Bitcoin bull flag and typical profit-taking suggest a potential rise to new BTC price peaks.
Key takeaways: Traders anticipate a pullback in Bitcoin’s price to around $90,000; however, if the upper range decreases, there might be potential for a new high. On-chain data indicates that current profit levels aren’t strong enough to disrupt Bitcoin’s existing price momentum. For much of the week, Bitcoin (BTC) has fluctuated between $104,000 and just […]
Gold price loses momentum on profit-taking – FXStreet
In early European sessions on Friday, the edge of gold prices is low and pressure is put on profits. Increasing uncertainty about tariffs and the fear of recession could increase the flow of safe havens that supports gold prices. Fed’s Daly will speak later Friday. gold Price (Xau/USD) is stable on Friday after investors retreated […]
Gold price tumbles on profit-taking amid falling US yields – FXStreet
Xau/USD traders are booking profits as US Treasury yields drop further. Trump's tariff threat against uncertainty in the Mexican and Canadian fuel markets. The confidence of US consumers is weak, and layoffs cause stag fear. Gold prices plummeted Tuesday during the North American session as traders booked profits amid the US Treasury yields. Greenback also […]
Gold (XAU) Silver (XAG) Daily Forecast: Will Profit-Taking Trigger a Pullback? – FX Empire
Profit and excessive conditions affect money The key factor behind the modest decline in gold is profitable as the daily chart shows slightly bought conditions. “The rapid rise in gold has made it vulnerable to pullbacks,” said a senior market analyst. Traders unleash some bullish positions as they wait for fresh catalysts, especially US economic […]
Natural Gas News: Futures Retreat as Profit-Taking Hits Post-Weather Rally – FX Empire
Daily natural gasThe market is technically supported, but there are signs of shaking momentum. The key pivot is $3.505. If prices fall below this level, the momentum on the negative side could be accelerated. The $3.801 high on Friday currently exists as a potential lower upper, potentially strengthening the bearish structure when sales pressure rises. […]
Gold Price Forecast: XAU/USD drifts lower below $2,900 amid profit-taking – FXStreet
Gold prices will trade in negative territory around $2,880 in early Asian sessions on Monday. Trump's tariff delays put pressure on gold prices and ease panic in the market. Uncertainty, increased trade tensions and lower USD could lead to a rise in Xau/USD prices. Gold prices (XAU/USD) will be down to nearly $2,880 to benefit […]
Gold price plummets below $2,900 amid profit-taking, weak US Retail Sales – FXStreet
Despite the decline on Friday, Friday is set to increase by 0.80% over the week. US retail sales will plummet, driving the weakening of the US dollar and Treasury yields. Investors cut prices with one or more Fed rate reductions, boosting the long-term appeal of bullion. Gold prices on Friday are below $2,900, but will […]
Gold News: Can XAU/USD Rally Continue Despite Rising Profit-Taking Risks? – FX Empire
Economic data released throughout this week further supported the case for continued rate cuts. The personal consumption expenditure (PCE) price index, a key indicator of inflation, rose 0.1% month-on-month in August and 2.2% year-on-year, slightly below economists' expectations of 2.3%. The core PCE index, which excludes food and energy, was also in line with expectations, […]
Asian stocks sink as tech profit-taking overshadows rate cut cheer – Investing.com
Investing.com — Most Asian stocks fell on Friday, with tech-heavy indexes dropping sharply as profit-taking hurt technology shares despite a weak U.S. inflation reading that boosted optimism for interest rate cuts. Regional stocks largely tracked Wall Street’s overnight decline, falling nearly 2 percent as profit-taking hit big technology stocks, especially chipmakers and artificial intelligence stocks. […]
A hedge on chip stocks if some of the profit-taking in Nvidia continues – CNBC
Semiconductors have been a big, profitable investment theme for investors in recent years, but it seems like a breather is imminent for this red-hot sector. With signs of profit taking in Nvidia (NVDA) this week for the first time since its post-earnings surge, it may be time to hedge against further declines in the semiconductor […]