News list for " avoidance"
Gold is still waiting for a strong catalyst, and aggressive directional bets should be avoided in the short term! The dollar's downside may be limited, and there may be a chance of a rebound tonight? The U.S. oil bulls would be wise to start dormant...
According to CryptoQuant, in the current risk-averse environment, investors seem to prefer traditional safe-haven assets such as gold over Bitcoin (BTC). CryptoQuant data shows that the correlation between bitcoin and gold has fallen sharply recently. Gold prices recently hit a new high above $2,500 an ounce, while bitcoin has been falling and is now more than 20% below the all-time high above $73,000 set in March. Investors have been buying gold and selling bitcoin, while U.S. stocks have...
Trump's assassination risk aversion is heating up, while cooling inflation data continues to support interest rate cuts, and gold prices stand at 2400. This week's data will add another boost to gold prices.
