The gold price can surge to unprecedented highs during periods of heightened tension in the Middle East for several reasons:
Safe-Haven Demand: Gold is often viewed as a safe-haven asset during times of geopolitical uncertainty. When tensions escalate in the Middle East, investors may seek the perceived safety of gold as a store of value. This increased demand...
GOOD DAY FELLAS
Gold, represented as XAU USD, is currently trading at 1980 USD. While many market participants expect gold to break its previous high of 2080 USD, there are diverging opinions on the future price direction of gold. In this analysis, we will explore the fundamental and technical factors that could influence the price of gold in the short and long...
Good Day Everyone
It is understandable to feel cautious about investing and trading in the current geopolitical climate. There are indeed tensions between several countries, such as China and the USA, Israel and Iran, and Russia and NATO, among others. These conflicts could potentially escalate and lead to a full-scale world war.
However, it is important to...
War with Ukraine and Russia will escalate soon. EU and NATO have joined forces with Ukraine. learn more on WION youtube channel or google gravitas. if you don't know whats really going on then i suggest you wake up. Recession and another World War may soon be our reality. The market will crash and unfortunately crypto will crash with it. Get out while you...
#GBPUSD seem to be at the end of a long-term downtrend that takes about 20 days.
Our suggested position, as seen in the chart, is of the buy-stop type. Please do not open the position entry before reaching the trigger.
good luck
The announcement of the new package of Sanctions on Russia are about to spike the #Bitcoin price as EU has just announced that they will cut out Russian participation in the financial sector.
With Russia owning most bitcoins, the EU's sactions to exclude Russian banks on the financial markets could be the biggest driver for Bitcoin to move bullish.
If $29700...
