Gold market analysis for September 10 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]
Oil Prices Tumble as Traders Turn Bearish – OilPrice.com
Rising global crude supplies and weaker-than-expected demand have made traders increasingly bearish on oil prices. Hedge funds and other asset managers accelerated selling of the most-traded oil futures contracts in the latest reporting week that ended Sept. 3. Portfolio managers cut their overall net long positions — the difference between bullish and bearish bets — […]
Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify – Cointelegraph
Bitcoin (BTC) prices are trading 10% above the eight-month low of $49,577 hit on Aug. 5, as traders worry that the cryptocurrency may hit new lows below $52,000 before reversing. BTC/USD daily chart. Source: Trading View On September 6, Bitcoin extended its correction, falling more than 5.9% from a record high of 56,984 to hit […]
Bitcoin Traders Divided on Near-Term Price Rise After Jackson Hole – Decrypt
Bitcoin traders had mixed reactions in derivatives markets after the Jackson Hole Economic Symposium on Friday, balancing optimism about future gains with caution about the pace of the potential upside. The market has seen an increase in call spread buying, a sign that traders are betting on further price increases, QCP Capital said in its […]
Ethereum traders say ETH price at risk of a deeper correction to $1.6K – Cointelegraph
The price of Ether is trading 25% above its eight-month low of $2,112 hit on Aug. 5. The second-largest cryptocurrency by market cap has been trending higher, increasing 13% in the past seven days. ETH/USD daily chart. Source: Trading View Despite this performance, analysts believe that downside risk for Ethereum (ETH) remains a concern at […]
Meme Coin Traders Hate the Flood of Tokens on Pump.fun – Decrypt
Donald Trump and Elon Musk had a conversation on Twitter. Pump Fun OlympicsWithin three hours, 10,000 tokens had been minted by the Meme Coin Factory. But Degen wasn’t satisfied. “How is this a good thing?” Tyler Stockfield (commonly known as Anonymous) wrote Twitter“Nobody is having fun anymore except the Pump Fun team who are making […]
Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price – TradingView
Bitcoin BTCUSD With major BTC price indicators seeing room for growth, it suggests a third “local bottom” could occur in 2024. The latest research published by on-chain analytics platform CryptoQuant on August 8th shows bullish indications from the network value-to-transaction golden cross (NVT-GC) tool. BTC price is “overly depressed” Bitcoin is at risk of collapsing […]
Bond traders are betting on Trump. Investors should stay on the sidelines.
The upcoming US presidential election has become one of the most surprising in American history, with President Biden withdrawing his candidacy and endorsing Vice President Kamala Harris as his successor. Key members of the Democratic Party are now united in their support for her nomination. Biden’s decision was widely expected after his poor performance in […]
Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital – TradingView
Bitcoin prices have surged over the past seven days, climbing back into the $61,000 to $67,000 zone where they spent most of the second quarter. This strong run has come despite FUD (fear, uncertainty, and doubt) caused by speculation about Mt. Gox repaying customers. Interestingly, recent trading data has led QCP Capital, a well-known trading […]
Real estate stocks gain as traders look for alternatives to tech stocks (NYSEARCA:XLRE) – Seeking Alpha
Esch Collection/Digital Vision via Getty Images Real estate stocks rose this week as the market priced in a near-certain Federal Reserve interest rate cut in September and traders began moving out of tech stocks into other assets, including defensive and value sectors. Small cap stocks. Meanwhile, the assassination attempt has increased the odds that former […]