We talked about several ways to build your portfolio in the US stock market last Thursday (7/11) in light of the interest rate cuts. This week, we will examine the potential for investing in gold. Gold hits a new high. Since March of this year, gold has been steadily climbing and broke through several key price levels after reaching a historic high on March 6th. Following a period of consolidation between mi...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4)(ESmain.US)$(4 Hour Chart) -[NEUTRAL] S&P dropped and broke below support, invalidating bullish scenario. We turn neutral for now, expecting price to consolidate between 5640.00 resistance and 5560.00 support. A candlestick close below 5560.00 support will open a drop towards next support at 5510.00. Technical indicators are mixed for now. Alternatively: A 4 hour candlestick close above 56...
Gold prices have been on an upward trajectory, driven by mounting expectations for Federal Reserve rate cuts and increased bets on Donald Trump's re-election.$Gold Futures(AUG4)(GCmain.US)$briefly surged to nearly $2,490 per ounce this week before retreating slightly to a more volatile pattern. Several financial institutions forecast that gold prices could potentially reach $3,000 per ounce in the future. The market has fully pr...
US Market Key Charts (S&P, US Dollar, Gold) $E-mini S&P 500 Futures(SEP4)(ESmain.US)$(4 Hour Chart) -[BULLISH ↗ *] S&P is currently holding above 5630.50 support. As long as price holds above this support, we can expect a short term intraday bounce towards 5718.75 resistance. Technical indicators are mixed for now. Alternatively: A 4 hour candlestick close below 5630.50 support will open a pullback towards 5585.25 support. $USD(USDindex.FX)$(4 Hour C...
$Bitcoin(BTC.CC)$anyone who stacks gold and silver knows this is bad news for bitty "Wall Street's number one" is no longer "fearful" of cryptocurrency! Trump revealed that the CEO of JPMorgan has changed his attitude towards bitcoin. JP Morgan associates have been busted many times over for manipulation on gold and silver keeping the price down
7
Report
EZ_moneyOP :
all the SEC does is fine them 100s of millions, after they made billions shorting it down
Gold Futures(AUG4) Forum
Gold hits a new high.
Since March of this year, gold has been steadily climbing and broke through several key price levels after reaching a historic high on March 6th. Following a period of consolidation between mi...
$E-mini S&P 500 Futures(SEP4)(ESmain.US)$ (4 Hour Chart) -[NEUTRAL] S&P dropped and broke below support, invalidating bullish scenario. We turn neutral for now, expecting price to consolidate between 5640.00 resistance and 5560.00 support. A candlestick close below 5560.00 support will open a drop towards next support at 5510.00. Technical indicators are mixed for now.
Alternatively: A 4 hour candlestick close above 56...
The market has fully pr...
$E-mini S&P 500 Futures(SEP4)(ESmain.US)$ (4 Hour Chart) -[BULLISH ↗ *] S&P is currently holding above 5630.50 support. As long as price holds above this support, we can expect a short term intraday bounce towards 5718.75 resistance. Technical indicators are mixed for now.
Alternatively: A 4 hour candlestick close below 5630.50 support will open a pullback towards 5585.25 support.
$USD(USDindex.FX)$ (4 Hour C...
$Dow Jones Industrial Average(.DJI.US)$ rose by 0.59% to a new record high, closing at 41,211.12. In contrast, the $S&P 500 Index(.SPX.US)$ fell by 1.39%, and the $Nasdaq Composite Index(.IXIC.US)$ dropped by 2.76%. Tech stocks faced significant pressure, contributing to the mixed market performance.
Key Drivers
1. Strong Performers: $UnitedHealth(UNH.US)$, $Johnson & Johnson(JNJ.US)$, and $Cisco(CSCO.US)$ l...
No comment yet