Gold News Gold Prices : Spot gold remained near a four-week low, flat at $2,285.69 per ounce as of the latest update, following a drop due to a stronger dollar and U.S. Treasury yields. Recent Low : The price had fallen over $140 from a record high of $2,431.29 on April 12. U.S. Gold Futures…
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Gold Analysis: By checking the gold chart in the 2-hour time frame, we see that as we expected, gold corrected to $2303 and grew from the same area by 100 pips to $2313! After that, gold fell again (the main trend) and was able to correct up to $2291, the overall yield of this analysis has…
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Bitcoin Analysis: Upon reviewing the Bitcoin chart on a weekly (logarithmic) timeframe, we observe that the price is trading around $61,200. It might penetrate below $59,500 to gather more liquidity! Let’s examine the scenarios together: if the price stabilizes and closes below $59,500, we may see a further decline, possibly even a correction in Bitcoin down…
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