of further concerns hawkish Monetary policy has caused big tech stocks to drop sharply as indexes head into a down week, although stock prices have remained positive since last week's election. On Friday, the Trump-induced stock market rally slowed further. Getty Images important […]
Barclays: 'We envisage sustained dollar resilience with bullish momentum into 2025.' – Forex Factory
From home.treasury.gov|3 hours ago The global economy continues to show strength and is poised for a soft landing. The IMF forecasts global economic growth in 2024 to be 3.3% compared to the fourth quarter, and frequent measurements of production and general business conditions suggest that global economic activity remains strong. I am. As the world's […]
Gold Price Forecast: Bullish Hammer Pattern Hints at Potential Recovery – FX Empire
Above 2,681 indicates a bullish reversal As of this writing, a decisive move above today's high of 2,681 would trigger a bullish reversal. Some technical damage has occurred during the current decline as support failed first at the 20-day moving average and then at the 50-day moving average. This was followed by a monthly bearish […]
Ethereum Reclaims $3,000 With 'Surprising Upturn in Bullish Sentiment' Amid Bitcoin's Record Highs – Decrypt
While Ethereum has struggled to find traction in recent months, Bitcoin has soared, hitting record highs multiple times in early November, including again on Friday afternoon. However, the second-largest cryptocurrency by market capitalization finally managed to break through the $3,000 mark for the first time since August 2 early Saturday morning, peaking at $3,056. Although […]
Inside Scoops from Fight Club Event Sent Attendees into Election Day Feeling Bullish
Breitbart Fight Club After spending time in private members-only chats with several Breitbart senior editors and reporters, the founding members entered voting day feeling bullish and filled with analysis and insight from the world of baseball. On Sunday evening, Nov. 3, best-selling author and Breitbart contributor Peter Schweitzer, economics editor John Carney, Washington bureau chief […]
Zaslav bullish on Trump allowing media mergers
Warner Bros. Chief Executive David Zaslav said Discovery is optimistic that former President Trump's administration will create a favorable environment for potential media consolidation. “There will be a new government,” Zaslav said on a conference call with investors this week. “It's too early to tell, but it could bring about a very different pace of […]