PLUS1
Gold
XAU/USD Maintains Focus on $1,683
Nov 08 2022 @ 07:30
Gold appears to be putting an end to its downtrend. This is happening as the subdued United States Treasury yield provided some assistance. The United States Dollar rebounds strongly during a cautious market sentiment on Mid-term Election Day. Gold bulls stay optimistic as strong support lies at the $1,660 price level. XAU/USD price recently obtained […]
Types of Crypto Assets
Oct 10 2022 @ 18:19
A good understanding of the types of crypto Assets will help us to identify the uses, characteristics and similarities of the types of assets under certain different circumstances.The major crypto assets are divided by CoinDesk’s Digital Asset Classification Standard into a few helpful categories and these categories are discussed below: Cryptocurrency Cryptocurrency refers to […]
Gold Falls to a Week Low During Strong Dollar and Fed Rate Increase
Oct 10 2022 @ 07:47
Gold Continues to Retrace lower price levels for the 4th straight day today (Monday). The downside path stays unaltered through the 1st half of the European trading period. And this pulls the spot price to a week’s depth near the $1,678 area. Anticipations that the Federal Reserve will hold on to its violent tightening policy […]
Is BTC (Bitcoin) Worthless?
Oct 10 2022 @ 02:48
For more than 10 years critics were unable to understand how BTC can be of value in reality. If you are pissed off hearing this from people around you discussing this, then this article will supply you with information about how BTC was adopted. BTC Is Good Cash One of the usual ways of underrating […]
XAU/USD Shapes to Face Last Month’s High of $1735
Oct 06 2022 @ 05:34
XAU/USD is retaining its previous correction, as the United States dollar dips along with yield during a time of poor performance of the Treasury yield. Also, the risk tone looks better, as it reflects Asian stocks and the S&P 500 futures. This however supplied a headwind to the USD as it supports Gold. Investors are […]
XAU/USD (Gold) Reclines Around a Twenty-One Days Height Beyond $1,700
Oct 04 2022 @ 09:03
The USD falls further downwards from a twenty years height during the previous week. However, this has become a major factor initiating the move toward the USD-based commodity. The BoE’s eagerness to purchase around five billion pounds of long-dated gilts pulls the United States bond yield from its many years top and keeps burdening the […]
Why Inflation Is A Good Thing
May 27 2022 @ 13:53
Inflation would be the greatest thing to happen to me. I selfishly want the government to spend as much money as possible. “You can’t print money forever!” everyone is shouting.Yes you can. And they will. They’ve been printing money for decades, and only now it’s making the headlines. The reason I am selfishly supportive of […]
CAR (Central African Republic) Makes Bitcoin Its National Currency
May 07 2022 @ 08:48
Bitcoin has been authorized as the official currency in the Central African Republic. CAR ranks as one of the most impoverished nations in the globe, while the nation is blessed with natural resources such as Uranium, Diamond, and yellow metal (Gold). CAR has been ravaged by clashes between Muslim rebels and militia formed for defensive […]
Gold Consolidates Above $1,907 as It Regains Bullish Momentum
Apr 06 2022 @ 11:17
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bearish Gold (XAUUSD) has been consolidating above $1,907 as it regains bullish momentum. XAUUSD is trading above the 50-day line moving average but below the 21-day line moving average. The market will trend when the moving average lines are breached. For […]
Gold Fluctuates Below $1,950 Resistance as It Targets the $2,020 High
Mar 10 2022 @ 09:24
Key Resistance Levels: $1,900, $1,950, $2000 Key Support Levels: $1,750, $1, 700,$1,650 Gold (XAUUSD) Long-term Trend: Bullish Gold (XAUUSD) is in an uptrend as it targets the $2,020 high. The bulls have also broken above the resistance at $1,870. The market has reached a high of $1,950. Presently, Gold is fluctuating below the recent high. On […]
