Wave three might be coming to an End. If we are in an ascending broadening wedge, usually formed at expanded wave 5, yes we can achieve 4000 or 5000k, but, we have to grab some liquidity first, and of course, develop wave 4. Additionally, we have an ABCD pattern.
Fundamentals of course matter as well, Russian President Vladimir Putin said Thursday that he supported the idea of a ceasefire, but that he had many questions about how it would work. Zelensky described Putin's response to the plan as "manipulative" calling for further sanctions on Russia.
It came as US officials travelled to Moscow yesterday, although it's not clear if the planned talks happened. Overnight the fighting continued - with both countries reporting new enemy drone attacks. Hopefully, this will end soon.
Ivan Timofeev, the director general of the Russian International Affairs Council, has told Al Jazeera that there is a clear “ positive dynamic” in the current ceasefire negotiations for Russia.
“Indeed, this is a positive sign due to the fact that the Russian president has not rejected the very idea of the peace settlement,” Timofeev said.
“However, it is normal to hear the concerns and — let’s say — the demand for details on the parameters of such a ceasefire.”
Timofeev emphasised that Russia is seeking “a stable and long peace, not just the ceasefire”, and he called the fate of Ukrainian troops in Kursk an “ open question”, as Russia closes in.
Regarding tariffs, Earlier in the week, Trump threatened to double them on steel and aluminum from Canada, starting Wednesday, in response to Ontario’s retaliatory decision to slap a 25% tax on electricity exports to the U.STariffs are a central part of Trump's overall economic vision. Gold definitely react.
He says tariffs will boost US manufacturing and protect jobs, raising tax revenue and growing the domestic economy. He also wants to restore America's trade balance with its foreign partners - reducing the gap that exists between how much the US imports from and exports to individual countries. Will this strengthen dxy and weaken gold?
Fundamentals of course matter as well, Russian President Vladimir Putin said Thursday that he supported the idea of a ceasefire, but that he had many questions about how it would work. Zelensky described Putin's response to the plan as "manipulative" calling for further sanctions on Russia.
It came as US officials travelled to Moscow yesterday, although it's not clear if the planned talks happened. Overnight the fighting continued - with both countries reporting new enemy drone attacks. Hopefully, this will end soon.
Ivan Timofeev, the director general of the Russian International Affairs Council, has told Al Jazeera that there is a clear “ positive dynamic” in the current ceasefire negotiations for Russia.
“Indeed, this is a positive sign due to the fact that the Russian president has not rejected the very idea of the peace settlement,” Timofeev said.
“However, it is normal to hear the concerns and — let’s say — the demand for details on the parameters of such a ceasefire.”
Timofeev emphasised that Russia is seeking “a stable and long peace, not just the ceasefire”, and he called the fate of Ukrainian troops in Kursk an “ open question”, as Russia closes in.
Regarding tariffs, Earlier in the week, Trump threatened to double them on steel and aluminum from Canada, starting Wednesday, in response to Ontario’s retaliatory decision to slap a 25% tax on electricity exports to the U.STariffs are a central part of Trump's overall economic vision. Gold definitely react.
He says tariffs will boost US manufacturing and protect jobs, raising tax revenue and growing the domestic economy. He also wants to restore America's trade balance with its foreign partners - reducing the gap that exists between how much the US imports from and exports to individual countries. Will this strengthen dxy and weaken gold?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.