Gold Price Outlook: XAU/USD stays negative, with $3,345 expected to support buyers
Gold is currently making a corrective recovery against the US dollar, facing resistance at $3,345 and $3,360. Strong GDP figures and hawkish expectations from the Fed are influencing the market. XAU/USD exhibits a bearish flag pattern, targeting a measured value of $3,245. On Wednesday, gold (XAU/USD) showed some upward movement, partly due to a slightly […]
Bitcoin Price Looks for Federal Reserve Guidance After Positive US-China Trade Discussions
Simply put Beijing and Washington discussed extending the 90-day tariff suspension but could not finalize an agreement. Bitcoin’s price reached $118,000 as traders interpreted macro policy signals. Attention will shift to the Fed meeting on Wednesday, with market expectations for interest rate cuts in September. Bitcoin and the wider cryptocurrency market remained stagnant on Tuesday, […]
Silver Price Prediction: XAG/USD hovers around $38.00 as traders look for Fed’s decision
Silver is stabilizing around the 20-day SMA at $37.88, approaching significant support that reflects some uncertainty. The RSI is showing a bullish but flat trend, indicating a lack of momentum as everyone waits for the Fed’s rate decision. If it moves up, $39.00 is the next target, with $38.50 also in sight. On the downside, […]
Today’s gold price forecast: What to expect for gold rates in the near future? Here’s the outlook.
Gold Price Prediction Gold prices are expected to have limited gains in the near future as the clarity around US President Donald Trump’s trade policies becomes more apparent. Maneesh Sharma from Anand Rathi stocks discusses insights and strategies for Gold and Silver investors. After a slight uptick early last week, gold has now faced four […]
Gold Price Outlook: XAU/USD approaches 50-day EMA support, attention turns to the Fed
Gold Stabilizes After Four-Day Slide Gold (XAU/USD) has stabilized around $3,321 on Tuesday, after reaching a nearly three-week low of about $3,300, effectively stopping a four-day losing streak. Risk-on sentiments and easing geopolitical tensions are contributing to a reduction in demand for safe havens as the August 1 deadline approaches. The market remains cautious ahead […]
Bitcoin price disregards possible upcoming $450M Galaxy Digital BTC sale
Key Points: Despite new Galaxy Digital Exchange Transactions, the market mood remains stable, with Bitcoin expected to reach $119,000 once the CME gap is filled. Selling nerves regarding “OG” BTC seem to have faded following last week’s transaction of 80,000 BTC. There are still discussions in trading circles about the possibility of another BTC price […]
XRP Price May Drop Below $3 Following $840 Million Sell-Off
XRP Faces Volatile Trading Period XRP has recently seen a notable decline from its peak, settling into a lateral trend for now. It’s currently hovering just above the $3 support level, which acts as a psychological anchor for many investors. However, an uptick in selling activity could jeopardize this support in the near future. XRP […]
USD/JPY Price Outlook: Increasing 20-day EMA indicates a significant upward trend
USD/JPY falls to about 148.35 after a three-day winning streak. US tariff agreements bolster the US dollar. Market participants are keenly awaiting monetary policy updates from the Fed and BOJ this week. The USD/JPY pair dipped to around 148.35 during the late Asian trading session on Tuesday, having difficulty maintaining its three-day run of gains. […]
Famous Trader Peter Brandt Claims an XRP Competitor Might Become a ‘Star,’ Reveals Big Price Goal for Silver
Peter Brandt Shares Insights on Crypto and Silver Veteran trader Peter Brandt notes that certain payment-focused cryptocurrencies could stand out, specifically predicting significant growth in silver. In a recent message to his 803,900 followers on social media platform X, Brandt expressed a rather pessimistic view on most cryptocurrencies, suggesting that many will ultimately become worthless. […]
$4 Trillion Bitcoin and Crypto Set for a Price Shift
Bitcoin has bounced back from last week’s decline, increasing following a significant earthquake that affected $9 billion. Last week, Bitcoin prices dropped to approximately $115,000 each but have since rebounded to around $120,000. This resurgence has pushed the total cryptocurrency market above $4 trillion. US President Donald Trump has also shared a substantial crypto forecast. […]