News list for "Technical"
Gold's rally is facing a technical correction, ETF and futures positions are still well below "overheated" levels. Although gold is expected to move towards the $4,000 mark by the end of the year,... it has always been a "stumbling block" that cannot be ignored on the way up.
Gold bears start to attack, not breaking the key defensive position to be vigilant against falling; silver may "go down the stairs", today's target is here; crude oil starts a technical rebound, but short-term targets should not look too far...
Gold bulls are making efforts, but you still need to stand in this psychological position before you can consider entering the market! The US index will pay attention to whether this situation can occur in the market outlook; the US pound will pay attention to the effectiveness of the support here. The key to a technical rebound in Europe and the United States is... Click to view...
The Trump team may be formulating a new strategy for dollar depreciation, tariffs are just one part of it, and the rebalancing of global foreign exchange reserves and a coordinated sell-off of the dollar will be the ultimate goal. Gold and silver are technically hesitant, and PCE data are expected to provide new guidance.
Brent crude oil futures rallied technically, rising $1 to $61.23 a barrel in the day after hitting a four-year low.
US oil fell to the 60 mark again, and the short-term trend has turned short, or will accelerate towards the second-level support level. This technical pattern appears on the weekly line, and the short-term rebound may come to an end.
Although the current technical pressure on gold, the fundamentals are still supporting the overall upward trend of gold. Analysts say that under the current intertwining of multiple factors, the gold market is building a solid foundation for structural strength.
Nasdaq-listed crypto mining and technology-based professional financial company LM Funding has released a new unaudited financial report as of January 31, 2025, in which it revealed that the company's mining output in January was 8 BTC, slightly higher than the 7 BTC mining output in December last year, and currently holds 158.2 BTC, worth about $16.10 million (based on the Bitcoin price of $102,000 on January 31).
Looking at the trend of the US dollar index and gold from a technical perspective, long-term traders and swing traders need to adopt very different strategies.
If Bitcoin loses this major support, it will be seen as a strong technical bearish signal...
