There are several factors that are causing platinum to be much cheaper than gold at the moment. Chief among them is the expected decline in demand for the metal, due
- Key Insights: Though the S&P 500 is in a corrective phase, signs of potential bullish reversals present opportunities for long positions. Monitor economic reports and geopolitical events closely, as
This week, the price of gold continued to hit new highs. As the geopolitical situation may continue to help the price of gold rise, gold closed higher at the end
So this time the market gapped up, lol by like 22 points so that's pretty big. My assumption here is that the market fills the upper gap RSI and/or MFI
1. Bearish Reversal Scenario:Alternative Outlook: Instead of continuing upward to the next target, Bitcoin may fail to breach the resistance and reverse downward due to a potential "bull trap."Trigger: A
gold spending some time around present levels before it continues higher.. At least another 3-5 business days gold needs to spend here , Last two weeks Every dip should be
Four Core Qualities of Superior Moving AverageAccuracy (preserving large-scale structure):Moving average should maintain the important underlying structure of price movements (like major trends and cycles) while filtering out all smaller
The 1-hour moving average of gold starts to turn downward. As long as gold does not rise strongly, the 1-hour moving average of gold may continue to move downward. Finally,
Technical AnalysisTrade Setup:A buy position has been placed based on a key reversal area, suggesting a potential bullish move.Entry Point: Positioned slightly above a previous support zone.Stop-Loss (SL): Set near
JPIRYYFebruary/2025source: Ministry of Internal Affairs & Communications- The annual inflation rate in Japan fell to 3.7% in February 2025 from a 2-year high of 4.0% in the prior month, amid